Vol. 9 No. 1-2 (2015)
Articles

The relevance of sports financing

Published September 1, 2015
https://doi.org/10.19041/APSTRACT/2015/1-2/4
Authors
Patrícia Becsky-Nagy
University of Debrecen, Faculty of Economics, Institute of Finance and Accounting
, Tamás Dékán
University of Debrecen, Faculty of Economics, Institute of Finance and Accounting
, Réka Szőke
University of Debrecen, Faculty of Economics, Institute of Finance and Accounting
, Zoltán Bács
University of Debrecen, Faculty of Economics, Institute of Finance and Accounting
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How to Cite
Selected stlye: APA
Becsky-Nagy, P. ., Dékán, T. ., Szőke, R., & Bács, . Z. (2015). The relevance of sports financing. Applied Studies in Agribusiness and Commerce, 9(1-2), 19–22. https://doi.org/10.19041/APSTRACT/2015/1-2/4
Dates
Published date: 2015-09-01
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Abstract

According to estimations sports exploit approximately two percent of world GDP. In addition sports represent an important function in culture, socialization and also in education, act an outstanding role in economy, as well, though academic researchers cannot find positive relationship between sports financing and economic growth. Sports were originally civil actions, with non-profit nature, where they did not aspire to reach high returns, but fulfilment of sport itself. However returns can be realized and reinvested in sports. This paper tries to collect the different aspects of sports financing in order to highlight its relevance.

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