Accounting and the business of sport: past, present and future
Accounting, Auditing & Accountability Journal
ISSN: 0951-3574
Article publication date: 14 October 2019
Issue publication date: 18 November 2019
Abstract
Purpose
The purpose of this paper is to examine prominent issues and knowledge contributions from research exploring the nexus between accounting and the business of sport, overview the other papers presented in this AAAJ Special Issue and draw from this work to scope out future impactful research opportunities in this area.
Design/methodology/approach
A review and examination of the prior literature and the other papers published in this AAAJ Special Issue.
Findings
The paper identifies and summarises three key research themes in the extant literature: financial regulation and assurance; commercialisation and professionalism; and accountability and control. Then it draws from work within these research themes to set out four broad areas for future impactful research.
Research limitations/implications
The value of this paper rests with collating and synthesising several important research issues on the nexus between accounting (broadly defined) and the business of sport, and in prompting future extensions of this work through setting out areas for further innovative accounting research on sport.
Practical implications
The research examined in this paper and the future research avenues proposed are highly relevant to administrators and regulators in sport. They also offer important insights into matters of accounting, accountability, valuation and control more generally.
Originality/value
This paper adds to vibrant existing streams of research in the area by bringing together authors from different areas of accounting research for this AAAJ Special Issue. In scoping out an agenda for impactful research at the intersection of accounting and sport, this paper also draws attention to underexplored issues pertaining to the rise of integrity and accountability concerns in sport, strategic choices in financial regulation, valuation issues and practices and the rise of technology in sport.
Keywords
Acknowledgements
The authors wish to thank the Founding Joint Editors of AAAJ, James Guthrie and Lee Parker, for their inspiration and support as the authors developed this Special Issue. The authors thank the many scholars who submitted papers in response to the call and particularly thank the contributors of accepted papers published in this Special Issue for their commitment to making this project such a fulfilling and worthwhile endeavour. Appreciation is expressed to all those who graciously gave up their time to provide constructive, insightful and timely advice to both the contributors and the authors as reviewers for the Special Issue. Finally, the authors offer sincere gratitude to the anonymous reviewers assigned to this paper for their thoughtful comments and feedback.
This paper forms part of a special section “Accounting and the business of sport: playing the numbers game”.
Citation
Andon, P. and Free, C. (2019), "Accounting and the business of sport: past, present and future", Accounting, Auditing & Accountability Journal, Vol. 32 No. 7, pp. 1861-1875. https://doi.org/10.1108/AAAJ-08-2019-4126
Publisher
:Emerald Publishing Limited
Copyright © 2019, Emerald Publishing Limited