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Article
Publication date: 28 June 2021

Moira Catania, Mark J. Baimbridge and Ioannis Litsios

The objective of this study is to understand the budgetary role of national legislatures in euro area (EA) countries and to analyse implications for fiscal discipline.

Abstract

Purpose

The objective of this study is to understand the budgetary role of national legislatures in euro area (EA) countries and to analyse implications for fiscal discipline.

Design/methodology/approach

Building on the budget institutions literature, a legislative budgetary power index for all the 19 euro area (EA) countries is constructed using Organisation for Economic Co-operation and Development (OECD) and European Commission data as well as data generated from questionnaires to national authorities. A two-way fixed effects panel data model is then used to assess the effect of legislative budgetary power on the budget balance in the EA during 2006–2015.

Findings

Overall, in the EA, formal legislative powers vis-à-vis the national budgetary process are weak, but there is more legislative involvement in Stability and Growth Pact (SGP) procedures, and legislative budgetary organisational capacity is generally quite good. In contrast to the traditional view in the budget institutions literature, this study’s empirical findings show that strong legislative budgetary power does not necessarily result in larger budget deficits.

Research limitations/implications

Data on legislative budgeting were available from different sources, and time series data were very limited.

Practical implications

There is scope to improve democratic legitimacy of the national budgetary process in the EA, without necessarily jeopardising fiscal discipline.

Originality/value

The constructed legislative budgetary power index covers all the 19 EA countries and has a broad scope covering various novel institutional characteristics. The empirical analysis contributes to the scarce literature on the impact of legislative budgeting on fiscal discipline.

Details

Journal of Public Budgeting, Accounting & Financial Management, vol. 33 no. 5
Type: Research Article
ISSN: 1096-3367

Keywords

Article
Publication date: 1 June 1997

Mark Baimbridge and Claire Simpson

Examines trade union subscriptions in relation to the 1993 Trade Union Reform and Employment Rights Act focusing on the Association of University Teachers, where the relationship…

418

Abstract

Examines trade union subscriptions in relation to the 1993 Trade Union Reform and Employment Rights Act focusing on the Association of University Teachers, where the relationship is examined between subscription payments and hypothesized factors relating to staff, union and institutional characteristics. Finds significant indicators include staff grade, age, gender, the number of part‐time staff, a substitution effect in relation to check‐off together with a quadratic association for union density. Given this series of findings the continued dominance of check‐off as the favoured method of subscription payment, within the confines of this study, appears to be problematic.

Details

Employee Relations, vol. 19 no. 3
Type: Research Article
ISSN: 0142-5455

Keywords

Content available
Article
Publication date: 1 December 1998

Cynthia J. Gamble

27

Abstract

Details

European Business Review, vol. 98 no. 6
Type: Research Article
ISSN: 0955-534X

Article
Publication date: 18 May 2021

Michael Anagnostou and George Tzetzis

The purpose of this research was to develop a scale to measure the football league brand associations such as the “UEFA Champions League” and to investigate their influence on…

Abstract

Purpose

The purpose of this research was to develop a scale to measure the football league brand associations such as the “UEFA Champions League” and to investigate their influence on brand loyalty.

Design/methodology/approach

A questionnaire was developed and tested through a pilot test (N = 120) and the final questionnaire was administered among Greek sport spectators (N = 460). The factor structure was tested through an exploratory factor analysis and a regression analysis was used to examine the predictability of fans' brand loyalty by the league brand association dimensions.

Findings

Six brand association factors were revealed through the exploratory factor analysis: elite management, entertainment, elite-sportsmanship participants, escape, elite refereeing and corporate identity. In addition, new brand associations and elements were found: elite refereeing which included fast football and the league anthem was found to coexist with logo. Elite management, entertainment, escape and corporate identity were found to influence brand loyalty variables.

Practical implications

The study revealed a useful tool to measure sport leagues' brand associations, to measure their influence on Greek fans' loyalty and build strong, unique and favourable consumer-based brand associations.

Originality/value

The paper contributes to the sports brand associations research by examining brand associations in the context of European leagues and elite-level football competitions. It also contributes by identifying and revealing new brand associations and new elements to co-exist with other already known sports brand associations. Finally, it examines the influence of the new brand-specific associations to the brand loyalty of the “UEFA Champions League” competition for Greek sport fans.

Details

Sport, Business and Management: An International Journal, vol. 11 no. 4
Type: Research Article
ISSN: 2042-678X

Keywords

Article
Publication date: 19 June 2019

Andreas Christoph Weber, Veerle De Bosscher, Simon Shibli and Hippolyt Kempf

This paper aims to propose the concept of market potential analysis, which is commonly applied in economics, as a method to enable these investment decisions to be based on sound…

Abstract

Purpose

This paper aims to propose the concept of market potential analysis, which is commonly applied in economics, as a method to enable these investment decisions to be based on sound evidence.

Design/methodology/approach

The markets for Olympic awards, i.e. medals (top three places) and diplomas (i.e. top eight places) are compared in alpine skiing, biathlon, cross country, speed skating, freestyle skiing, short track and snowboarding from 1992 to 2018.

Findings

The most notable changes are identified in cross country (2002), biathlon (2006), freestyle skiing (2014), snowboarding (2006 and 2014) and speed skating (2018).

Originality/value

In spite of the evidence of nations investing strategically in their elite sport systems to produce Olympic success, there is a lack of knowledge on how national-level decision makers can use a strategy to analyse the competitive environment concerning sports contested in the Olympic Winter Games.

Details

Team Performance Management: An International Journal, vol. 25 no. 3/4
Type: Research Article
ISSN: 1352-7592

Keywords

Article
Publication date: 1 June 1997

Publishes more than sixty abstracts on various aspects of higher education, from 1996 journals. Ranges over technology, quality, business‐education links, financing higher…

1208

Abstract

Publishes more than sixty abstracts on various aspects of higher education, from 1996 journals. Ranges over technology, quality, business‐education links, financing higher education, gender issues, learning and assessment, learning organizations, educational change, and the place of research in higher education.

Details

Education + Training, vol. 39 no. 4
Type: Research Article
ISSN: 0040-0912

Keywords

Article
Publication date: 1 November 2002

Andrew Kevin Jenkins

The UK, unlike 12 of our fellow European countries, has decided not to join the euro. Indeed, the question of Britain’s membership of the single currency is unresolved. However…

1756

Abstract

The UK, unlike 12 of our fellow European countries, has decided not to join the euro. Indeed, the question of Britain’s membership of the single currency is unresolved. However, whether the UK decides to join or not, the British public house industry will be affected by the single currency. This article discusses the European Union and the euro, the impacts of the single currency on the British public house industry and a strategy for currency changeover in UK public house companies. The article includes a survey of finance directors of public house companies to ascertain their views of the euro. This is presented as a case study. The information contained in this article should be useful in helping public house firms develop a suitable strategic response to the euro. In this context, it is important that currency changeover is seen as an opportunity rather than a threat.

Details

International Journal of Contemporary Hospitality Management, vol. 14 no. 6
Type: Research Article
ISSN: 0959-6119

Keywords

Article
Publication date: 9 July 2019

Andreas Christoph Weber, Veerle De Bosscher and Hippolyt Kempf

Since the 1990s, the International Olympic Committee has offered nations more medal-winning opportunities at every Winter Games. Meanwhile, many countries are constrained by their…

Abstract

Purpose

Since the 1990s, the International Olympic Committee has offered nations more medal-winning opportunities at every Winter Games. Meanwhile, many countries are constrained by their limited financial resources to target sports strategically. The purpose of this paper is to examine the targeting approaches to Olympic Winter Sports of National Sports Agencies (NSAs), and to identify the factors they assess in the decision-making process.

Design/methodology/approach

The data were collected through semi-structured interviews with 11 decision makers of medal-winning NSAs at the 2014 Sochi Games. The data were then analysed with reference to strategic management in an approach which combines a resource-based view (RBV) with a market-based view (MBV) to build a competitive advantage.

Findings

The results show that NSAs, like firms, combine an internal analysis that reflects the RBV on resources and capabilities (e.g. athletes’ performance per sport and sport-specific elite sport system), with an external analysis of the competitive environment that reflects an MBV (e.g. sport’s medal market size and intensity of competition at Games) to target sports. Using this information, two phases were distinguished: first, the target sports are identified and finance is prioritised accordingly; second, the allocation of the nation’s resources is constantly reviewed in order to optimise it.

Research limitations/implications

Even though social desirability bias in the responses could not be fully excluded, the findings can help policy-makers to distinguish between the internal and external factors identified in this study, and to make more strategic decisions by combining RBV and MBV approaches to build-up their nation’s competitive advantage.

Originality/value

This paper models the targeting strategies of NSAs during an Olympic cycle by introducing the competitive positioning of firms to sports management.

Details

Sport, Business and Management: An International Journal, vol. 9 no. 5
Type: Research Article
ISSN: 2042-678X

Keywords

Article
Publication date: 5 June 2009

Persefoni V. Tsaliki

Unemployment is a systemic element of economic development which need not and “normally” does not give rise to full employment of labour regardless of the flexibility in labour…

4902

Abstract

Purpose

Unemployment is a systemic element of economic development which need not and “normally” does not give rise to full employment of labour regardless of the flexibility in labour markets. This paper aims to address these issues.

Design/methodology/approach

The paper presents the common arguments and policy proposals to unemployment put forward by mainstream and Keynesian economics and it continues by exploring the dynamics of economic development and its effects on employment.

Findings

The normal utilization of the capital stock is not necessarily associated with any specific level of employment. As a result, even high levels of unemployment may be consistent with the normal (full) employment of capital, and the degree of flexibility in the labour market cannot affect the above result in any significant way.

Practical implications

The dynamics of capital accumulation continually tend to reproduce a stream of displaced workers. Moreover, the liberalization of the labour market in the effort to increase labour flexibility have contributed to the polarization of income distribution and increased the poverty rate.

Originality/value

The acknowledgment that the normal functioning of capitalism is consistent with a rising unemployment rate may provide policy makers with a solid analytical ground upon which more realistic and viable employment policies can be proposed in the effort on the one hand to reduce unemployment and on the other hand to alleviate its adverse effects on the unemployed and on social cohesion.

Details

International Journal of Social Economics, vol. 36 no. 7
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 29 November 2022

Fabio Wagner, Mathias Schubert, Holger Preuss and Thomas Könecke

The Premier League (PL) and the Bundesliga (BL) were chosen for this study due to their fundamentally different approaches to ownership regulation and the distribution of media…

Abstract

Purpose

The Premier League (PL) and the Bundesliga (BL) were chosen for this study due to their fundamentally different approaches to ownership regulation and the distribution of media revenues. Regulation in the PL is very liberal if compared to the BL's 50+1-rule. In the BL, the distribution of media revenues is mainly based on past performance, whereas equal distribution is dominant in the PL. The specific aim of this paper was a longitudinal analysis with a focus on the final outcome of the seasons.

Design/methodology/approach

This study looks at competitive intensity (CI) in the men's BL and the English PL because it is a crucial indicator for the long-term success of a sports league and the participants. To calculate the CI of both leagues and of all relevant sub-competitions (championship, Champions League (CL), Europa League (EL), Conference League (CoL) and fight against relegation), a CI index (CII) model was generalised and applied for an examination period spanning from 1998/99 to 2020/21.

Findings

Until 2008/09, seasonal CI in the BL was somewhat higher than in the PL. But afterwards, the BL's championship race's CI dropped considerably, while the PL's CI for qualification for the CL rose profoundly. Results also showed that the introduction of the CoL raised the leagues' CI indices.

Originality/value

Besides a methodological contribution with the generalisation of the applied CI index model, the findings are discussed in the context of the above-mentioned regulatory and distribution mechanisms also taking into account the very current discussion regarding general regulatory changes within European football.

Details

Sport, Business and Management: An International Journal, vol. 12 no. 5
Type: Research Article
ISSN: 2042-678X

Keywords

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