APPLYING GREY RELATIONAL ANALYSIS TO ITALIAN FOOTBALL CLUBS: A MEASUREMENT OF THE FINANCIAL PERFORMANCE OF SERIE A TEAMS
Öz
Extant
literature on the financial analysis of football clubs has applied a vast array
of techniques in determining the fiscal stability of such entities. Although
many studies have provided useful comparisons and analyses of the states of
various clubs, direct research comparing the financial performance among
various clubs is still scant. Hence, we present an application of financial
ratio analysis to the greater Italian football market within the Serie A. The main
purpose of this study is to assess the financial performance of the top three
Italian football clubs currently listed on the Borsa Italiana (Italian Stock
Exchange), those being: Juventus F.C., A.S. Roma, and S.S. Lazio. In accomplishing
this, we offer a comparative analysis of these clubs through the usage of grey
relational analysis (GRA), an optimal performance technique derived from engineering.
Overall, our results suggest that S.S. Lazio appears to be the most financially
stable club among the sampled, publicly traded Serie A teams. In light of these
findings, this study furthers the application of economic evaluation into
larger segments of international football.
Anahtar Kelimeler
Kaynakça
- A.S. Roma, 2016. History. [online] Available at: http://www.asroma.com/en/club/history.
Ayrıntılar
Birincil Dil
Türkçe
Konular
-
Bölüm
Araştırma Makalesi
Yazarlar
Sean Pradhan
University of Michigan
United States
Adem Boyukaslan
Bu kişi benim
AFYON KOCATEPE UNIV
Türkiye
Fatih Ecer
AFYON KOCATEPE UNIV
Türkiye
Yayımlanma Tarihi
14 Mayıs 2017
Gönderilme Tarihi
7 Şubat 2017
Kabul Tarihi
19 Nisan 2017
Yayımlandığı Sayı
Yıl 2016 Cilt: 4 Sayı: 4
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