SPORTS GOVERNANCE PRACTICES
ANALYSIS OF BRAZILIAN OLYMPIC CONFEDERATIONS
DOI:
https://doi.org/10.51320/rmc.v24i2.1439Keywords:
Governance, Olympic Confederations, Organizational StructureAbstract
This research aimed to build an indicator to analyze the level of disclosure of governance practices in the Brazilian Olympic confederations through information disclosed on the websites of the 34 Brazilian Olympic confederations and the Brazilian Olympic Committee. An indicator was used that evaluates the disclosure of corporate governance practices in five dimensions: Accounting and Financial Reports; Councils, Structure, and Functioning; Social Return; Other Governance Guidelines; Certification. Further, the opinions expressed in the audit reports are analyzed. Regarding the results, the Olympic confederations disclosed, on average, 62% of the information included in the proposed indicator. However, as a negative aspect, it is pointed out the low level, compared to the other dimensions of governance practices, of the disclosure of elements related to the social impact of confederations. The effective practice of socio environmental actions and consequent dissemination is fundamental for these organizations to impact society. It is expected to contribute to the academic literature that analyzes the governance of sports entities, especially confederations, from the identification of the disclosure of corporate governance practices.
Downloads
References
Adriaanse, J., & Schofield, T. (2014). The impact of gender quotas on gender equality in sport governance. Journal of Sport Management, 28(5), 485–497. https://doi.org/10.1123/jsm.2013-0108
Brasil. (2019). Entidades certificadas 18 e 18-A. Ministério Da Cidadania. https://www.gov.br/cidadania/pt-br/servicos/editais/entidades-certificadas-18-e-18-a%0A
Broedel Lopes, A., & Walker, M. (2008). Firm-Level Incentives and the Informativeness of Accounting Reports: An Experiment in Brazil. SSRN Electronic Journal, 1–60. https://doi.org/10.2139/ssrn.1095781
Buchholz, F., Jaeschke, R., Lopatta, K., & Maas, K. (2018). The use of optimistic tone by narcissistic CEOs. Accounting, Auditing & Accountability Journal, 31(2), 531–562. https://doi.org/10.1108/AAAJ-11-2015-2292
Buchholz, F., & Lopatta, K. (2017). Stakeholder salience of economic investors on professional football clubs in Europe. European Sport Management Quarterly, 17(4), 506–530. https://doi.org/10.1080/16184742.2017.1306870
Cabello-Manrique, D., & Puga-González, E. (2021). A review of the level of good governance in international sport federations. Journal of Human Sport and Exercise, 18(1), 1–14. https://doi.org/10.14198/jhse.2023.181.15
Cadbury. (1992). Report of the Committee on the Financial Aspects of Corporate Governance.
Chappelet, J.-L. (2016). Autonomy and governance: necessary bedfellows in the fight against corruption in sport. Transparency International. www.transparency.org/sportintegrity
Chappelet, J.-L. (2018). Beyond governance: the need to improve the regulation of international sport. Sport in Society, 21(5), 724–734. https://doi.org/10.1080/17430437.2018.1401355
COB. (2021). Em constante evolução, Programa Gestão, Ética e Transparência (GET) passa a abranger novos temas em 2021. Comitê Olímpico Do BrasilC. https://www.cob.org.br/pt/galerias/noticias/em-constante-evolucao-programa-gestao-etica-e-transparencia-get-passa-a-abranger-novos-temas-em-2021/
COB. (2022a). Confederações. Comitê Olímpico Do Brasil. https://www.cob.org.br/pt/cob/confederacoes
COB. (2022b). Sobre o COB. Comitê Olímpico Do Brasil. https://www.cob.org.br/pt/cob/home/sobre-o-cob
Coy, D., & Dixon, K. (2004). The public accountability index: Crafting a parametric disclosure index for annual reports. British Accounting Review, 36(1), 79–106. https://doi.org/10.1016/j.bar.2003.10.003
Dimitropoulos, P. (2014). Capital structure and corporate governance of soccer clubs. Management Research Review, 37(7), 658–678. https://doi.org/10.1108/MRR-09-2012-0207
Dimitropoulos, P., & Tsagkanos, A. (2012). Financial performance and corporate governance in the European football industry. International Journal of Sport Finance, 7(4), 280–308.
Dowling, M., Leopkey, B., & Smith, L. (2018). Governance in sport: A scoping review. Journal of Sport Management, 32(5), 438–451. https://doi.org/10.1123/jsm.2018-0032
FolhaPress. (2019, October 8). Ex-cartola da CBDA é condenado por fraudes na confederação. Folha de São Paulo. https://www1.folha.uol.com.br/esporte/2019/10/ex-cartola-da-cbda-e-condenado-por-fraudes-na-confederacao.shtml
Geeraert, A., Alm, J., & Groll, M. (2014). Good governance in international sport organizations: an analysis of the 35 Olympic sport governing bodies. International Journal of Sport Policy and Politics, 6(3), 281–306. https://doi.org/10.1080/19406940.2013.825874
Guevara, J. C., Martín, E., & Arcas, M. J. (2021). Financial sustainability and earnings management in the spanish sports federations: A multi-theoretical approach. Sustainability (Switzerland), 13(4), 1–16. https://doi.org/10.3390/su13042099
Harris, S. J., Metzger, M. L., & Duening, T. N. (2021). Innovation in national governing bodies of sport: investigating dynamic capabilities that drive growth. European Sport Management Quarterly, 21(1), 94–115. https://doi.org/10.1080/16184742.2020.1725090
Heaston, W. R., Mitchell, M. C., & Kappen, J. A. (2020). Institutional reflections on organizational corruption control: The case of FIFA. Global Governance, 26(3), 403–427. https://doi.org/10.1163/19426720-02603007
Henry, I., & Lee, P. (2004). Governance and ethics in sport. The Business of Sport Managemen, January 2004.
Hovden, J. (2010). Female top leaders – prisoners of gender? The gendering of leadership discourses in Norwegian sports organizations. International Journal of Sport Policy and Politics, 2(2), 189–203. https://doi.org/10.1080/19406940.2010.488065
Hums, M. A., & MacLean, J. C. (2017). Governance and Policy in Sport Organizations. Routledge. https://doi.org/10.4324/9781315213057
IBGC. (2004). Código das melhores práticas de governança corporativa.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360. https://doi.org/10.1016/0304-405X(76)90026-X
Jensen, M. C., & Meckling, W. H. (2003). 4 Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure. In A Theory of the Firm (pp. 83–135). Harvard University Press. https://doi.org/10.4159/9780674274051-006
Lago, U., Simmons, R., & Szymanski, S. (2006). The Financial Crisis in European Football. Journal of Sports Economics, 7(1), 3–12. https://doi.org/10.1177/1527002505282871
Lance! (2021). CBVela é uma das vencedoras do Prêmio Sou do Esporte. Lance! https://www.terra.com.br/esportes/cbvela-e-uma-das-vencedoras-do-premio-sou-do-esporte,21536943097e7fc8303adb8b5150c6498cy9xdzt.html
Marie L’Huillier, B. (2014). What does “corporate governance” actually mean? Corporate Governance (Bingley), 14(3), 300–319. https://doi.org/10.1108/CG-10-2012-0073
Matias, W. B., Teixeira, M. R., & Mascarenhas, F. B. (2019). Raio x do futebol brasileiro: as finanças das federações. Revista Intercontinental de Gestão Desportiva, 9(2), 54–72.
Mazzei, L. C., Bastos, F. C., Böhme, M. T. S., & De Bosscher, V. (2014). Política do esporte de alto rendimento no Brasil: análise da estratégia de investimentos nas confederações olímpicas. Revista Portuguesa de Ciências Do Desporto, 14(2), 58–73. https://doi.org/10.5628/rpcd.14.02.58
Nazi, R. M., & Amboni, N. (2021). Práticas de governança e futebol: um estudo em clubes do Rio Grande do Sul. Revista de Ciências Da Administração, 22(56), 91–108. https://doi.org/10.5007/2175-8077.2020.e61620
Oliveira, M. C. de, Borba, J. A., Ferreira, D. D. M., & Lunkes, R. J. (2018). Características da estrutura organizacional dos clubes de futebol brasileiros: o que dizem os estatutos? Revista de Contabilidade e Organizações, 11(31), 47. https://doi.org/10.11606/rco.v11i31.134462
Pielke, R., Harris, S., Adler, J., Sutherland, S., Houser, R., & McCabe, J. (2020). An evaluation of good governance in US Olympic sport National Governing Bodies. European Sport Management Quarterly, 20(4), 480–499. https://doi.org/10.1080/16184742.2019.1632913
Rezende, A. J., & Dalmácio, F. Z. (2015). Práticas de Governança Corporativa e indicadores de performance dos clubes de futebol: uma análise das relações estruturais. Contabilidade, Gestão e Governança, 18(3), 105–125.
Rezende, A. J., Dalmacio, F. Z., & Facure, C. E. F. (2010). Practice of corporate governance in football clubs. International Journal of Economics and Accounting, 1(4), 410. https://doi.org/10.1504/IJEA.2010.037579
Ruta, D., Lorenzon, L., & Sironi, E. (2019). The relationship between governance structure and football club performance in Italy and England. Sport, Business and Management: An International Journal, 10(1), 17–37. https://doi.org/10.1108/SBM-10-2018-0081
Schausteck, B., & Marchi, W. (2011). Comitê Olímpico Brasileiro e o Financiamento das Confederações Brasileiras. Revista Brasileira de Ciências Do Esporte, 33(1), 163–179.
Silva, A. L. C. da, & Leal, R. P. C. (2005). Corporate governance index, firm valuation and performance in Brazil. RBF - Revista Brasileira de Finanças, 3(1), 1–18.
Silveira, A. D. M. da. (2004). Governança Corporativa e Estrutura de Propriedade: Determinantes e Relação com o Desempenho das Empresas no Brasil (Issue 82). Universidade de São Paulo.
Stenling, C., Fahlén, J., Strittmatter, A. M., & Skille, E. (2021). The gatekeepers of sport governance–nomination committees’ shaping potential in national sport organizations’ board composition processes. European Sport Management Quarterly, 0(0), 1–18. https://doi.org/10.1080/16184742.2021.1897640
Thompson, A., Lachance, E. L., Parent, M. M., & Hoye, R. (2022). A systematic review of governance principles in sport. European Sport Management Quarterly, May, 1–26. https://doi.org/10.1080/16184742.2022.2077795
van Maren, O. (2015). Camille Boillat and Raffaele Poli: Governance models across football associations and leagues (2014). The International Sports Law Journal, 15(1–2), 131–132. https://doi.org/10.1007/s40318-015-0070-z
Verschuuren, P. (2020). Whistleblowing determinants and the effectiveness of reporting channels in the international sports sector. Sport Management Review, 23(1), 142–154. https://doi.org/10.1016/j.smr.2019.07.002
Zambom-Ferraresi, F., García-Cebrián, L. I., Lera-López, F., & Iráizoz, B. (2017). Performance Evaluation in the UEFA Champions League. Journal of Sports Economics, 18(5), 448–470. https://doi.org/10.1177/1527002515588135
Downloads
Published
Versions
- 2023-11-30 (2)
- 2023-08-31 (1)
How to Cite
Issue
Section
License
Copyright (c) 2023 Izabela Maria De Azevedo, Fábio Minatto, José Alonso Borba
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Autores que publicam nesta revista concordam com os seguintes termos:
a) Os autores mantêm os direitos autorais e concedem à revista o direito de primeira publicação, com o trabalho simultaneamente licenciado sob a Licença Attribution-NonCommercial-ShareAlike 4.0 International, que permite o compartilhamento do trabalho com reconhecimento da autoria e publicação inicial nesta revista. Essa licença permite que outros remixem, adaptem e criem a partir do seu trabalho para fins não comerciais, desde que atribuam a você o devido crédito e que licenciem as novas criações sob termos idênticos.
b) Não cabe aos autores compensação financeira a qualquer título, por artigos ou resenhas publicados na Revista Mineira de Contabilidade.
c) Os conceitos expressos nos artigos publicados pela RMC são de inteira responsabilidade de seus autores.
Creative Commons Atribuição 4.0 Internacional
