Assessing Financial Condition of Municipal Sports Agencies: A Data Benchmarking Approach
Jorge García-Unanue1, 2, 3, *, José L. Felipe2, 3, Julio del Corral1, Leonor Gallardo1, 2
1 University of Castilla-La Mancha, Calle Altagracia, 50, 13071 Ciudad Real, Spain
2 IGOID Research Group, Avda. Carlos III s/n, 45071, Toledo, Spain
3 European University, School of Sport Science, Calle Tajo, s/n, 28670 Villaviciosa de Odón, Madrid, Spain
This study analyzes the development of the financial condition of local decentralized public sports services over a period of 10 years, obtaining benchmarks to serve as a point of reference. In order to do this, the elements of flexibility, independence, and sustainability are analyzed through three indicators in 2,139 observations obtained from municipal sports service organi-zations in Spain from 2002 to 2011. The majority of the organizations show results that are theoretically adequate in terms of flexibility and sustainability, but not independence. For this reason, the statistics presented can be used as a point of reference in order to classify the organizations in the sector according to their financial performance.
open-access license: This is an open access article licensed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 International Public License (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/legalcode), which permits unrestricted, non-commercial use, distribution and reproduction in any medium, provided the work is properly cited.
* Address correspondence to this author at the IGOID Research Group. University of Castilla-La Mancha, Avenida. Carlos III s/n, 45071, Toledo, Spain; Tel: (+34) 925268800; Ext. 5544; E-mail: Jorge.email@example.com