Valuation of Human Resource During the Implementation of Resource Strategy of Sport Club
This study deals with the practice of human resource valuation in the professional command football during the implementation of sport club resource strategy. The choice of the direction of research is not random. Resource view in the analysis of strategy and strategy shaping (Barney, 1991) is an ef...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Ltd. "Humanities Perspectives"
2017-06-01
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| Series: | Журнал институциональных исследований |
| Subjects: | |
| Online Access: | http://hjournal.ru/files/JIS_9_2/JIS_9.2_6.pdf |
| _version_ | 1818351914748739584 |
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| author | Polyakov Konstantin, L Kasabov Grigoriy, V Polyakova Marina, V |
| author_facet | Polyakov Konstantin, L Kasabov Grigoriy, V Polyakova Marina, V |
| author_sort | Polyakov Konstantin, L |
| collection | DOAJ |
| description | This study deals with the practice of human resource valuation in the professional command football during the implementation of sport club resource strategy. The choice of the direction of research is not random. Resource view in the analysis of strategy and strategy shaping (Barney, 1991) is an effective long term success tool. There are many costs in the process of resource allocation, in particular during resource valuation, in the market economy in connection, e.g. costs related to information collection and negotiating. Costs rise with the globalization of the economy. Therefore, it is important to create and maintain various institutions to control the level of costs and to study the most common practice of the resource strategy implementation. Particularly, it is important to study resource valuation in the context of institutional environment given the heterogeneity of markets. Human resource is the most important strategic resource on the market of professional command sport. At the same time, solving the problem of human resource allocation on this market leads to serious practical problems. Specifics of economic component of command sport results in the inevitability of labor market failure (Downward, Dawson, 2002) for sustainable development of the sector. Therefore, the need for institution which is to regulate the labor market occurs. Institute of transfer plays this role in some kinds of command sport, such as football. It is the system of concepts and rules, which regulate the transfer of athlete from one sport club to another prior to the expiration of the contract. The number of requirements exist due to the institute of transfer to the practice of athlete’s valuation, which determine the sum and the order of payment of compensation for prior sporting club management. The latter should correlate with the value of the athletes, which they are interest in, with the existing restrictions, which is the reason of the strongly pronounced heterogeneity of markets. Formalization of existing practices of pricing in different segments of professional athletes’ labor market is important for the support of decisions to invest in staff during resource strategy implementation. The current research deals with this problem. The model of linear regression with variable structure is used in the paper as the main instrument of formalization. The structure of the model reflects the structure of professional athletes’ labor market. |
| first_indexed | 2024-12-13T18:45:19Z |
| format | Article |
| id | doaj.art-d692941694f34bb485c3232d04cdd40d |
| institution | Directory Open Access Journal |
| issn | 2076-6297 2412-6039 |
| language | English |
| last_indexed | 2024-12-13T18:45:19Z |
| publishDate | 2017-06-01 |
| publisher | Ltd. "Humanities Perspectives" |
| record_format | Article |
| series | Журнал институциональных исследований |
| spelling | doaj.art-d692941694f34bb485c3232d04cdd40d2022-12-21T23:35:06ZengLtd. "Humanities Perspectives"Журнал институциональных исследований2076-62972412-60392017-06-0192809610.17835/2076-6297.2017.9.2.080-096Valuation of Human Resource During the Implementation of Resource Strategy of Sport ClubPolyakov Konstantin, L 0Kasabov Grigoriy, V 1Polyakova Marina, V 2National Research University Higher School of EconomicsThe independent expertNational Research University Higher School of EconomicsThis study deals with the practice of human resource valuation in the professional command football during the implementation of sport club resource strategy. The choice of the direction of research is not random. Resource view in the analysis of strategy and strategy shaping (Barney, 1991) is an effective long term success tool. There are many costs in the process of resource allocation, in particular during resource valuation, in the market economy in connection, e.g. costs related to information collection and negotiating. Costs rise with the globalization of the economy. Therefore, it is important to create and maintain various institutions to control the level of costs and to study the most common practice of the resource strategy implementation. Particularly, it is important to study resource valuation in the context of institutional environment given the heterogeneity of markets. Human resource is the most important strategic resource on the market of professional command sport. At the same time, solving the problem of human resource allocation on this market leads to serious practical problems. Specifics of economic component of command sport results in the inevitability of labor market failure (Downward, Dawson, 2002) for sustainable development of the sector. Therefore, the need for institution which is to regulate the labor market occurs. Institute of transfer plays this role in some kinds of command sport, such as football. It is the system of concepts and rules, which regulate the transfer of athlete from one sport club to another prior to the expiration of the contract. The number of requirements exist due to the institute of transfer to the practice of athlete’s valuation, which determine the sum and the order of payment of compensation for prior sporting club management. The latter should correlate with the value of the athletes, which they are interest in, with the existing restrictions, which is the reason of the strongly pronounced heterogeneity of markets. Formalization of existing practices of pricing in different segments of professional athletes’ labor market is important for the support of decisions to invest in staff during resource strategy implementation. The current research deals with this problem. The model of linear regression with variable structure is used in the paper as the main instrument of formalization. The structure of the model reflects the structure of professional athletes’ labor market.http://hjournal.ru/files/JIS_9_2/JIS_9.2_6.pdfthe institution of transferresource strategyhuman capitalphysical capitalcost of transferlinear regression with variable structurelinear regression model diagnosticsrobust estimation |
| spellingShingle | Polyakov Konstantin, L Kasabov Grigoriy, V Polyakova Marina, V Valuation of Human Resource During the Implementation of Resource Strategy of Sport Club Журнал институциональных исследований the institution of transfer resource strategy human capital physical capital cost of transfer linear regression with variable structure linear regression model diagnostics robust estimation |
| title | Valuation of Human Resource During the Implementation of Resource Strategy of Sport Club |
| title_full | Valuation of Human Resource During the Implementation of Resource Strategy of Sport Club |
| title_fullStr | Valuation of Human Resource During the Implementation of Resource Strategy of Sport Club |
| title_full_unstemmed | Valuation of Human Resource During the Implementation of Resource Strategy of Sport Club |
| title_short | Valuation of Human Resource During the Implementation of Resource Strategy of Sport Club |
| title_sort | valuation of human resource during the implementation of resource strategy of sport club |
| topic | the institution of transfer resource strategy human capital physical capital cost of transfer linear regression with variable structure linear regression model diagnostics robust estimation |
| url | http://hjournal.ru/files/JIS_9_2/JIS_9.2_6.pdf |
| work_keys_str_mv | AT polyakovkonstantinl valuationofhumanresourceduringtheimplementationofresourcestrategyofsportclub AT kasabovgrigoriyv valuationofhumanresourceduringtheimplementationofresourcestrategyofsportclub AT polyakovamarinav valuationofhumanresourceduringtheimplementationofresourcestrategyofsportclub |