IS IT A BUSINESS FEEDING ON EMOTIONS OR AN ACT OF ALTRUISM? THE CASE OF FINANCING FOOTBALL IN POLAND

The main goal of this article is to verify the hypothesis on the behavioural character of the relationships between enterprises financing football in Poland and the fans of this sport. In his research, the author analyses selected companies listed on the Warsaw Stock Exchange which are engaged in fi...

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Main Author: Sebastian Mariusz Majewski
Format: Article
Language:English
Published: Lodz University Press 2015-02-01
Series:Acta Universitatis Lodziensis. Folia Oeconomica
Subjects:
Online Access:https://czasopisma.uni.lodz.pl/foe/article/view/348
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author Sebastian Mariusz Majewski
author_facet Sebastian Mariusz Majewski
author_sort Sebastian Mariusz Majewski
collection DOAJ
description The main goal of this article is to verify the hypothesis on the behavioural character of the relationships between enterprises financing football in Poland and the fans of this sport. In his research, the author analyses selected companies listed on the Warsaw Stock Exchange which are engaged in financing football in the Polish Ekstraklasa. The author uses the quotations of such companies as: Ruch Chorzow, Comarch, KGHM, Tauron, Lotos and Police. It is possible to divide these companies into three groups: owners (Comarch, KGHM), sponsors (Tauron, Lotos, Police) and one public company (Ruch). In the research, ARCH models are used based on econometric models with independent variables: sporting results and betting odds.
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spelling doaj.art-eb931ebf2c6e4b31b56a70602696d6a92022-12-21T18:19:30ZengLodz University PressActa Universitatis Lodziensis. Folia Oeconomica0208-60182353-76632015-02-011310230IS IT A BUSINESS FEEDING ON EMOTIONS OR AN ACT OF ALTRUISM? THE CASE OF FINANCING FOOTBALL IN POLANDSebastian Mariusz Majewski0University of SzczecinThe main goal of this article is to verify the hypothesis on the behavioural character of the relationships between enterprises financing football in Poland and the fans of this sport. In his research, the author analyses selected companies listed on the Warsaw Stock Exchange which are engaged in financing football in the Polish Ekstraklasa. The author uses the quotations of such companies as: Ruch Chorzow, Comarch, KGHM, Tauron, Lotos and Police. It is possible to divide these companies into three groups: owners (Comarch, KGHM), sponsors (Tauron, Lotos, Police) and one public company (Ruch). In the research, ARCH models are used based on econometric models with independent variables: sporting results and betting odds.https://czasopisma.uni.lodz.pl/foe/article/view/348football, betting odds, emotions, ARCH type models
spellingShingle Sebastian Mariusz Majewski
IS IT A BUSINESS FEEDING ON EMOTIONS OR AN ACT OF ALTRUISM? THE CASE OF FINANCING FOOTBALL IN POLAND
Acta Universitatis Lodziensis. Folia Oeconomica
football, betting odds, emotions, ARCH type models
title IS IT A BUSINESS FEEDING ON EMOTIONS OR AN ACT OF ALTRUISM? THE CASE OF FINANCING FOOTBALL IN POLAND
title_full IS IT A BUSINESS FEEDING ON EMOTIONS OR AN ACT OF ALTRUISM? THE CASE OF FINANCING FOOTBALL IN POLAND
title_fullStr IS IT A BUSINESS FEEDING ON EMOTIONS OR AN ACT OF ALTRUISM? THE CASE OF FINANCING FOOTBALL IN POLAND
title_full_unstemmed IS IT A BUSINESS FEEDING ON EMOTIONS OR AN ACT OF ALTRUISM? THE CASE OF FINANCING FOOTBALL IN POLAND
title_short IS IT A BUSINESS FEEDING ON EMOTIONS OR AN ACT OF ALTRUISM? THE CASE OF FINANCING FOOTBALL IN POLAND
title_sort is it a business feeding on emotions or an act of altruism the case of financing football in poland
topic football, betting odds, emotions, ARCH type models
url https://czasopisma.uni.lodz.pl/foe/article/view/348
work_keys_str_mv AT sebastianmariuszmajewski isitabusinessfeedingonemotionsoranactofaltruismthecaseoffinancingfootballinpoland