Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/230870
Authors: 
Barth, Michael
Emrich, Eike
Daumann, Frank
Year of Publication: 
2017
Series/Report no.: 
Diskussionspapiere des Europäischen Instituts für Sozioökonomie e.V. No. 20
Abstract: 
In analysis of Austrian elite sport, a distinction can be made between hierarchical and market organization. Following Williamson, the question of a superiority of governance form caused by the factor specificity of investments is being investi-gated. The results from an applied logit-loglinear model on data from survey with Austrian 'squad-athletes' show that apparently there exists no such superiority. Further investigation of data shows that these results appear to be caused by Aus-tria's "pre-conditions". In a hybrid form of organization like in Austria centraliza-tion might have exceeded the optimal extend and congruency of different products seem to be overemphasized.
Subjects: 
new institutional economics
asset specificity
factor specificity of investments
sports promotion
sport governance
Document Type: 
Working Paper

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