Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/253781 
Year of Publication: 
2019
Citation: 
[Journal:] Journal of Economics, Finance and Administrative Science [ISSN:] 2218-0648 [Volume:] 24 [Issue:] 48 [Publisher:] Emerald Publishing Limited [Place:] Bingley [Year:] 2019 [Pages:] 327-344
Publisher: 
Emerald Publishing Limited, Bingley
Abstract: 
The of this paper is to examine the 2009 to 2016 financial performance of the US Hockey Inc., using financial effectiveness indicators and financial efficiency ratios. Design/methodology/approach With the assistance of financial trend analysis, archival data were used to examine the financial performance (evaluated by net income), financial effectiveness (indicated by total assets and total revenues) and financial efficiency (examined by programme services ratios and return on assets) of US Hockey Inc. Findings On average, the financial performance of the organization was positive ($30,895 net income per year). Financial effectiveness was steady with increases in assets and revenues. Financial efficiency was poor with 79% of revenues spent on programme services and 1.45% average return on asset. Research limitations/implications The results can be generalized to similar national non-profit sports federations but not corporate sports entities with dissimilar financial goals. Practical implications The results revealed that national non-profit sports federations can boost their financial performance by maintaining a double strategically focus on both financial effectiveness and financial efficiency. Originality/value The study used both financial effectiveness and financial efficiency measures to evaluate the financial performances of a national non-profit sports federation - a neglected approach similar studies.
Subjects: 
Trend analysis
Financial performance
Non-pro&#xfb01
t organization
Financial ef&#xfb01
ciency
Financial effectiveness
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article

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