The Determinants of Brazilian Football Clubs’ Debt Ratios

The Determinants of Brazilian Football Clubs’ Debt Ratios

This paper explores the relationship between the debt ratio of Brazilian football clubs and several potential determinants, both financial and sports-related. Our explanatory variables are Current Ratio, Return on Assets, Score Percentage, Size, 12 Biggest Clubs, Access (to specific championships,...

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Bibliographic Details
Main Authors: Marke Geisy da Silva Dantas, Raimundo Marciano de Freitas Neto, Maria Alice Alves da Costa, Alexandro Barbosa
Format: Article
Language:English
Published: FUCAPE Business School 2017-01-01
Series:BBR: Brazilian Business Review
Subjects:
football clubs
determinants
debt ratio
profitability
first division
Online Access:http://www.redalyc.org/articulo.oa?id=123054178004

Internet

http://www.redalyc.org/articulo.oa?id=123054178004

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