Sports Sponsorship: Evolution, Content Analysis, Problems, Trends

Youssef W. Nader
1. Novosibirsk state university
youssefnader@mail.ru
The material was received by the Editorial Board: 02/02/2020

Abstract

The paper examines the foundations of sponsorship research in order for better understanding the conceptual and theoretical foundations that have underpinned the development of sponsorship to our date. It tackles this field of study fr om a historical perspective and analyses available scholarly research, tracks back its development and consequently projects future trends, tries to highlight the gaps found in academic literature and to cite problems concerning the sponsorship application. What this study does reveal, is that sponsorship is still following a positive trend, as validated by our content analysis and financial figures, and in accordance with the results of previous studies in this field. However, the problems are still various and diverse, some are of evaluation nature, others purely academic or related to function. When it comes to the Russian market, the lack of scholarly research is notable. In this context, sports sponsorship should not be seen and limited to sports economics or marketing. There are broader geopolitical and strategic dimensions, wh ere sports sponsorship plays the role of a soft power tool. Therefore, there is a need for the development of this field, for the trend analyses, which are not common in academic research to date, not only for Russia but also globally.

Key words: sports economics, sponsorship, new research, bibliometrics, content analysis.



References:
  1. Baumol W. Economics of Athenian drama: Its relevance for the arts in a small city today. Quarterly Journal of Economics, 1971, no. 85 (3), p. 365–376. 
  2. Kissoudi P. Closing the circle: Sponsorship and the Greek Olympic Games from ancient times to the present day. International Journal of the History of Sport, 2005, vol. 22, no. 4, p. 618–638. 
  3. Atlas of New Research Based on EconLit (2006–2013). Vol. 19. JEL category Z. Lychagin M. V., Mkrtchyan G. M., Suslov V. I. (eds.) Novosibirsk, Novosibirsk State University Press, 2018. 
  4. Hennessy J. The revolution in sport. Lloyds Bank Review, 1960, vol. 57, no. 0,
    p. 34–45.
  5. Hawkins D. I. The Impact of Sponsor Identification and Direct Disclosure of Respondent Rights on the Quantity and Quality of Mail Survey Data. Journal of Business, 1979, vol. 52, no. 4, p. 577–590. 
  6. Daley L. A. The Valuation of Reported Pension Measures for Firms Sponsoring Defined Benefit Plans. Accounting Review, 1984, vol. 59, no. 2, p. 177–198. 
  7. Gratton C., Taylor P. The Economics of sport sponsorship. National Westminster Bank Quarterly Review, 1985, vol. 0, issue 0, p. 53–68. 
  8. Chressanthis G. A. The demand for chess in the United States, 1946–1990. American Economist, 1994, vol. 38, no. 1, p. 17–26. 
  9. Piquet S. Sponsoring sportif et communication sociale. (Sponsoring and Social Communication. With English summary). Revue Francaise de Gestion, 1998, vol. 0 (118), p. 66–74.
  10. Maloney M. T., Terkun K. Road warrior booty: Prize structures in motorcycle racing. Contributions to Economic Analysis and Policy, 2002, vol. 1, no. 1: na. 
  11. Knez-Riedl J. External Social Responsibility of the Slovenian SMEs. In: Zbornik Radova Ekonomskog Fakulteta u Rijeci: Casopis za Ekonomsku Teoriju i Praksu. Proceedings of Rijeka School of Economics: Journal of Economics and Business, 2002, vol. 20, no. 2, p. 35–40. 
  12. DeSchriver T. D., Jensen P. E. What’s in a Name? Price Variation in Sport Facility Naming Rights. Eastern Economic Journal, 2003, vol. 29, no. 3, p. 359–376. 
  13. Shilbury D., Quick S., Westerbeek H. Strategic sport marketing. 2nd ed. Sport Management Series. Crows Nest, Australia, Allen and Unwin, 2003. 
  14. Tsiotsou R., Lalountas D. Applying event study analysis to assess the impact of marketing communication strategies: The case of sponsorship. Applied Financial Economics Letters, 2005, vol. 1, no. 4, p. 259–262. 
  15. Cornwell T. B., Maignan I. An international review of sponsorship research. Journal of Advertising, 1998, vol. 27, no. 1, p. 1–21. DOI 10.1080/00913367.1998.10673539. 
  16. Walliser B. An international review of sponsorship research: Extension and update. International Journal of Advertising, 2003, vol. 22, no. 1, p. 5–40. 
  17. Van Heerden C. H., du Plessis P. J. Identifying associations between sport sponsorship decision-making variables. South African Journal of Economic and Management Sciences, N.S., 2004, vol. 7, no. 3, p. 427–439. 
  18. Shmanske S. Golfonomics. Singapore, River Edge, NJ, and London, World Scientific, 2004. 
  19. Nora J. R., Choi S. M., Trimble S. T., Li H. Congruence effects in sponsorship: the mediating role of sponsor credibility and consumer attributions of sponsor motive. Journal of Advertising, 2004, vol. 33, no. 1, p. 30–42. DOI 10.1080/00913367.2004.10639151 
  20. Tsordia C., Papadimitriou D., Apostolopoulou A. Building a sponsor’s equity through brand personality: Perceptions of fans and rivals. Sport, Business and Management, 2018, vol. 8, no. 5, p. 454–468. DOI 10.1108/SBM-09-2017-0050 
  21. Kim Y., Kim S., Lee S., Cho S. A Structural Validation of Brand Personality Scale: Assessing the Congruence Effects of Sport Sponsorship. Measurement in Physical Education and Exercise Science, 2019, vol. 23, no. 4, p. 351–363. DOI 10.1080/1091367X.2018.1523794 
  22. Dixon H., Scully M., Wakefield M., Kelly B., Pettigrew S. Community junior sport sponsorship: An online experiment assessing children's responses to unhealthy food v. pro-health sponsorship options. Public Health Nutrition, 2018, vol. 21, no 6, pp. 1176-1185. DOI: 10.1017/S1368980017003561. 
  23. Richelieu A., Desbordes M. Sports teams and equipment manufacturers going international: The strategic leverage of co-branding. Sport, Business and Management: An International Journal, 2013, vol. 3, no. 1, p. 63–77. DOI 10.1108/20426781311316906. 
  24. Kahuni A.T., Rowley J., Binsardi A. Guilty by association: Image spill-over in corporate co-branding. Corporate Reputation Review, 2009, vol. 12, no. 1, p. 52– 63. DOI 10.1057/crr.2009.1 
  25. Eryigit C., Eryigit M. The effect of sponsorship announcements on stock returns of sponsees. International Journal of Sport Finance, 2019, vol. 14, no. 3, p. 173–190. 
  26. Lee J.-Y., Jin C.-H. The effect of sponsor’s brand on consumer-brand relationship in sport sponsorship. Global Business and Finance Review, 2019, vol. 24, no. 1, p. 27–43. DOI 10.17549/gbfr.2019.24.1.27
  27. Yuan S., Huo C., Malik T. H. The negative spillover effect in sports sponsorship: An experiment examining the impact of team performance on sponsor’s brand trust. International Journal of Sports Marketing and Sponsorship, 2019, vol. 20, no. 3, p. 477–494. DOI 10.1108/IJSMS-01-2018-0003 
  28. Miyazaki A. D., Morgan A. G. Assessing market value of event sponsoring: Corporate olympic sponsorships. Journal of Advertising Research, 2001, vol. 41, no. 1, p. 9–15. DOI 10.2501/JAR-41-1-9-15 
  29. Grohs R., Wieser V. E., Pristach M. Value co-creation at sport events. European Sport Management Quarterly, 2020, vol. 20, no. 1, p. 69–87. DOI 10.1080/16184742.2019.1702708 
  30. Jensen J. A., Cobbs J. B., Turner B. A. Evaluating sponsorship through the lens of the resource-based view: The potential for sustained competitive advantage. Business Horizons, 2016, vol. 59, no. 2, p. 163–173. DOI 10.1016/j.bushor. 2015.11.00
  31. Khan A. M., Stanton J. A Model of Sponsorship Effects on the Sponsor’s Employees. Journal of Promotion Management, 2010, vol. 16, no. 1–2, p. 188–200. DOI 10.1080/10496490903574831 
  32. Davies L. E., Taylor P., Ramchandani G., Christy E. Social return on investment (SROI) in sport: a model for measuring the value of participation in England. International Journal of Sport Policy and Politics, 2019, vol. 11, no. 4, p. 585–605. DOI 10.1080/19406940.2019.1596967 
  33. Keane L., Hoare E., Richards J., Bauman A., Bellew W. Methods for quantifying the social and economic value of sport and active recreation: a critical review. Sport in Society, 2019, vol. 22, no. 12, p. 2203–2223. DOI 10.1080/17430437.2019.1567497 
  34. Crompton J. L. Sponsorship ambushing in sport. Managing Leisure, 2004, vol. 9, no. 1, p. 1–12. DOI 10.1080/1360671042000182964
  35. Nufer G. Ambush marketing in sports: an attack on sponsorship or innovative marketing? Sport, Business and Management: An International Journal, 2016, vol. 6, no. 4, p. 476–495. DOI 10.1108/SBM-05-2013-0008
References: Nader Y.W. Sports Sponsorship: Evolution, Content Analysis, Problems, Trends. World of Economics and Management. 2020. vol. 20, no. 1. P. 154–171. DOI: 10.25205/2542-0429-2020-20-1-154-171