Bulletin of Business and Economics (BBE)

ISSN - 2414-1771 (Print)

ISSN - 2409-9368 (Online)


Parallel Bodies in Sports Industry: Risk to Reputation, Regulatory Process, Resources and Talent


Authors:

Binish Khan, Ghulam Abid, Alia Ahmed

Citation:

Khan, B., Abid, G. and Ahmed, A. (2015). Parallel Bodies in Sports Industry: Risk to Reputation, Regulatory Process, Resources and Talent. Bulletin of Business and Economics, 4(1), 1-9.

Abstract:

Development of sports within a country is dependent upon the federations that manage and organize them, and any instability in either its infrastructure or in running of these federations, puts the sports of a particular country at a risk of deterioration.  Conflicts within and in between sport federations usually occur due to the money, power and authority vested in them resulting in certain negative consequences. The federations fight to avail sport related privileges and while doing so divert from their actual goals and cause damage to sport development. . The current research explores causes of risk event (formation of parallel bodies) and its impact (severe damage to sports), in context of sports in Pakistan. Furthermore, it also proposes ways to get rid of the factors responsible for the afore-mentioned risk event and suggests methods to secure federations in case if this risk event ensues. The results indicate that this type of risk event is damaging for all kinds of sports, from grass root to national and international levels. It harms not only the sport persons, but also sports structures, resources and talents and puts the reputation of sports federations at stake.

Keywords:

parallel bodies, sport industry, sport federation, risk event, magnitude of risk

Jel Code:

Article Type:

Research Paper

Pages:

1-9

Publisher:

Research Foundation for Humanity (RFH)


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