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Motives and structure behind capital investments in ice hockey arenas – the Swedish way
Linnaeus University, School of Business and Economics, Department of Management Accounting and Logistics. (Centre for Management Accounting Research (CMAR))ORCID iD: 0000-0003-0378-2995
2019 (English)In: Sport in Society: Cultures, Media, Politics, Commerce, ISSN 1743-0437, E-ISSN 1743-0445Article in journal (Refereed) Epub ahead of print
Abstract [en]

An unprecedented number of large ice hockey arenas were built in Sweden between 2000-2014. This study explores the motives and rationale behind these capital investments in Swedish ice hockey arenas. Based on a multiple data gathering methods, this research conclude that capital investments in sport arenas are primarily driven by the need for rationalization and improvement of events, increasing societal image building through sport and an increasing focus on social enrichment in the competition for attracting citizens and companies to municipalities. Close collaborations between local politicians, club executives and entrepreneurs have provided creative financial solutions for the new arenas. The ice hockey arena projects have been legitimized from a societal perspective through either overly optimistic or manipulated sophisticated capital investment methods, which provided the necessary support for the political decision rationale that has been dominating these projects. A consequence of the arena projects, is an increased commercialization and professionalization of Swedish hockey.

Place, publisher, year, edition, pages
Taylor & Francis Group, 2019.
Keywords [en]
capital investment structure, sport arenas, societal legitimization
National Category
Business Administration
Research subject
Economy, Ekonomistyrning
Identifiers
URN: urn:nbn:se:lnu:diva-81346DOI: 10.1080/17430437.2020.1696527OAI: oai:DiVA.org:lnu-81346DiVA, id: diva2:1371794
Available from: 2019-11-20 Created: 2019-11-20 Last updated: 2019-12-06

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Alpenberg, Jan

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf