The economic situation of the sport companies in Hungary in 2016

Abstract

The aim of this study is to analyse the economic situation of the Hungarian sport companies in 2016. Due to the high number of companies in the sample, we carried out the research by quartiles. According to our results, the geographical node for the sport companies is the capital city or its agglomeration. Ranking by the company profit, the concentration is the highest in the first 25% while the profit distribution is more or less uniform among the remaining quartiles. There was no strong connection between the company profit, the personnel expenses of the companies and the number of employee in the sample. Our results imply that the market competition is the strongest among the traditionally well-known sport provider companies. Furthermore, based on the literature, the successes of the company related sport team are still the main driving force for the economic development of the sport companies.