Financial Performance
버진이라는 이름 하에 기업들의 재무성과를 파악하고, 해석하는데 어려움이 있음
운영기업의 수가 많을 뿐만 아니라 이들을 소유하는 지주회사의 수도 많음
또한 운영기업의 소유권도 그룹 안에서 빈번하게 이동하기 때문에 재무성과 파악에 어려움이 있음
Companies which have high Free cash flow have stable financial structure.
If Companies were in expansion period or about to invest new business, they may have recorded budget deficits. Gross Cash Flow means Companies' s total cash flow in year. Gross Investment means total investment. In POSCO, except for global financial crisis in late 2008 , seems nearly similar conditions. Free cash flow is
structural problems
2.1.1 Progress of the euro zone financial crisis and its causes
In the conditions of the global financial and economic crisis, a majority of European countries launched large programs to reanimate the economic situation and save jobs. As the massive fiscal spending is inevitable in the process of addressing the economic crisis, the European financial situation began to deter
Globalization !!!
Development of global media
- broadcasted all over the world
- increased awareness
- result in “dual” support behavior
ex) 경남 FC and Manchester United
Recruiting international players
- increased interests
Government taxation checkups
-Clubs’ financial statements regarding taxation will be reviewed by Sports Governing Body.
- Intro