Corporate Governance Trends in Sport – Thematic Intelligence

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Corporate Governance Trends in Sport Report Overview

Good corporate governance is essential for a strong sports industry. Some of the recent events have indicated the downfall of sports because of poor governance and sportswashing (where an individual, group, corporation, or nation-state uses sport to improve its reputation). The latest issue to bring this to public attention surrounds LIV Golf, which is backed by Saudi Arabia. Many of those taking part have been criticized due to Saudi Arabia’s human rights record.

Corporate governance trends in sport thematic report analyzes the impact of corporate governance pressures on the sport sector.

Major Hiring Themes ·       Money Laundering

·       Ethics

·       Executive Compensation

Major Countries ·       The US

·       The UK

·       India

·       Philippines

·       Switzerland

·       Others

Major Companies ·       NBA

·       UEFA

·       FIFA

·       IOC

·       UCI

·       NFL

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Corporate Governance Trends in Sport - Major Hiring Themes

Some of the major hiring themes in the corporate governance trends in sport are money laundering, ethics, and executive compensation. Money laundering was the leading hiring theme in the corporate governance trends in sports.

Corporate Governance Trends in Sport, Major Hiring Themes

Corporate Governance Trends in Sport, Major Hiring Themes

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Corporate Governance Trends in Sport - Major Hiring Countries

The US, the UK, India, Switzerland, Philippines, and others are the major hiring countries in the corporate governance trends in sports theme. The UK is hiring the most for corporate governance in sport followed by the US.

Corporate Governance Trends in Sport, Major Hiring Countries

Corporate Governance Trends in Sport, Major Hiring Countries

For more insights on the hiring countries, download a free report sample

Pressing Corporate Governance Themes in Sports In 12–24 Months

Sportwashing and corporate structure are expected to have high impact on corporate governance performance in the sports sector.

Sportwashing is the practice of utilizing sport to enhance the reputation of a nation state or individual. The Qatar World Cup, the Olympics being hosted in China and Russia, and Middle Eastern countries buying ownership of soccer clubs, especially in the Premier League are all good examples of this.

Sport as an industry is behind other sectors in terms of diversity at the boardroom level. The number of black and ethnic minority individuals on boards funded by Sport England and UK Sport was disproportionately low.

Major Companies in Corporate Governance Trends in Sports Theme

Some of the major companies in the sports sector involved in the corporate governance theme are NBA, UEFA, FIFA, IOC, UCI, and NFL.

The NBA has several social justice programs in place, all under the umbrella of an initiative called ‘NBA Cares’. Many of them are driven towards tackling inequality and aiding underprivileged kids from harsh communities. These programs engage more than 60 million youths in basketball programs. The global outreach of the initiative is also notable, impacting 40 countries worldwide. Examples include working with local kids during international trips for NBA teams, like the 2022/23 pre-season tours for the Milwaukee Bucks and Golden State Warriors in the UAE and Japan respectively.

UEFA has a separate Control, Ethics and Disciplinary Body that deals with all disciplinary and ethical matters that breach established UEFA statutes and regulations. The fifteen member body regularly rules and votes on punishments handed down to teams during games for breaches of conduct including foul play and crowd behavior.

To know more about the major sports companies, download a free report sample

GlobalData’s thematic scorecard for the sporting federations sector

Our thematic scorecard ranks companies within a sector based on overall leadership in the 10 themes that matter most to their industry, generating a leading indicator of future performance.

GlobalData’s thematic scorecard for the sporting federations sector

To know more about the sector scorecard, download a free report sample

Scope

This report provides an overview of the key corporate governance highlights in 2022. It focuses on the assessment of impact of corporate governance pressures on the Sport sector.

Key Highlights

Cybersecurity was the most disruptive threat for businesses in 2022. In addition, privacy concerns in the metaverse and voting rights remained key trending topics in 2022.

Reasons to Buy

Cybersecurity was the most disruptive threat for businesses in 2022. In addition, privacy concerns in the metaverse and voting rights remained key trending topics in 2022.

LIV Golf
FIFA
Newcastle United
Formula1
Entain
United States Olympic Committee
Under Armour
Manchester United
Liverpool
RBC Community Junior Golf
Sportman’s Warehouse
Leeds United
NBA
NHL
MLB
IPC
IOC
UEFA
FIA
PGA Tour
UCI
MLS
ICC
NFL
FEI
ITTF
FIVB
FIBA
FIS
World Rugby
ITF
World Athletics
World Rowing
FINA
FIG

Table of Contents

What will corporate governance be like in 2030?

What were the key corporate governance trends in 2022?

Assessing the impact of corporate governance in sport

Appendices

1. Further reading

2. Glossary

3. Our ESG framework

4. Corporate governance disclosure metrics

5. Our Thematic Intelligence methodology

Frequently asked questions

Corporate Governance Trends in Sport – Thematic Intelligence thematic reports
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