Affecting factor on role cooperation network for sports sponsorship
Main Article Content
Abstract
The research aimed to study the factors affecting the role of cooperation networks for sports sponsorship. The survey research tool was a questionnaire collected from 567 sponsorship organizations listed in the sports sponsorship registered databases at the Stock Exchange of Thailand (SET) and was analyzed using structural equation modeling techniques. Factors influencing corporate sports sponsorship through cooperation networks include social causes,
social devotion, sports sponsorship and brand sponsorship support, all of which are causally related to sports role cooperation network at 0.05 level. The analysis results show aspects of network cooperation in sports role for sponsoring organizations’ illustrated in the following equation formulas: social devotion = 0.705 (cause-related for society); R2 = 0.497, sports sponsorship = 0.546 (cause-related for society); R2 = 0.298, brand sponsorship support= 0.081 (social devotion) + 0.867* (sports sponsorship); R2 = 0.811 and affecting sports role cooperation sharing = 0.121 (social devotion) + 0.188 (sports sponsorship) + 0.661 (brand sponsorship support); R2 = 0.487. The development models empirically aligned with the evidence and forecasted at an acceptable level of 48.7%, which passed the standard level of 40% (statistical values of χ2/df = 2.977, P < 0.05, RMSEA = 0.049, RMR = 0.045, GFI = 0.970, AGFI = 0.920, CFI = 0.903). The results facilitate and support the beneficial impact of the sports cooperation network for private sponsoring stakeholders, government offices, and sports spectators.
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References
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