Financial Sustainability and Earnings Management in the Spanish Sports Federations: A Multi-Theoretical Approach

The objective of this study is to analyze, from a multi-theoretical framework, whether the managers Spanish National Sports Federations (NSFs) apply earnings management using accounting accruals as measure managerial discretion; secondly, these practices are associated with both level dependence on external resources, and economic financial control mechanisms exercised by Superior Council (Consejo de Deportes, CSD) for granting public subsidies. provides evidence that long-term debt levels size sports federations determinants management, more accentuated relationship in case Olympic Paralympic federations.