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Article
Publication date: 7 December 2021

Amy Chan Hyung Kim, James Du and Jeffrey James

The purpose of the current research was to examine the different relationships between individuals' sense of community in sport (SCS) cultivated by participating in local sport…

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Abstract

Purpose

The purpose of the current research was to examine the different relationships between individuals' sense of community in sport (SCS) cultivated by participating in local sport leagues, social support and health-related psychological outcomes (i.e. depressive symptoms and happiness) based on the participants' involvement level in the tennis league.

Design/methodology/approach

Using participants (n = 150) from local tennis leagues in the Southeastern region of the USA, the authors first conducted an instrument validation procedure to assess the psychometric properties of the included measures, and second, the authors analyzed the proposed multigroup moderated-mediation structural model using component-based partial least squares structural equation modeling with SmartPLS 3 (Ringle et al., 2015).

Findings

The results provide adequate evidence of reliability and validity for both the included reflective and formative constructs. Further, the findings of the proposed moderated-mediation structural model indicated that SCS was positively and significantly associated with social support and happiness while negatively related with depressive symptoms. Social support only mediated the relationship between SCS and happiness. The multigroup analysis results showed significant differences in the relationship between social support and happiness between the least involved group and more involved groups.

Originality/value

The findings of this study indicated that SCS experienced through participation in local sport leagues can develop both the extent and quality of supportive social relationships with other engaging members. One conclusion from the findings is recognizing a need to develop interventions to enhance SCS, social support and health-related psychological outcomes through local sport league participation.

Details

International Journal of Sports Marketing and Sponsorship, vol. 23 no. 2
Type: Research Article
ISSN: 1464-6668

Keywords

Available. Open Access. Open Access
Article
Publication date: 30 July 2020

Minyeon Han, Dong-Hyun Lee and Hyoung-Goo Kang

This paper aims to replicate 148 anomalies and to examine whether the performance of the Korean market anomalies is statistically and economically significant. First, the authors…

11328

Abstract

This paper aims to replicate 148 anomalies and to examine whether the performance of the Korean market anomalies is statistically and economically significant. First, the authors observe that only 37.8% anomalies in the universe of the KOSPI and the KOSDAQ and value-weighted portfolios have t-statistics that exceed 1.96. When the authors impose a higher threshold (an absolute value of t-statistics of 2.78), only 27.7% of the 148 anomalies survive. Second, microcaps have large impacts. The results vary significantly depending on whether the sample included stocks in the KOSDAQ and whether value-weighted or equal-weighted portfolios are used. The results suggest that data mining explains large portion of abnormal returns. Any tactical asset allocation strategies based on market anomalies should be applied very cautiously.

Details

Journal of Derivatives and Quantitative Studies: 선물연구, vol. 28 no. 2
Type: Research Article
ISSN: 2713-6647

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