Residents' major sport event social value: a systematic review of theory

Residents' major sport event (MSE) social value is a central topic for event scholars and managers. Despite its popularity, reviews have focused on empirical findings of impact-based studies; not considering resident investments of these studies nor the theoretical underpinnings of this social phenomenon. Therefore, the present systematic review of theory considers investment and impact-based studies to addresses this gap. We screened 934 records, of which only three met all our inclusion criteria. Findings revealed four theoretical concepts to understand residents' MSE social value: affinity with sport, income, event expectation, and transparency. The combination of these concepts offers a conceptual framework that guides scholars and practitioners to create social value more strategically for residents. Findings revealed the paucity of studies that examine residents' MSE social impact in relation to their MSE investment and calls for future investigations on residents' investments and impacts in relation to each other.