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Social and Behavioral Sciences Commons™
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Articles 1 - 3 of 3
Full-Text Articles in Social and Behavioral Sciences
Determining Fair Market Value For Duke’S Sporting Goods Store, Michael Goldman, Daniel A. Rascher
Determining Fair Market Value For Duke’S Sporting Goods Store, Michael Goldman, Daniel A. Rascher
Sport Management
Shelley Valdez is a recent finance team hire at Duke’s Sporting Goods Store. She has 1 week to identify, gather, and analyze relevant information to calculate the financial value of the business, using the income and market approaches. She has also been asked to consider Duke’s liquidation value, and comment on the strategic options these calculations point to, before a board meeting of the owners next week.
Tracking The Dollars: How Economic Impact Studies Can Actually Benefit Managerial Decision Making, Daniel A. Rascher, Michael M. Goldman
Tracking The Dollars: How Economic Impact Studies Can Actually Benefit Managerial Decision Making, Daniel A. Rascher, Michael M. Goldman
Sport Management
Almost every month brings another attention-grabbing headline about a city or country considering a bid for a major sporting or entertainment event. Politicians, business executives, and excited fans weigh in about the possible costs and benefits, with limited numbers provided about the possible economic impact, and even less said about how these numbers were calculated. Most recently, LeBron James’ return to Cleveland was estimated by Bloomberg to boost the city’s economy by $215 million annually, while Cuyahoga County’s projections were more than double this number. A concert of Jay-Z and Beyonce in Baltimore in 2013 was estimated by the local …
The Economic Impact Of Stadia And Teams: The Case Of Minor League Baseball, Nola Agha
The Economic Impact Of Stadia And Teams: The Case Of Minor League Baseball, Nola Agha
Sport Management
This paper uses an extensive unique dataset to investigate the justification of government subsidies for minor league baseball teams and stadiums by measuring pecuniary gains in a local economy. Specifically, a dynamic panel data model incorporating 238 Metropolitan Statistical Areas that hosted affiliated or independent minor league teams between 1985 and 2006 shows that AAA teams, A+ teams, AA stadiums, and rookie stadiums are all associated with significant positive effects on the change in local per capita income. The presence of positive effects is strikingly different from decades of non-positive results at the major league level.