The Effect of Ownership Structure on Winning Percentage in Major League Baseball
Open Access
Author:
Rimel, Chelsie D
Area of Honors:
Economics
Degree:
Bachelor of Arts
Document Type:
Thesis
Thesis Supervisors:
Peter William Newberry, Thesis Supervisor David Shapiro, Thesis Honors Advisor
Keywords:
sports economics baseball mlb
Abstract:
This paper examines the effects of ownership structure on winning percentage in Major League Baseball from 1976-2012. Ownership structure is divided into four types: single, joint, media, and corporate. Using a fixed effects model, a positive relationship was found between joint and media owned teams and winning percentage while a negative relationship was discovered between winning percentage and corporate ownership. Another model attempted to find when effects from a change in ownership can be recognized. However the results were unable to present a specific timeline.
