Graduation Year

Spring 2012

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Jungmo Yoon

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© 2012 Vincent O. Schiavoni

Abstract

I analyze the impact that a Major League Baseball (MLB) team’s ownership structure has on its financial and on-the-field efficiency. Previous work has shown that ownership structure does have an impact on firm efficiency. In MLB, a team under the management of a corporate owner could have access to potential cost and revenue synergies that would otherwise be unavailable to a team with a private owner. These synergies should increase the financial efficiencies of corporately owned teams, which should translate to success on the field, as measured by on-the-field efficiency.

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