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Record W3031277443

Convergence and Divergence in Stadium Ownership Structures

2020· article· en· W3031277443 on OpenAlexaboutno aff
Robert Sroka

Bibliographic record

VenueThe Institutional Repository at DePaul University (DePaul University) · 2020
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic Theory and Institutions
Canadian institutionsnot available
Fundersnot available
KeywordsStadiumDivergence (linguistics)Convergence (economics)BusinessMathematicsComputer scienceEconomicsGeometryEconomic growthLinguistics
DOInot available

Abstract

fetched live from OpenAlex

In the broader business law literature, much has been written on the supposed convergence trend of corporate governance practices. Yet this academic discussion has barely extended to the professional sports context and in the instances where professional sports governance has been at issue, stadiums and stadium ownership have not been the subject of analysis. With stadium construction and renovation projects regularly running into the hundreds of millions or billions of dollars, and ongoing stadium operations and debt repayments on such facilities often exceeding tens of millions each year, stadium governance is a significant aspect of business and corporate governance worth illuminating. This article aims to contribute to the closing of this literature gap.Although there are many prospective paths of inquiry, this study focuses on stadium ownership structures in four wealthy Anglosphere jurisdictions with a substantial professional sports and stadium presence: England, the United States, Canada, and Australia. Beginning with the baseline of the English Premier League as a proxy for England, and continuing with a comparative examination primarily focused on the National Football League (NFL), Major League Soccer (MLS), Canadian Football League (CFL), Australian Football League (AFL), and A-League, this study evaluates 114 stadium ownership structures. After a literature review on corporate governance convergence trends, stadium finance, and motivations for stadium construction, I move to a descriptive overview of the stadium holding structure data set. This is followed by the core discussion of a number of legal influences on stadium ownership as well as the relationship of stadium ownership to club controlled ancillary real estate development.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.829
Threshold uncertainty score0.953

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.001
Science and technology studies0.0010.001
Scholarly communication0.0000.001
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.027
GPT teacher head0.165
Teacher spread0.138 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations1
Published2020
Admission routes1
Has abstractyes

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