American college football is a multibillion-dollar industry for the 130 schools that play at the highest level. College football is unique in that it must recruit student athletes, unlike high school or pro football. An entire multimillion-dollar industry has developed to provide recruiting...

Research question: In 2010, the governing body of European football, UEFA, approved “Financial Fair Play” regulations. Designed to encourage financial discipline, promote stability and foster competitive balance, they focus on a financial breakeven constraint. We analyse the impact of such...

Given the recent importance that sport organizations, academics, and the public have placed on environmental sustainability this article introduces the study of ecological economics — founded upon Nicholas Georgescu-Roegen's application of thermodynamics to economics — to legal perspectives...

The initial reason for writing this essay was to provide the background and a derivation of the IR quanto adjustment, as a mean of expressing the Hull-White dynamics of foreign currency interest rates under a domestic risk-neutral measure. However, one thing led to another, and the essay ended...

AbstractPurpose – The aim of this study is to examine the perceptions of consumers on Islamic banking and financein Pakistan. Islamic finance is an emerging phenomenon, and its survival depends on the availability,affordability and awareness. This paper attempts to fill the gap in the...

AbstractResearch Question: Does the introduction of Key Audit Matters (KAMs) increase audit quality and reduce agency cost associated with it? Does the introduction of KAMs decrease Earnings Management (EM) and agency cost associated with it?Motivation: There have been many studies in the past...

The BSM Formula can be derived according to various generic approaches, including a simple binary taxonomy (T) regarding use and not of the BSM Equation as a partial differential equation (PDE) as an intermediate step. Namely, (T1) using the PDE and (T2) not using the PDE. While Wurts (2020 BSM,...

Paris Saint-Germain, one of France's top soccer clubs, was bought by Qatar Sports Investments (QSI) in 2011. Since then the club's expenditure has risen precipitously as have its victories. In this paper we ask whether this represents value for money. We find in fact, that the efficiency of PSG...

In this paper, the main objective is to examine whether CEO characteristics have an impact on firm performance. Does CEO’s age, gender, compensation, or ownership influence return on investment? The data consists of 19868 observations that only include firms on the S&P 500 between the period...

I respond to Bradbury’s reply to my original June 2022 report to the Braves on Truist Park and The Battery. While I acknowledge that several observations by Bradbury are reasonable and may result in modest downward adjustments in some of my net present value estimates, I argue and illustrate...