Quote:
Originally posted by KSig RC
Just to back this up . . . many teams run 'dummy' corporations to hide certain areas of profit, artificially lowering the books. Forbes magazine accounted for these in its infamous breakdown of baseball, and found that every team was making substantial dollars.
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HBS has a case study on this that we used in the class i took there last semester. i was quite surprised to read about some of the stuff that goes on and how the teams are able to hide things. it was a pretty interesting read.
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