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The purpose of this paper was to examine the invisible hand behind a corrupt structure in professional sports. Specifically, this paper sought to explain the match-fixing phenomenon in sports from the perspective of the Code of Brotherhood (CoB, yiqi 義氣) and to address the underlying mechanisms through which illegal behaviour is generated and continuously practised, as well as the dynamics serving both individual agendas and organisational interests. Taking Taiwan's Chinese Professional Baseball League (CPBL) as a case study, the findings revealed that the origin and embodiment of CoB, the nature of CoB, and the CoB as the driver of trust illustrate how CoB functioned in and paved the way for match-fixing. The application of CoB as an emic Chinese construct helps to explain why match-fixing is conceived and realized, not just for money, but rather in the name of righteousness and loyalty. [ABSTRACT FROM AUTHOR]

Purpose: This study aims to examine the "external effect" of a migrated star player on their domestic sport industries. By exploring the new aspect of star power, this study provides important insight and critical implication to many relevant stakeholders in the professional sports league. Particularly, this is critical under the recent circumstance where the globalization of sports products becomes the central strategic issue of the world-class leagues. Design/methodology/approach: In this paper, the external effect of star players migrated from three Asian leagues (Japan, Korea and Taiwan) to Major League Baseball in the USA, the world-class baseball league, on their domestic league attendance demand was empirically investigated. For the analysis, comprehensive historical data from various reliable sources from each league were collected. Findings: The findings of the paper strongly support the external effect of migrated stars significantly existing in all the three leagues. The effect is consistent across various measurements of migrated star players. More interestingly, the effect was found to be mixed across different leagues; for example, migrated star players increases in domestic league attendance in Japan, while it decreases in Korea and Taiwan. This indicates that the external effect of migrated star players depends on the characteristics of the domestic leagues. In addition, it was found that the external effect was substantial enough to compare to the effect of major demand drivers such as team winning, competitive balance and star power. For managerial implications, this study also provides revenue projections induced by the impact of migrated star players. Originality/value: This study opens a new chapter related to star power topic and immediately calls for future studies regarding this external effect, particularly, theoretical and behavioral approaches. [ABSTRACT FROM AUTHOR]

This paper provides a comprehensive study of the causality between pay and performance for professional sports teams. By using the total salary payment, as well as the dispersion of salary payment of the baseball teams in Taiwan, we engage in a simulta- neous regression of a Granger Causality Test for each team's salary structures and their corresponding performance. Our empirical results show that the causality only runs from the dispersion of salary payment to team performance, and not vice versa. As such, both the tournament hypothesis, which emphasizes the effect of salary dispersion, and the Yankee paradox, which proposes the negative externality for a team with high payroll, are thus confirmed. The one-way causality results suggest that teams must rely more on internal wage adjustments, especially on the dispersion of salary, under the league with strict restrictions on the mobility of players. [ABSTRACT FROM AUTHOR]

Professional sport is one of the essential core industries for the development of the sports industry, divided into two categories: team and individual sports. The main development feature of professional basketball is to compete through the home-and-away system's operation and establish a good emotional foundation with the residents through the home operation, which in turn creates recognition and support for the team and enhances the profits of the basketball organization. In recent years, Southeast Asia has developed a multinational professional basketball league, which covers nine countries. The "Formosa Dreamers" professional basketball team, a joint venture of Chinese entrepreneurs and has become the first professional basketball team in Taiwan, has chosen Changhua County as the home court. This report's objective was to explore the localization and home business strategies of professional basketball games and to summarize further and analyze the characteristics of the home business strategy of Formosa Dreamers to establish the foundation for the future development of home business sports events in Taiwan. [ABSTRACT FROM AUTHOR]

With changes in the political system and the economic explosion in the Great China region, sport business has gradually grown in the past two decades. Therefore, the purpose of this paper is to examine the evolution of the sport industry in the Great China region, specifically in China and Taiwan. The findings of this paper may be used as an information source for policy making in the sport industry and for curriculum design in sport management-related academic programmes. After a thorough analysis, several major conclusions are made as follows: 1. The export of sporting goods plays an important role in improving the national economy, but domestic demand on sporting goods is relatively weak. To sustain intensive competition, R&D and branding are the keys to the future. 2. The professional sport sector is still in the infant stage and only a few sports are organised under a professional sport structure. An essential task of the sector is to train young, talented athletes, and to enhance managerial competency of professional sport organisations. 3. The promotion of other sport industrial segments, such as venue construction and sport agencies, relies upon cooperation with foreign corporations and investment incentives from the government. [ABSTRACT FROM AUTHOR]