Franchising combines the comparative advantagesof a business chain's brand recognition and economies of scale with the localdrive and knowledge of the franchisee. This book describes how and whyfranchising works and examines the economic tensions that bring conflict to thefranchisor and...

We exploit a unique outlet-level dataset from a multinational chain with over 2,500 outlets in 43 countries to investigate the effects of labor regulations that protect employment. The dataset contains information on output, materials, and labor costs at a weekly frequency over several years,...