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Many successful franchise chains directly own a positive fraction of stores --- a structure referred to as plural form. We propose that this ownership structure is chosen as a commitment not to expropriate franchisees. The theoretical model is based on an empirical analysis of contract and...
Persistent link: https://www.econbiz.de/10004968441
The co-existence of franchised and company-owned stores influences the dynamic of innovation in franchise systems as well as the balance of power between franchisees and their chain. We report on case studies of five franchise system. We focus on how innovation and authority are interrelated in...
Persistent link: https://www.econbiz.de/10005489311
Many successful franchise chains directly own a positive fraction of stores - a structure referred to as plural form. We propose that this ownership structure is chosen as a commitment not to expropriate franchisees. The theoretical model is based on an empirical analysis of contract and...
Persistent link: https://www.econbiz.de/10003782302
decisions and growth of principals, in the context of franchising. We find that a 30 percent decrease in average … collateralizable housing wealth in a region delays chains' entry into franchising by 0.28 years on average, 9 percent of the average …
Persistent link: https://www.econbiz.de/10010202908
, in the context of franchising. We find that a 30 percent decrease in average collateralizable housing wealth in an area … is associated with a delay in chains' entry into franchising by 0.33 years on average, or 10 percent of the average …
Persistent link: https://www.econbiz.de/10011491589
decisions and growth of principals, in the context of franchising. We find that a 30 percent decrease in average … collateralizable housing wealth in a region delays chains' entry into franchising by 0.28 years on average, 9 percent of the average …
Persistent link: https://www.econbiz.de/10013073632
Plural form franchising is modeled from an incomplete contracting perspective. Complete franchising is the unique …. Not locational or other differences between units are necessary for the emergence of plural form franchising, but positive …
Persistent link: https://www.econbiz.de/10010837554
This paper combines 530 digitized franchising contracts at the franchise chain level with employer-identified job ads … from Burning Glass Technologies to establish stylized facts about franchising labor markets and their relation to the …-poaching Clauses, among many others, to a low-wage workforce. A legal regime that favors the franchising business model incentivizes …
Persistent link: https://www.econbiz.de/10014081179
Persistent link: https://www.econbiz.de/10011666163
IT outsourcing contracts are often discontinued in favor of other alternatives (returning to in-house development, or …
Persistent link: https://www.econbiz.de/10014045363