Article1998

Making new franchise systems work

208 citations0/0 files storedStrategic Management Journal

No readable copy stored yet — this record is metadata only.

Franchising Strategies and Performance Corporate Finance and Governance Entrepreneurship Studies and Influences

Abstract

This paper argues that new franchise systems are more likely to survive if they are structured to economize on agency costs. After controlling for industry effects, and firm age and size, this paper shows empirical support for six of nine hypotheses about the linkage between mechanisms for economizing on agency costs and the survival of new franchise systems. © 1998 by John Wiley & Sons, Ltd.

Citations in this library

Stored only when both papers are in the corpus — 208 citations exist upstream.

References

1976Theory of the firm: Managerial behavior, agency costs and ownership structure 1987The Economic Institutions of Capitalism 1989Agency Theory: An Assessment and Review 1979Moral Hazard and Observability 1978Vertical Integration, Appropriable Rents, and the Competitive Contracting Process 1997Economic Analysis of Property Rights 1992Agency Theory and Franchising: Some Empirical Results 1987The choice of organizational form The case of franchising

Cited by

2003The Individual-Opportunity Nexus 2006Antecedents and effects of free riding in the franchisor–franchisee relationship 2008Entrepreneurial Failure: The Case of Franchisees*2008Opportunism, knowledge, and the performance of franchise chains 2015All Things Great and Small: Organizational Size, Boundaries of the Firm, and a Changing Environment 2000Investments to create bargaining power: the case of franchising 2014A 22 year review of strategic alliance research in the leading management journals 2006The Effects of New Franchisor Partnering Strategies on Franchise System Size

Imported from OpenAlex (CC0) — nothing here is generated.