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This article provides evidence on the determinants of the compensation arrangements used in franchise relationships. While the empirical literature has studied two of these compensation arrangements – the royalty rate and the up-front franchise fee – this work expands the analysis to another...
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flow (DCF)-based profits method, should be the preferred method of valuation when valuing specialised property. Secondary … literature on the profits method of valuation and its application to specialised properties, specifically a DCF-based approach … qualitative approach is followed in the research as broad principles are extracted from the valuation reports as implications and …
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