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Targeting Managerial Control : Evidence from Franchising

Lafontaine, Francine - 2001

Using an extensive longitudinal data set on franchising firms, we show that established franchisors manage their …

Persistent link: https://www.econbiz.de/10012470303

International Franchising : Evidence from US and Canadian Franchisors in Mexico

Lafontaine, Francine - 2001

empirical literature on franchising, mostly due to data limitations. We exploit a newly assembled data set that allows us not … that this tendency is probably best explained by the same arguments used in the franchising literature to explain contract …

Persistent link: https://www.econbiz.de/10012470547

Least-Present-Value-of-Revenue Auctions and Highway Franchising

Engel, Eduardo M.R.A. - 1998

In recent years several countries have started massive highway franchising programs auctioned to private firms. In …

Persistent link: https://www.econbiz.de/10012472124

Incentive Contracting and the Franchise Decision

Lafontaine, Francine - 1998

We examine theoretical predictions and econometric evidence concerning franchise contracting and sales-force compensation and suggest a number of factors that ought to influence the contracts that are written between principles and agents. For each factor, we construct the simplest theoretical...

Persistent link: https://www.econbiz.de/10012472263

The Characteristics of Multi-Unit Ownership in Franchising : Evidence from Fast-Food Restaurants in Texas

Kalnins, Arturs - 1996

One empirical phenomenon that has received little attention in the franchising literature is the tendency for … individual franchisees to own not just one but several units of a given franchised chain. Most current theories of franchising … franchising is not a strategic delegation device, and that the location of units is not determined by the franchisee's desire to …

Persistent link: https://www.econbiz.de/10012472969

The Dynamics of Franchise Contracting : Evidence from Panel Data

Lafontaine, Francine - 1996

to refute a number of existing theories of franchising that are based on risk-sharing, asymmetric information, and …

Persistent link: https://www.econbiz.de/10012473263

Pricing Decisions in Franchised Chains : A Look at the Restaurant and Fast-Food Industry

Lafontaine, Francine - 1995

chains in the metropolitan Pittsburgh and Detroit areas, that there is price dispersion in fast-food franchising. I then show … that the amount of price dispersion relates to the amount of franchising in a way that suggests that 1) franchisors are not …

Persistent link: https://www.econbiz.de/10012473628

Automating Response Evaluation for Franchising Questions on the 2017 Economic Census

Staudt, Joseph - 2019

Between the 2007 and 2012 Economic Censuses (EC), the count of franchise-affiliated establishments declined by 9.8%. One reason for this decline was a reduction in resources that the Census Bureau was able to dedicate to the manual evaluation of survey responses in the franchise section of the...

Persistent link: https://www.econbiz.de/10012479768

Theory and Evidence on Employer Collusion in the Franchise Sector

Krueger, Alan B. - 2018

In this paper we study the role of covenants in franchise contracts that restrict the recruitment and hiring of employees from other units within the same franchise chain in suppressing competition for workers. Based on an analysis of 2016 Franchise Disclosure Documents, we find that...

Persistent link: https://www.econbiz.de/10012452890

Government Guarantees and the Valuation of American Banks

Atkeson, Andrew G. - 2018

Banks' ratio of the market value to book value of their equity was close to 1 until the 1990s, then more than doubled during the 1996-2007 period, and fell again to values close to 1 after the 2008 financial crisis. Sarin and Summers (2016) and Chousakos and Gorton (2017) argue that the drop in...

Persistent link: https://www.econbiz.de/10012453014