Perdreau, Frédéric; Anne‐Laure Le Nadant; Cliquet, … - In: Managerial and Decision Economics 36 (2015) 2, pp. 121-138
This article examines the impact of human capital intangibles on the governance structure of franchise networks (i.e., proportion of franchised outlets) and the joint impact of human capital intangibles and governance on the performance of franchisors. Agency theory focuses on the free‐riding...
