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theory, risk-sharing theory, and specific knowledge theory justify the franchising decision, 2) to investigate whether …In the last few decades, franchising has become a part of everyday life in the United States. Many firms in a variety … of industries have adopted franchising as a method of doing business. Despite the importance of franchising, the …
Persistent link: https://www.econbiz.de/10009463990
fundamental issue in the accounting literature, prior studies generally focus on how performance relates to the disclosure of …
Persistent link: https://www.econbiz.de/10009482943
The renaissance of accounting-based valuation models in the 1990s has primarily been triggered by the analyses of … accounting information as at valuation date. The derivation of the so called 'other information' has not been specified by Ohlson …
Persistent link: https://www.econbiz.de/10009433705
Duration is an important and well-established risk characteristic for fixed income securities. We use recent … financial statement analysis can be used to construct superior measures of equity security risk. …
Persistent link: https://www.econbiz.de/10009477256
. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method …-experimental approach to measure differences in the risk attitudes of farmers located in highflooding risk areas versus farmers located in … low flooding risk areas is followed. Changes in flooding risk relatedbehaviour over time is analysed and marginal effects …
Persistent link: https://www.econbiz.de/10009442826
-Walrasian disequilibrium approach and describe optimizing agents. These agents use chance constraints which depict a Cash Flow at Risk approach …
Persistent link: https://www.econbiz.de/10009449067
the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …
Persistent link: https://www.econbiz.de/10009467405
ENGLISH ABSTRACT: The business format, franchising, can be defined as "the granting of a licence for a predetermined … financial return by a franchising company (franchisor) to its franchisees. The grant entitles them to make use of a complete …, p4 as cited by Altinay, L. 2004)Franchising as a business model can be seen in essence as a proven business model that …
Persistent link: https://www.econbiz.de/10009442052
In many circumstances, a principal, who wants prices to be as low as possible, must contract with agents who would like to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent bidding the lowest price (competition for the field) with...
Persistent link: https://www.econbiz.de/10009444194
This research report evaluates the critical success factors in the relationship ofmulti-national franchises as identified by authors in franchise systems.Specifically, this research seeks to validate the critical success factors in therelationship between multi-national Franchisors and...
Persistent link: https://www.econbiz.de/10009447600