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Franchising is a contract that is not always balanced. This is due to a relationship where one can find a party … this precise contractual framework, to then go back to the definition of franchising, as well as its object; all in light …
Persistent link: https://www.econbiz.de/10010720308
preserve incentives for the franchisors to exert appropriate efforts (incentive hypothesis). We propose a new variant of the …
Persistent link: https://www.econbiz.de/10011077356
-type dispersion is an important determinant of delegation and the provision of incentives. Using a sample of convenience store chains …, we show that market-type dispersion is related to the degree of franchising at the chain level as well as the probability … of franchising a given store within a chain. Our results are robust to alternative definitions of market-type dispersion …
Persistent link: https://www.econbiz.de/10005233255
We analyze empirically the allocation of rights and monetary incentives in automobile franchise contracts. These … cost of dealer moral hazard is higher and the risk of manufacturer opportunism is lower, manufacturers enjoy more … monetary incentives to ensure such performance is provided. We also explore the existence of interdependencies between the …
Persistent link: https://www.econbiz.de/10005772089
not depended on costs, despite such an arrangement creating distorted incentives for the chain. Why? One possible answer … would create incentives for a chain to interfere with franchisee actions, thus undermining innovative behaviour and reducing …
Persistent link: https://www.econbiz.de/10005783775
Persistent link: https://www.econbiz.de/10008515384
The present article contains an analysis of differences between licensing and franchising. It is demonstrated that … models of royalty rate calculation developed for licensing should not be applied to franchising as benefits received by … licensee and franchisee are different. It is proposed to include in the model of royalty calculation the risk reduction …
Persistent link: https://www.econbiz.de/10009195460
franchising because the benefits received by a licensee and a franchisee are different. It is proposed that the risk reduction …
Persistent link: https://www.econbiz.de/10010900403
Discusses how to use franchising as a means of integrating the informal sector into mainstream economic life. …
Persistent link: https://www.econbiz.de/10010965803
. It establishes that the most popular was franchising. It determines directions of manifestation of regulation barriers …
Persistent link: https://www.econbiz.de/10010855271