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Many successful franchise chains directly own a positive fraction of stores - a structure referred to as plural form. We propose that this ownership structure is chosen as a commitment not to expropriate franchisees. The theoretical model is based on an empirical analysis of contract and...
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This artice presents new decision models for franchising, and optimal conditions for franchising. Franchising has … become a major business model (particularly in the retailing industry) and the decision to franchise, and the associated … franchising terms can have significant impact on company growth and survival. The article is mainly theoretical and relies on …
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