The franchising researchers have called for bringing in empirical evidence from developing countries and particularly the emerging markets as many believe that the future of franchising lies in these markets. [...]our study makes an important contribution to franchising literature by presenting...

This paper examines the speed and costs of adjustment towards target capital structure choice of Nigerian firms based on the data of 115 Nigerian non-financial firms listed on the Nigerian stock exchange, for the period 1998-2012. The study employed two step system Generalized method of moment...

The purpose of this research is to see whether different wage levels in the private purchasing sector relate to the level of corruptibility. An experiment was conducted that put participants in the role of employees of a purchasing department of a multinational enterprise. The employees were...

The franchisor-franchisee relationship is governed by contracts and trust. This paper analyzes how formal (contracts) and relational (trust) governance mechanisms affected franchisor performance in a service sector franchise for the period 2008¬2015. Using the SOM method in the empirical...