Purpose: To analyze the effect of corporate real estate asset ownership on the performances of franchise organizations. Design/methodology/approach: Using data on all available US public franchise companies, we measure the effect of corporate real estate ownership on the risk and return...

This paper extends the growing literature on the role of corporate real estate (CRE) within the corporate strategy context and addresses the need to identify the degree to which corporate real estate can be classified, and ultimately more efficiently exploited, as a strategic enterprise...

This paper examines the performance effects of corporate real estate (CRE) ownership for franchise restaurant companies. Although several studies have investigated the performance effects of franchise firms (Leleux et al., 2003; Aliouche and Schlentrich, 2009; Hsu and Jang, 2009; Madanoglu et al., 2011;...

This paper examines the performance effects of corporate real estate (CRE) ownership for franchise restaurant companies. Although several studies have investigated the performance effects of franchise firms (Leleux et al., 2003; Aliouche and Schlentrich, 2009; Hsu and Jang, 2009; Madanoglu et al., 2011;...

With the growing strains on public resources, many governments in recent years have turned to the private sector for infrastructure project financing. The special purpose vehicles (SPVs) taking such project usually has a 2 stage business model: a construction stage followed by an operating...

The purpose of this paper is to analyze the effect of corporate real estate asset ownership on the performances of franchise organizations. Using data on all available US public franchise companies, we measure the effect of corporate real estate ownership on the risk and return characteristics...