Alon, Ilan; Elango, B. - In: International Journal of Retail & Distribution Management 46 (2018) 11/12, pp. 1193-1208
Purpose: The purpose of this paper is to examine the factors associated with franchisors going public using signaling theory. Listing on the stock market is a sign that the business concept has reached a threshold level of acceptance and success. To increase the relevance of this study to...