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Author:Brickley, J.A.
Dark, F.H.
Weisbach, M.S.
Title:An agency perspective on franchising
Journal:Financial Management
1991 : VOL. 20:1, p. 27-35
Index terms:FRANCHISING
CAPITAL STRUCTURE OF COMPANIES
AGENCIES
Language:eng
Abstract:Examination of agency-cost explanation of why firms franchise and related empirical tests. Cross-sectional and time-series implications. Owing versus franchising. Stock market reactions to franchise buy-backs. Three Exhibits illustrate the study.
SCIMA record nr: 93237
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