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Author:Kaufman, P.
Gordon, R.
Owers, J.
Title:Alternative profitability measures and marketing channel structure: the franchise decision
Journal:Journal of Business Research
2000 : NOV, VOL. 50:2, p. 217-224
Index terms:PROFITABILITY
FRANCHISING
DECISION MODELS
Language:eng
Abstract:Analysis of marketing channel structure in general, and the decision to franchise in particular, has assumed that the decision maker is seeking to maximize the long-term economic value of the firm. In this article, the authors consider an alternative accounting-based objective function. They explore some circumstances that might lead to the use of an accounting-based objective function, including the incentive structure faced by non-owner managers, the life cycle of the firm including an impending initial public offering, and data availability considerations.
SCIMA record nr: 222576
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