haku: @author Dark, F. H. / yhteensä: 2
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| Tekijä: | Brickley, J. A. Dark, F. H. |
| Otsikko: | The choice of organizational form. The case of franchising. |
| Lehti: | Journal of Financial Economics
1987 : JUN, VOL. 18:2, p. 401-420 |
| Asiasana: | ORGANIZATIONAL DESIGN FRANCHISING ORGANIZATION |
| Kieli: | eng |
| Tiivistelmä: | Companies that franchise some units and centrally operate /"own"/ others are examined. The agency problems confronting these two organizational forms are analyzed. Testable hypotheses are developed. The empirical results support the notion that owning versus franchising reflects a trade-off among agency-related problems. The cost of monitoring store managers appears to be especially important in the own/franchise decisions. The level of repeat business and initial investment requirements per unit also appear to be important. |
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