Franchisor–Franchisee Bankruptcy and the Efficacy of Franchisee Governance
Abstract
Franchisors’ long-term viability is tied to the ongoing operations of their franchisees. To ensure the ongoing performance of franchisees, franchisors deploy multiple governance mechanisms. This study assesses how governance mechanisms deployed to enhance franchisee ability (via selection and socialization) and motivation (via incentives and monitoring) impact franchisee bankruptcy. The authors examine the individual and joint effects of...
Paper Details
Title
Franchisor–Franchisee Bankruptcy and the Efficacy of Franchisee Governance
Published Date
Dec 1, 2017
Volume
54
Issue
6
Pages
952 - 967
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