Are franchises really more viable? Evidence from loan defaults
Abstract
• Likelihood of loan defaults is higher for franchisees than for non-franchisees. • Increased risk of franchisees is consistent through most sectors and time horizons. • Franchising is not a less risky form of business organization for entrepreneurs. This study examines whether franchisees are less likely to default on loans compared to counterpart independent SMEs. Findings from analyses of SME loan defaults between 2001 and 2015 suggest that...
Paper Details
Title
Are franchises really more viable? Evidence from loan defaults
Published Date
Sep 1, 2021
Journal
Volume
133
Pages
23 - 33
Citation AnalysisPro
You’ll need to upgrade your plan to Pro
Looking to understand the true influence of a researcher’s work across journals & affiliations?
- Scinapse’s Top 10 Citation Journals & Affiliations graph reveals the quality and authenticity of citations received by a paper.
- Discover whether citations have been inflated due to self-citations, or if citations include institutional bias.
Notes
History