Governance of Franchising Networks, Cooperatives, and Alliances: An Introduction

Ehrmann, Thomas; Cliquet, Gérard; Hendrikse, George; Windsperger, Josef

doi:10.1002/mde.2577

Cited by 3 publications

(1 citation statement)

References 56 publications

(65 reference statements)

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“…The hot research topic related to franchising is the ownership, that is, the organizational structure of the franchising systems. While the focus of early research has generally been on whether the franchising system or the ownership system should be preferred (Oxenfeldt and Kelly, 1968;Caves and Murphy, 1976;Rubin, 1978), later studies switched the focus on the integration of the two systems, and how these two options should be allocated within a franchising system (Bradach, 1997, Ehrmann et al 2013, Meiseberg 2013, Perdreau et al 2015. Consequently, transaction cost analysis and agency theory have become the most important tools for comparative analyses on the alignment of interests and auditing/monitoring costs (Brickley and Dark, 1987).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Strategic and Contractual Dynamics in Franchise Systems: An Analysis on Spanish Food and Beverage Industry

Ardoğan

2021

Ekonomi İşletme Ve Maliye Araştırmaları Dergisi

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This study aims to address strategic and contractual dynamics of franchising, in consideration of arguments of transaction cost theory and agency theory. By using pooled cross-sectional data on a sample of Spanish food and beverage franchise systems of year 2021, gathered from Guia de Franquicias manual, exploratory analyses on the effect of franchisors' age and total size on their proportion of franchised units are conducted as a first step. Furthermore, the effects of characteristics of a franchise system -its age, total size, origin country and proportion of franchised units, on its franchising contract's financial determinantslevel of initial investment, entry fee, royalty rate and advertising rate, are hypothesized and analyzed. Proportion of franchised units' correlations with both age and total size characteristics are found to be inverse U-shaped. By applying multiple regression method, it is shown that none of franchising characteristics, age, total size, being foreign and its proportion of franchised units, play a significant role on level of royalty rates, but their effects on rates are significant, except total size. Moreover, it is proven that being a foreign franchisor also has a positive effect on the levels of initial investment and entry fee.

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Section: Theoretical Backgroundmentioning

confidence: 99%

Strategic and Contractual Dynamics in Franchise Systems: An Analysis on Spanish Food and Beverage Industry

Ardoğan

2021

Ekonomi İşletme Ve Maliye Araştırmaları Dergisi

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In search of corporate governance in franchising

Koch

Ludvigsson-Wallette

Nilsson

2020

Journal of Marketing Channels

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Farmer organizations in China and India

Huang¹,

Vyas

Liang³

2015

China Agricultural Economic Review

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Purpose -Agriculture sectors in China and India are going through rapid changes. There is a shift in demand pattern, significant changes in the supply chain, greater competition due to opening up of the domestic and external markets and fuller integration with rest of the economy. These developments have impacted traditional agriculture and its institutional underpinning. Latter are being transformed and new institutions are coming into existence. The paper aims to discuss these issues. Design/methodology/approach -This paper discusses the changes in economy and the agricultural sector, explores institutional responses in terms of various producer organizations in the two countries, and examines their adequacy for the coming phase of agricultural development in China and India. Findings -The co-existence of various farmer organizations will sustain for a long period in both China and India. Overall, they have benefitted agriculture producers, and more particularly the surplus generating farmers. However, the incompatibility between these and the vast and growing small farm sector is not disappearing. Next set of institutional reforms should address this critical question of "reaching the unreached." Originality/value -China and India are the world's two largest countries in terms of population as well as agricultural population. They share a lot of common features. This paper discusses the changes in agricultural sector, explores institutional responses in terms of farmer organizations, and examines their adequacy for the coming phase of agricultural development in China and India, which has never been seen before.

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Governance of Franchising Networks, Cooperatives, and Alliances: An Introduction

Cited by 3 publications

References 56 publications

Strategic and Contractual Dynamics in Franchise Systems: An Analysis on Spanish Food and Beverage Industry

Strategic and Contractual Dynamics in Franchise Systems: An Analysis on Spanish Food and Beverage Industry

In search of corporate governance in franchising

Farmer organizations in China and India

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