From the supplier: The agency and risk spreading theories of franchising provide perspectives which can be utilized to create a comprehensive model of franchisor strategy. Analysis of data gathered from a survey of franchisors yielded empirical support for hypotheses generated based on both models, while little support was obtained for hypotheses grounded on the resource scarcity theory. Larger companies were found to make more use of franchising rather than company ownership in achieving their expansion goals, while older fimrs used franchising less. Recent growth did not significantly affect franchisor decisions.
Citation Details
Title: Franchisor strategy: a proposed model and empirical test of franchise versus company ownership.
Author: James G. Combs
Publication: Journal of Small Business Management (Refereed)
Date: April 1, 1994
Publisher: International Council of Small Business
Volume: v32 Issue: n2 Page: p37(12)
Distributed by Thomson Gale
Price: $5.95