Download or read book Dual Distribution in Franchising written by Nancy T. Gallini and published by . This book was released on 1991 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dual Distribution and Intangible Firm Value written by Raji Srinivasan and published by . This book was released on 2006 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dual distribution systems where firms simultaneously use vertical integration and market governance are widely used across diverse marketing contexts (e.g., restaurants, retailing, and industrial selling). A prominent example of dual distribution includes business format franchising, where firms, the franchisors, license operation of some of its units to franchisees while simultaneously owning and operating some units themselves. Despite the widespread prevalence of dual distribution, there are few insights on their performance implications. In this paper, I examine the relationship between a firm's dual distribution strategy and its intangible value. Franchising in restaurant chains serves as the empirical context for the study.I propose that a firm's dual distribution strategy will affect its intangible value both independently and jointly with a set of firm characteristics. I consider the firm's age, the scope of its vertical integration, advertising, financial leverage, and financial liquidity as firm characteristics influencing the relationship between dual distribution strategy and intangible value. I measure the firm's dual distribution strategy by the proportion of its franchised units to its total units and intangible value by its Tobin's Q. I estimate the proposed model using panel data on 55 publicly-listed U.S. restaurant chains for the period 1992-2002. Unobserved firm heterogeneity is accommodated using latent class regression analysis. Results support a four segment model. Dual distribution increases intangible value for some firms, but decreases intangible value for others, both independently and, in conjunction with other firm characteristics.
Download or read book Franchising Externality and Dual Distribution written by Antony W. Dnes and published by . This book was released on 1994 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact Upon Small Business of Dual Distribution and Related Vertical Integration written by United States. Congress. House. Select Committee on Small Business and published by . This book was released on 1963 with total page 2318 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FRANCHISE SYSTEMS written by Michael J. O'Hara and published by . This book was released on 1986 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dual Distribution written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly and published by . This book was released on 1966 with total page 1390 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact Upon Small Business of Dual Distribution and Related Vertical Integration written by United States. Congress. House. Select Committee on Small Business and published by . This book was released on 1963 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Franchising written by Harold Brown and published by Law Journal Press. This book was released on 2021-12-28 with total page 1250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers legal compliance with federal and state contracts, antitrust and disclosure laws, protective advice for franchisor's counsel, the landlord in franchising, and the RICO statute.
Download or read book Franchise Legislation written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly and published by . This book was released on 1968 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Franchise Legislation written by United States. Congress. Senate. Judiciary and published by . This book was released on 1968 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Incomplete Contracting Model of Governance Structure Variety in Franchising written by G. W. J. Hendrikse and published by . This book was released on 2013 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the purpose of explaining governance structure variety in franchising, we explore the impact of governance structure on the incentives to invest in specific assets for the franchisor as well as the distributors. Wholly-owned, wholly-franchised, and mixed (dual distribution) franchise systems are considered. Circumstances are identified when a dual distribution governance structure uniquely allocates efficient ownership over assets. Whether dual distribution benefits are realized in a franchise or a cooperative franchise depends on whether most value is added upstream or downstream. A disadvantage of a dual distribution system is the deterioration of the investment incentives of the party having no authority, i.e. either the company-owned outlet manager in a traditional franchise or the franchisor in a cooperative franchise. A wholly-franchised system may therefore be efficient even when unique dual distribution benefits are present. A necessary condition for the efficiency of a dual distribution governance structure is a positive systemic effect, not the value of the brand name or location (or other) differences between outlets.
Download or read book Legal Aspects of Selling and Buying written by and published by McGraw-Hill Companies. This book was released on 1991 with total page 1066 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook of Research on Distribution Channels written by Charles A. Ingene and published by Edward Elgar Publishing. This book was released on 2019 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distribution channels are the most complex element of the marketing mix to fully grasp and to profitably manage. In this Handbook the authors present cutting-edge research on channel management and design from analytical, conceptual, and empirical perspectives. The breadth of this Handbook makes it appropriate for use in a doctoral course on distribution channels, or as a knowledge-broadening resource for faculty and researchers who wish to understand types of channels research that are outside the scope of their own approach to distribution.
Download or read book Exclusive Territorial Franchise Act written by United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Commerce and Finance and published by . This book was released on 1974 with total page 966 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exclusive Territorial Franchise Act Hearing Before the Subcommittee on Commerce and Finance of 93 2 June 27 28 July 1 and 2 1974 written by United States. Congress. House. Committee on Interstate and Foreign Commerce and published by . This book was released on 1974 with total page 970 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Annual Franchise and Distribution Law Developments 2009 written by Joel R. Buckberg, Jon P. Christiansen and published by American Bar Association. This book was released on 2009 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Distribution Problems Affecting Small Business First session pursuant to S Res 40 Franchising agreements March 2 3 and 4 1965 written by United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly and published by . This book was released on 1965 with total page 1696 pages. Available in PDF, EPUB and Kindle. Book excerpt: