As franchising has increased its visibility and impact on the business landscape, it has
attracted the attention of a wide variety of researchers from different academic backgrounds …

There is a large and fragmented literature that examines the nature of franchising. This
paper aims to collect all the empirical evidence on the factors that make franchising work …

Background: Over 70% of small to micro and medium enterprises (SMMEs) in South Africa
fold within the first 5–7 years of inception and there is generally no agreement among …

Although evidence is equivocal and often contradictory, prospective business founders are
generally advised to develop formal plans of their proposed ventures. Consistent with this …

This study proposes that hybrid organizational forms provide a way to overcome the agency
problems of adverse selection and moral hazard in selecting, assimilating, and monitoring …

The causes of failure are central to entrepreneurship research. This study extends agency
and resource‐based logic to explain how established franchisors affect franchisee failure …

A study of 439 franchisors was conducted to identify factors influencing changes in their
propensity to franchise. Consistent with agency theory, franchisors with wide multinational …

COMPANY OWNERSHIP* Page 1 FRANCHISDR STRATEGY: A PROPOSED MODEL AND
EMPIRICAL TEST OF FRANCHISE VERSUS COMPANY OWNERSHIP* by James G. Combs …

An analysis of survival rates among franchise and independent small business startups over
the 1984-87 period is presented. Data indicate that franchise startups exhibit both high rates …

Despite the call for increased theoretical diversity in franchising research, the incorporation
of organizational theory into this literature has been minimal. In response, we examine how …