Using cross-sectional panel data over eleven years (2009–2019), or 1001 firm-year
observations, this study examines the relationship between capital structure and firm …

Ensuring the effectiveness of the franchise system relies on establishing an optimal
contractual relationship between the franchisor and the franchisee, which can be achieved …

In the franchising market, transactions involve franchisees paying franchisors for the right to
use their business models. In such transactions, the franchise fee functions as the …

It has become a common practice for restaurant firms to spend amounts exceeding their
earnings on share buybacks by depleting their cash reserves or even by borrowing money …

This paper introduces a spectral clustering-based method to show that stock prices contain
not only firm but also network-level information. We cluster different stock indices and …

La franquicia se ha empleado como una estrategia de expansión basada en el Know-how y
la marca, permite tanto al empresario como al franquiciante obtener un beneficio económico …

Singapore F&B companies must venture beyond Singapore for greener pastures. Venturing
overseas can be successful for many, while others have failed. The key questions are the …

Objective: This work aimed to analyze and compare how franchising theories are applied to
pre franchising decision (motivations) and to its first years of operation (effects of the …

This paper takes 24 tourism listed companies in China as the research object, based on the
panel data from 2011 to 2019, uses the super SBM model to measure the financing …

The main purpose of this study is to examine the marginal value of cash in franchise
restaurants by extending Faulkender and Wang's three cash regimes into the franchise …