@article{7bfb61e8551c42c6b465fbdd9f1662e2,
title = "Time will tell: interaction effects of franchising percentages and age on franchisor mortality rates",
author = "Dobbs, {Michael E.} and Boggs, {David J.} and Marko Gr{\"u}nhagen and Palacios, {Laura Lucia} and Flight, {Richard L.}",
note = "Drawing from franchising and organizational ecology literatures, we hypothesize that franchising provides benefits to franchisors by addressing issues of adverse selection, moral hazard, holdup, obsolescence, and senescence. We assert that, over time, these benefits increase such that the more a franchise chain utilizes franchisees rather than company-owned outlets, the greater the franchising benefits accrue to the franchisor.",
year = "2014",
month = sep,
day = "1",
doi = "10.1007/s11365-012-0245-0",
language = "American English",
volume = "10",
journal = "International Entrepreneurship and Management Journal",
}