Economic rents in franchising: Do they exist?

Begoña López-Fernández and Susana López-Bayón

Economics Letters, 2011, vol. 113, issue 2, 195-198

Abstract: This work demonstrates the very existence of economic rents in franchising using, for the first time, the franchisees’ actual financial statements. This finding makes franchising more appealing for applicants and supports the hypothesis that rents are efficient devices to motivate franchisees.

Keywords: Franchising; Economic rents; Monitoring; Entrepreneurship (search for similar items in EconPapers)
JEL-codes: D23 L14 L80 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:113:y:2011:i:2:p:195-198

DOI: 10.1016/j.econlet.2011.05.031

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