In search of corporate governance in franchising |
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Authors: | Christopher von Koch Martin Ludvigsson-Wallette Ola Nilsson |
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Affiliation: | 1. School of Business and Economics, Linnaeus University, V?xj?, Swedenchristopher.von.koch@lnu.se;3. School of Business and Economics, Linnaeus University, V?xj?, Sweden |
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Abstract: | AbstractA firm’s governance structure and business model might explain the firm’s failure or success. Franchising is a business model that has not received much attention within the corporate governance (CG) literature even though it obviously brings several unique CG challenges. Therefore, we review articles at the interface of CG and franchising. We identify and thematize the literature in four focus areas, each with a different relationship to CG: 1) traditional CG, 2) governance challenges unique to franchising, 3) governance modes, and 4) contracts. We find that the literature largely ignores the traditional view of CG when examining many aspects of franchising. We also find that the franchising literature covers governance topics when discussing governance modes, which provides a basis for developing CG theories. Altogether, our findings open a promising avenue for future research that incorporates CG into studies of franchising. |
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Keywords: | Corporate governance franchising business model review |
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