• An empirical investigation of governance structures in the hotel industry 

      Dahlstrom, Robert; Haugland, Sven Arne; Nygaard, Arne; Rokkan, Aksel Ivar (Working paper, Working paper, 2002-11)
      The study investigates alternative governance forms in the hotel industry. We analyze the choice among independently owned firms, voluntary chains, franchising, and vertically integrated chains. Based on agency theory, we ...
    • On the economic geography of dual distribution - The case of McDonald’s in Germany 

      Freiwald, Nisa E.; Juranek, Steffen; Walz, Uwe (Discussion paper;14/19, Working paper, 2019-10-29)
      We analyze the allocation of ownership in a franchise system by focusing on location-specific characteristics of the outlets. This study uses a comprehensive data set on McDonald’s restaurants in Germany to investigate the ...