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dc.contributor.authorDahlstrom, Robert
dc.contributor.authorHaugland, Sven Arne
dc.contributor.authorNygaard, Arne
dc.contributor.authorRokkan, Aksel Ivar
dc.date.accessioned2006-07-17T18:04:00Z
dc.date.available2006-07-17T18:04:00Z
dc.date.issued2002-11
dc.identifier.issn1503-2140
dc.identifier.urihttp://hdl.handle.net/11250/165800
dc.description.abstractThe 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 argue that the need for control over service quality, financial risk, and the market environment affect the choice of governance form. Prior agency research emphasizes alternative governance structures employed by principals given local market conditions, agent incentives, and risk preferences. We augment the established principal-agent perspective with a discussion of agent motivations to join hotel alliances. Data from 650 hotels indicate that the number of service offerings, distance to headquarters, population, population density, and hotel scale influence governance.en
dc.format.extent133948 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoengen
dc.publisherSNFen
dc.relation.ispartofseriesWorking paperen
dc.relation.ispartofseries2002:66en
dc.subjectdistributionen
dc.subjectagency theoryen
dc.subjectservices marketingen
dc.titleAn empirical investigation of governance structures in the hotel industryen
dc.typeWorking paperen


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