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Franchising Dental Practices: A Case Study in Financial Contracting

Author

Listed:
  • Peter Ziegler

    (Ernst & Whinney, Melbourne.)

  • Ian Zimmer

    (Department of Commerce, University of Queensland.)

Abstract

Previous literature has attempted to explain the existence and for M of franchising agreements by proposing agency related hypotheses. In this paper we illustrate the complexity of putting such a structure in place by using a case study of the franchising of dental practices in Australia. We use this to develop a number of hypotheses about the impact of various regulations on the development of these contractual structures.

Suggested Citation

  • Peter Ziegler & Ian Zimmer, 1989. "Franchising Dental Practices: A Case Study in Financial Contracting," Australian Journal of Management, Australian School of Business, vol. 14(2), pages 223-242, December.
  • Handle: RePEc:sae:ausman:v:14:y:1989:i:2:p:223-242
    DOI: 10.1177/031289628901400206
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    References listed on IDEAS

    as
    1. Brickley, James A. & Dark, Frederick H., 1987. "The choice of organizational form The case of franchising," Journal of Financial Economics, Elsevier, vol. 18(2), pages 401-420, June.
    2. Klein, Benjamin & Saft, Lester F, 1985. "The Law and Economics of Franchise Tying Contracts," Journal of Law and Economics, University of Chicago Press, vol. 28(2), pages 345-361, May.
    3. Smith, Richard L, II, 1982. "Franchise Regulation: An Economic Analysis of State Restrictions on Automobile Distribution," Journal of Law and Economics, University of Chicago Press, vol. 25(1), pages 125-157, April.
    4. Mathewson, G Frank & Winter, Ralph A, 1985. "The Economics of Franchise Contracts," Journal of Law and Economics, University of Chicago Press, vol. 28(3), pages 503-526, October.
    5. Rubin, Paul H, 1978. "The Theory of the Firm and the Structure of the Franchise Contract," Journal of Law and Economics, University of Chicago Press, vol. 21(1), pages 223-233, April.
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    Keywords

    FRANCHISING; FINANCIAL CONTRACTING;

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