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Corporate Governance

In: Franchisees as Consumers

Author

Listed:
  • Jenny Buchan

    (University of New South Wales)

Abstract

Although franchisees function like a division of a corporation, they do not receive the benefit of the checks and balances the law has built into corporations through corporate governance principles. In this chapter, the OECD Principles of Corporate Governance and the eight basic corporate governance principles for public listed corporations identified by the Australian Stock Exchange are explored for the contribution they could make to the governance of a franchise system. Conflict of interest, franchisor succession planning and the corporate governance of listed franchisors are pursued as specific lines of inquiry.

Suggested Citation

  • Jenny Buchan, 2013. "Corporate Governance," Springer Books, in: Franchisees as Consumers, edition 127, chapter 0, pages 101-109, Springer.
    • Handle: RePEc:spr:sprchp:978-1-4614-5614-8_7
    DOI: 10.1007/978-1-4614-5614-8_7
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