The Effect of Contract Regulation on Franchising

被引：0
|
作者：
Roider, Andreas [1 ]
机构：
[1] Heidelberg Univ, Dept Econ, D-69115 Heidelberg, Germany
来源：
JOURNAL OF INSTITUTIONAL AND THEORETICAL ECONOMICS-ZEITSCHRIFT FUR DIE GESAMTE STAATSWISSENSCHAFT | 2012年 / 168卷 / 01期
关键词：
D O I：
10.1628/093245612799439999
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Previous work on the regulation of termination clauses in franchise contracts has ignored the ability of parties to contract around state law. Using data on two national fast-food restaurants, we find that Washington, D.C.'s termination restriction which did not restrict choice-of-law provisions had little systematic effect on business practice, while Iowa's termination restriction which did prohibit choice-of-law provisions had a large negative effect on franchising. (JEL: D86, K12, K20, L14)
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页码：58 / 61
页数：4
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