The Prevalence and Performance Impact of Synergies in the Plural Form
Version of Record online: 27 DEC 2012
Copyright © 2012 John Wiley & Sons, Ltd.
Managerial and Decision Economics
Special Issue: Governance of Franchising Networks, Cooperatives and Alliances
Volume 34, Issue 3-5, pages 140–160, April-July 2013
How to Cite
Meiseberg, B. (2013), The Prevalence and Performance Impact of Synergies in the Plural Form. Manage. Decis. Econ., 34: 140–160. doi: 10.1002/mde.2579
- Issue online: 8 APR 2013
- Version of Record online: 27 DEC 2012
Using the plural form helps franchised chains cope with the four ‘franchising imperatives’—system growth, chain uniformity, local responsiveness, and systemwide adaptation. Yet, despite the obvious importance of chain composition, empirical research on synergies in the plural form is largely absent, and insights on performance implications of the plural form are equally scarce. Consequently, with detailed data from 122 chains, this paper provides what is ostensibly the first in-depth examination of the prevalence and performance effects of synergies that franchisors actually achieve by using the plural form. The study concludes with managerial implications for governance design in franchised chains. Copyright © 2012 John Wiley & Sons, Ltd.