Abstract
The fundamentals of franchising have changed dramatically in the 21st century. The complex new franchising world includes hitherto unknown stakeholders; venture capitalists, listed companies and liquidators. It positions franchisees as consumers to a greater extent than ever before, well removed from their franchisor and its corporate governance obligations. The low hanging legal fruit has been picked in franchising. This chapter is a call to re-examine assumptions and respond to the new franchising.
Keywords
Corporate Governance Venture Capitalist Consumer Policy Productivity Commission Franchise System
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Copyright information
© Springer Science+Business Media New York 2013