Impact of Socioeconomic Values Collaboration on Performance in Franchising
Document Type
Article
Publication Date
7-2023
Publisher
Elsevier
Source Publication
Journal of Business Research
Source ISSN
0148-2963
Original Item ID
DOI: 10.1016/j.jbusres.2023.113877
Abstract
Franchises exist within cultures and societies that establish distinct socioeconomic beliefs, values, opportunities, and threats, all of which can affect firms’ operational success. Disagreements between franchisees and franchisors about such social or economic issues potentially disrupt their cooperative equilibrium, whereas collaborations that prioritize shared socioeconomic values may facilitate successful long-term relationships. Using primary data, gathered through a survey of U.S. franchisees, the authors test a proposed model of franchisee performance. The structural equation modeling results reveal that socioeconomic values–based collaborations indirectly enhance performance, through their effects on customer relationship management cooperation and franchisor idiosyncratic investment. Control of local marketing mix decisions by the franchisee provides positive moderating effects.
Recommended Citation
Dubey, Vivek K.; Matthes, Joseph M.; and Saini, Amit, "Impact of Socioeconomic Values Collaboration on Performance in Franchising" (2023). Marketing Faculty Research and Publications. 308.
https://epublications.marquette.edu/market_fac/308
Comments
Journal of Business Research, Vol. 162 (July 2023). DOI.