Is restaurant franchising capital a substitute for or a complement to debt
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DOI: 10.1016/j.ijhm.2017.03.001
Abstract: Abstract Since Oxenfeldt and Kelly’s 1969 study, the resource scarcity hypothesis has been considered a representative theory to explain franchising motivations. Whether franchising capital is a substitute for or a complement to debt has been… read more here.
Keywords: franchising capital; substitute complement; complement debt; debt ... See more keywords
Does audit committee substitute or complement other corporate governance mechanisms: Evidence from an emerging economy
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DOI: 10.1108/maj-08-2016-1423
Abstract: Purpose The purpose of this paper is to examine the relation between audit committee (AC) and a set of other corporate governance mechanisms in one of the emerging economies, United Arab of Emirates (UAE). In… read more here.
Keywords: audit committee; governance mechanisms; substitute complement; study ... See more keywords