Hybrid Organizational Arrangements and Their Implications for Firm Growth and Survival: A Study of New Franchisors.

Scotta A. Shane

doi:10.2307/256637

February 1, 1996Academy of Management Journal

Hybrid Organizational Arrangements and Their Implications for Firm Growth and Survival: A Study of New Franchisors.

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Key Points

This study aims to explore how hybrid organizational arrangements impact firm growth and survival for new franchisors.
Examined hybrid organizational forms in franchise settings
Analyzed agency problems related to manager selection and monitoring
Assessed implications for firm growth and survival
Hybrid arrangements reduced agency problems, enhancing new manager assimilation and monitoring
Firms using hybrid models showed increased growth rates compared to traditional models
Survival rates improved in firms adopting hybrid structures

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Implication

Examines firm growth and survival in new franchisors, indicating significant implications for management practices.

Abstract

This study proposes that hybrid organizational forms provide a way to overcome the agency problems of adverse selection and moral hazard in selecting, assimilating, and monitoring new managers. Con...

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Scotta A. Shane (1996) studied this question.

synapsesocial.com/papers/6a21988a153b2036cbf1e216 https://doi.org/10.2307/256637

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Hybrid Organizational Arrangements and Their Implications for Firm Growth and Survival: A Study of New Franchisors.

Key Points

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Implication

Abstract

Discussion

Cite This Study

Hybrid Organizational Arrangements and Their Implications for Firm Growth and Survival: A Study of New Franchisors.

Key Points

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Implication

Abstract

Discussion

Cite This Study

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