The regulation of franchising in the new global economy

Elizabeth Crawford Spencer, Bond University

Article comments

Citation only.

Spencer, E. C. (2010). The regulation of franchising in the new global economy. Cheltenham, United Kingdom: Edward Elgar Publishing Limited.

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2010 HERDC submission.  FoR Code: 180106

© Copyright Elizabeth Crawford Spencer, 2010

Abstract

This unique study surveys franchise-specific legislation worldwide as a starting point for a thorough examination and analysis the role of both private and public regulation of the sector in the context of current theoretical approaches to regulating contractual relationships. The book concludes that properly calibrated regulation can minimize inefficient allocations of power and risk and lead to maximum economic and social benefits by promoting the development of small business, enabling the growth of entrepreneurial skills, and facilitating economic well-being and independence among SMEs.