Table 8.

Main constructs of international franchising

IF constructIB theoriesOperationalizationAuthors
Franchise resources and capabilities
(ownership)
Resource-based view, organizational capabilities, agency theory, upper echelons theory and signaling theoryFranchise experience, years franchising, market knowledge, firm’s or manager’s international business experience
Franchisor-franchisee relationship and trust
Franchisor network in the host market
Financial resources and capital franchise fee, franchise investment and royalty level
Know-how
Brand value, awareness and reputation
Fladmoe-Lindquist (1996), Shane (1996a), Chen and Dimou (2005), Altinay and Wang (2006), Doherty (2007, 2009), Mariz-Pérez and García-Álvarez (2009), Alon et al. (2012), Ghantous et al. (2018), Dant et al. (2016) and Baena (2018) 
Political and socio-economic environments
(location)
Institutional theory, transaction cost economics, cultural theory and agency theoryRegulatory climate
Political climate
Infrastructure
Corruption
Economic climate
GDP per capita
Industry (dummies)
Alon and Banai (2000), Sashi and Prasad Karuppur (2002), Jell-Ojobor and Windsperger (2017), Baena (2015), Hoffman et al. (2016) and Madanoglu et al. (2017) 
International franchise strategic decisions
(internalization)
Resource-based view, organizational capabilities theory and OLI paradigm transaction cost economicsInternational market entry decision and partner selection
Franchise format: master franchising, multi-unit franchising, franchised or company-owned operations and management contracts
Market adaptation/standardization
Advertising investment
Contractual arrangements
Control and monitoring format
International franchise and governance modes
Dunning et al. (2007), Doherty (2007), Dev et al. (2007), Aliouche and Schlentrich (2011), Kruesi and Zámborský (2016), Kruesi et al. (2017) and Baena (2018) 
International franchise performanceDynamic capabilities, agency theory resource-based viewFinancial performance
Financial health
Level of profits
Lee et al. (2014), Calderon-Monge and Pastor-Sanz (2017) and Ghantous et al. (2018) 

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