在全球商業市場上,連鎖加盟已成為經營商業行為最重要的方法之一。其中,美國是連鎖加盟公司最早的萌芽地。而連鎖加盟經營的型態通常包括,公司直營連鎖和加盟連鎖。理論上,加盟主應該會依據績效選擇最適合其的經營型態,然而,實務上,這兩種經營方式各有其優缺點,也都各有連鎖加盟總公司採用。因此,探討影響美國連鎖經營型態直營與加盟選擇的因素,成為本研究主要研究的問題。 在研究方法上,本研究將同時考慮各個廠商在不同時點的表現,並選擇汽車業、餐飲業及零售業三個產業來對連鎖加盟型態的選擇做動態的研究。且由於因變數為加盟家數,為一計數資料 ( count data ),故將使用Poisson Regression與Negative Binomial Regression做進一步的驗証。 結果發現:與「加盟家數」呈現正向相關的變數有「原始投資成本」、「經營年數」、「加盟年數」與「規模」;與「加盟家數」呈現負向相關的變數有「海外投資經驗」與「淨值」,其中「海外投資經驗」與假說不符;「權利金」與「變現力」則與「加盟家數」沒有明確的關係。此外「加盟金」與「加盟家數」存在非線性關係。
One important stream of franchising research seeks to explain why franchisors choose to franchise some units while maintaining company-owned over others. The study is to combine the various theoretical explanations to provide a general model of the franchisor’s decision to expand through franchised versus company-owned. Using panel data regression analysis on U.S. franchisors over the 1998-2001 period, this study tests the effects of initial investment, franchise fee, royalty rates, franchisor’s age, franchising age, size, foreign experience, net worth, and cash liquidity on the number of franchised units. However, because the number of franchised units is count data, which means the dependent variable is non-negative integer, an attempt is to use negative binomial regression to fit the model better. Our major findings are: ( 1 ) initial investment, franchisor’s age, franchising age and age are positively related to the number of franchised units. ( 2 ) net worth is negatively related to the number of franchisied units. ( 3 ) franchise fee is U-shaped related to the number of franchised units.