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Based on the informativeness principle of the principal agent model, we claim that franchisees are not such an expensive financial tool as has been argued in the literature because their compensation (return) is more efficiently designed: it directly depends on variables which are under franchisees' control.
Similar(59)
It sends the wrong boys away, and some of them become stars elsewhere with no compensation returning to the club.
His compensation returned to a more modest $2.5 million last year.
We're honour-bound to pay them compensation and return those who want to go back.
In the meantime, the public has little sympathy for bankers expecting compensation to return to previous levels.
One of their problems is they have been asking for unreasonable compensation in return for this pick.
Reopening the fund would allow them to claim compensation in return for abandoning legal action, Mr. Cardozo noted.
Orlando, which wanted to keep McGrady, lost O'Neal to free agency in 1996 and received no compensation in return.
Compensation, the return of refugees to their homes and the appointment of a new vice-president for Darfur are all, apparently, on the table.
On Palestinian refugees, the plan suggests financial compensation and return to the state of Palestine, not Israel, with "mutually agreed-upon symbolic exceptions" allowed into Israel.
Some observers criticized the Mets after Jose Reyes walked away as a free agent after the 2011 season, because the team received only draft-pick compensation in return.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com