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4.6. Satisfaction→conflictAccording to relational exchange theory, franchisee satisfaction with their franchise relationship advances the potential for franchisee cooperation with their franchisor. This is attributable, in part, to the role of satisfaction in reducing conflict that could otherwise result in deteriorating relationships and reciprocity (Lewis and Lambert, 1991; Spinelli and Birley, 1996). Coupled with the costly consequences of litigation resulting fromthe breaching of contractual policies, franchisee satisfaction relies on perceived franchisor adherence to relational norms and on the economic consequences of the franchisor–franchisee relationship (Martin, 1991). In franchise relations, economic satisfaction may be presumed to largely shape overall satisfaction, since the relationship basically hinges on perceptions of equity in the distribution of resources (profits). Consistent with these notions, a meta-analysis of channel studies (Geyskens et al., 1999) found that satisfaction (including favorable partner perceptions in the relationship
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