We show that maturity transformation does not expose banks to interest rate risk—it hedges it. The reason is the deposit franchise, which allows pay rates are low and insensitive market rates. Hedging franchise requires earn income also insensitive, is, lend long term at fixed As predicted by this theory, we closely match sensitivities of their expense, insulates equity from shocks. Our results...

This article presents itself as a Milky Moo Franchise Case Study and aims to establish general objective an analysis of the characteristics franchising company considering franchise startup business models. is based on problem nascent enterprises that demand choose model, which in case permeated store establishes franchise. study derived from following question: model can be presented or its ti...

This case study explores the attitudes and perceptions of franchise owner-operators in regard to their acceptance of advanced Internet innovation and technologies. Because these franchisees serve a dual role as both the decision maker and the end user of new technology and innovation, they provide a dichotomy of perspectives that yield insights into many aspects of business leadership, customer...

This paper explores the link between utilization of ambulatory care and the likelihood of rehospitalization for an avoidable reason in veterans served by the Veteran Health Administration (VA). The analysis used administrative data containing healthcare utilization and patient characteristics stored at the national VA data warehouse, the Corporate Franchise Data Center. The study sample consist...

In the public sector, tradeoffs between individual citizen concerns and the public good can be complex, since individual goals can conflict with the government’s goals for assuring equity and social welfare. This paper reports on a case study of the Integrated Non-Filer Compliance (INC) system used by the California Franchise Tax Board (CFTB). Data gathered from federal, state and municipal age...

In this article, a multimodal framework is proposed to track the character development of female characters in the Bioshock franchise. The language part of the framework focuses on appraisal analysis. The appraisal framework is applied to understand the player’s interpretation of the linguistic resources found in the characters’ utterances. The nonlinguistic part of the framework utilizes Kress...

We present an argument for changes in the franchise in which an elite split along economic interests use the suffrage to influence implemented policies. Through the influence of these policies on the character of industrialization, we analyze the effects of franchise changes on economic growth. We identify in the social structure of society an explanation for the connection between enfranchisem...

unequal bargaining power of parties to a franchise contract and their unequal access to information that may be effective in determining the consideration of a contract; has caused different legal systems impose obligations to franchisor to poise the contractual balancing. commitment to expose accurate and comprehensive pre-contractual information about all aspects related to franchise is the m...

In October 2006 the Joint Research Centre of the European Commission, namely the Community Reference Laboratory for GM Food and Feed (CRL-GMFF), received samples possibly containing Bt rice as tested by GeneScan with a “Bt 63” construct-specific method. The CRL-GMFF, as a result of the analyses conducted, suggested to the European Network of GMO Laboratories (ENGL) and to the EU enforcement lab...