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Article: Codes of ethics and international franchising: who cares?(Franchising on display: 13th annual International Franchise Expo)
- Article from:
- Franchising World
- Article date:
- April 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 International Franchise Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Today in virtually every country in the world where there is any meaningful activity in franchising there is likely to be some type of informal set of standards, usually promulgated by local franchise associations, meant to articulate commonly understood best practices in franchising. The motivation is pretty clear: by adopting standards of conduct, the association hopes to persuade several audiences that membership in the association, with the attendant pledge of adherence to a "code," provides assurance of the ethical conduct of the franchisor.
The oldest and best known is the code adopted by the International Franchise Association. Also of impressive pedigree ...