Agency Problem

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McDonald’s Corporate Company Profile |About McDonald's: [pic] | |McDonald's is the leading global foodservice retailer with more than 30,000 local restaurants serving 52 million people in more than 100 countries each | |day. More than 70% of McDonald's restaurants worldwide are owned and operated by independent local men and women. | |McDonald's is one of the world's most well-known and valuable brands and holds a leading share in the globally branded quick service restaurant segment of | |the informal eating-out market in virtually every country in which we do…show more content…
Since its founding in 1955, McDonald’s has sold well over 100 billion | |hamburgers. McDonald’s prepares more than 6.8 million pounds of French fries every day. | | | |Approximately 85% of McDonald’s restaurant businesses world-wide are owned and operated by franchisees. All franchisees are independent, full-time | |operators. | |McDonald’s was named Entrepreneur’s number-one franchise for 1997. | | | McDonald's is the largest food service company in the world. The company regards itself as the leading global food service retailer. With more than

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