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Journal ArticleDOI

Effects of different dimensions of corporate social responsibility on corporate financial performance in tourism-related industries

01 Aug 2011-Tourism Management (Elsevier Limited)-Vol. 32, Iss: 4, pp 790-804
TL;DR: In this article, the authors disaggregate CSR into five dimensions based on corporate voluntary activities for five primary stakeholder issues: employee relations, product quality, community relations, environmental issues, and diversity issues.
About: This article is published in Tourism Management.The article was published on 2011-08-01. It has received 556 citations till now. The article focuses on the topics: Stakeholder & Corporate social responsibility.
Citations
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Journal ArticleDOI
TL;DR: In this article, a survey of nearly 400 enterprises showed that the main reason for acting responsibly is altruistic, although competitiveness reasons are also important, and that further implementation of these practices is necessary to achieve the full potential of competitive advantages.

375 citations

Journal ArticleDOI
TL;DR: A taxonomy of available literature on the relation of sustainability performance and firm performance, and to provide a path for future research for this field of study is presented in this paper. But the focus of this paper is not on sustainability performance assessment.
Abstract: Purpose – The aim of this paper is to present a taxonomy of available literature on the relation of sustainability performance and firm performance, and to provide a path for future research for this field of study.Design/methodology/approach – Research papers were collected on sustainability performance assessment from various journals available at different online databases. The unit of evaluation was a full paper published in one of the relevant journals. Papers were classified in different categories and tabulated under various classes. A total of 101 research paper sources were studied and assessed in terms of nature of research, level of analysis, and application.Findings – The review reveals that most of the research in the field of sustainability performance and firm performance association, analyzed this relationship in developed countries. The result differs in various cultural and economic contexts and there is no universally accepted direction of this relationship. Contribution of research has...

295 citations

Journal ArticleDOI
TL;DR: In this article, the authors compared the corporate social responsibility policies and practices of ten international hotel groups of particular importance to the European leisure market and found that corporate systems are not necessarily reflective of actual operations, environmental performance is eco-savings driven, labour policies aim to comply with local legislation, socioeconomic policies are inward looking with little acceptance of impacts on the destination, and customer engagement is limited.

279 citations

Journal ArticleDOI
TL;DR: A critical review of recent progress in research on corporate social responsibility (CSR) in tourism management, and possible directions for future research is presented in this paper, where the authors focus on three macrolevel topic areas: implementation, economic rationale for acting more responsibly, and social relations of CSR.

244 citations

Journal ArticleDOI
TL;DR: In this article, the relationship between quality management and environmental management and the competitive advantage sought by hotels was investigated in a mixed methods study where 13 hotel managers were initially interviewed, followed by a quantitative study of 355 additional managers.

239 citations


Cites background from "Effects of different dimensions of ..."

  • ...…our understanding about the relationship between quality management and firm performance (Alonso-Almeida, Rodríguez-Ant on, & Rubio-Andrada, 2012; Inoue & Lee, 2011; Ladhari, 2012; Prajogo & Sohal, 2006; Sila, 2007) and between environmental management and firm performance (Gonz alezBenito &…...

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  • ...…Harrington & Keating, 2006; Soriano, 1999) and those which investigate the effects of quality management on the performance and competitive advantage of hotels (Alonso-Almeida et al., 2012; Claver-Cort es, Pereira-Moliner, Tarí,& Molina-Azorín, 2008; Inoue & Lee, 2011; Wang, Chen, & Chen, 2012)....

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References
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Book
01 Jan 1983
TL;DR: In this Section: 1. Multivariate Statistics: Why? and 2. A Guide to Statistical Techniques: Using the Book Research Questions and Associated Techniques.
Abstract: In this Section: 1. Brief Table of Contents 2. Full Table of Contents 1. BRIEF TABLE OF CONTENTS Chapter 1 Introduction Chapter 2 A Guide to Statistical Techniques: Using the Book Chapter 3 Review of Univariate and Bivariate Statistics Chapter 4 Cleaning Up Your Act: Screening Data Prior to Analysis Chapter 5 Multiple Regression Chapter 6 Analysis of Covariance Chapter 7 Multivariate Analysis of Variance and Covariance Chapter 8 Profile Analysis: The Multivariate Approach to Repeated Measures Chapter 9 Discriminant Analysis Chapter 10 Logistic Regression Chapter 11 Survival/Failure Analysis Chapter 12 Canonical Correlation Chapter 13 Principal Components and Factor Analysis Chapter 14 Structural Equation Modeling Chapter 15 Multilevel Linear Modeling Chapter 16 Multiway Frequency Analysis 2. FULL TABLE OF CONTENTS Chapter 1: Introduction Multivariate Statistics: Why? Some Useful Definitions Linear Combinations of Variables Number and Nature of Variables to Include Statistical Power Data Appropriate for Multivariate Statistics Organization of the Book Chapter 2: A Guide to Statistical Techniques: Using the Book Research Questions and Associated Techniques Some Further Comparisons A Decision Tree Technique Chapters Preliminary Check of the Data Chapter 3: Review of Univariate and Bivariate Statistics Hypothesis Testing Analysis of Variance Parameter Estimation Effect Size Bivariate Statistics: Correlation and Regression. Chi-Square Analysis Chapter 4: Cleaning Up Your Act: Screening Data Prior to Analysis Important Issues in Data Screening Complete Examples of Data Screening Chapter 5: Multiple Regression General Purpose and Description Kinds of Research Questions Limitations to Regression Analyses Fundamental Equations for Multiple Regression Major Types of Multiple Regression Some Important Issues. Complete Examples of Regression Analysis Comparison of Programs Chapter 6: Analysis of Covariance General Purpose and Description Kinds of Research Questions Limitations to Analysis of Covariance Fundamental Equations for Analysis of Covariance Some Important Issues Complete Example of Analysis of Covariance Comparison of Programs Chapter 7: Multivariate Analysis of Variance and Covariance General Purpose and Description Kinds of Research Questions Limitations to Multivariate Analysis of Variance and Covariance Fundamental Equations for Multivariate Analysis of Variance and Covariance Some Important Issues Complete Examples of Multivariate Analysis of Variance and Covariance Comparison of Programs Chapter 8: Profile Analysis: The Multivariate Approach to Repeated Measures General Purpose and Description Kinds of Research Questions Limitations to Profile Analysis Fundamental Equations for Profile Analysis Some Important Issues Complete Examples of Profile Analysis Comparison of Programs Chapter 9: Discriminant Analysis General Purpose and Description Kinds of Research Questions Limitations to Discriminant Analysis Fundamental Equations for Discriminant Analysis Types of Discriminant Analysis Some Important Issues Comparison of Programs Chapter 10: Logistic Regression General Purpose and Description Kinds of Research Questions Limitations to Logistic Regression Analysis Fundamental Equations for Logistic Regression Types of Logistic Regression Some Important Issues Complete Examples of Logistic Regression Comparison of Programs Chapter 11: Survival/Failure Analysis General Purpose and Description Kinds of Research Questions Limitations to Survival Analysis Fundamental Equations for Survival Analysis Types of Survival Analysis Some Important Issues Complete Example of Survival Analysis Comparison of Programs Chapter 12: Canonical Correlation General Purpose and Description Kinds of Research Questions Limitations Fundamental Equations for Canonical Correlation Some Important Issues Complete Example of Canonical Correlation Comparison of Programs Chapter 13: Principal Components and Factor Analysis General Purpose and Description Kinds of Research Questions Limitations Fundamental Equations for Factor Analysis Major Types of Factor Analysis Some Important Issues Complete Example of FA Comparison of Programs Chapter 14: Structural Equation Modeling General Purpose and Description Kinds of Research Questions Limitations to Structural Equation Modeling Fundamental Equations for Structural Equations Modeling Some Important Issues Complete Examples of Structural Equation Modeling Analysis. Comparison of Programs Chapter 15: Multilevel Linear Modeling General Purpose and Description Kinds of Research Questions Limitations to Multilevel Linear Modeling Fundamental Equations Types of MLM Some Important Issues Complete Example of MLM Comparison of Programs Chapter 16: Multiway Frequency Analysis General Purpose and Description Kinds of Research Questions Limitations to Multiway Frequency Analysis Fundamental Equations for Multiway Frequency Analysis Some Important Issues Complete Example of Multiway Frequency Analysis Comparison of Programs

53,113 citations

Book ChapterDOI
TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.

46,648 citations


"Effects of different dimensions of ..." refers background or methods or result in this paper

  • ...These results are inconsistent with this study’s original propositions, drawn from the resource-based view (Barney, 1991) and neo-classical economic view (McWilliams & Siegel, 2000), that all five dimensions would have positive effects on both short-term and future profitability....

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  • ...On the basis of the resource-based view (Barney, 1991) and neo-classical economic view (McWilliams & Siegel, 2000), the study further investigates whether each of the five CSR dimensions positively influence both short-term and future profitability....

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  • ...The resourcebased view assumes that heterogeneous and immobile firm resources are the key to creating a sustained competitive advantage (Barney, 1991)....

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  • ...On the basis of the resource-based view (Barney, 1991) and neo-classical economic view (McWilliams & Siegel, 2000), the study further investigates whether each of the five CSR dimensions positively influence both short-term and future profitability. The current research contributes to the body of the literature by addressing all three key issues identified by Godfrey and Hatch (2007) discussed above through a long-term, industry-specific investigation using multidimensional CSR measures....

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ReportDOI
TL;DR: In this article, a simple method of calculating a heteroskedasticity and autocorrelation consistent covariance matrix that is positive semi-definite by construction is described.
Abstract: This paper describes a simple method of calculating a heteroskedasticity and autocorrelation consistent covariance matrix that is positive semi-definite by construction. It also establishes consistency of the estimated covariance matrix under fairly general conditions.

18,117 citations

Journal ArticleDOI
TL;DR: In this article, the authors examine three aspects of the stakeholder theory and critique and integrate important contributions to the literature related to each, concluding that the three aspects are mutually supportive and that the normative base of the theory-which includes the modern theory of property rights-is fundamental.
Abstract: ?The stakeholder theory has been advanced and justified in the management literature on the basis of its descriptive accuracy, instrumental power, and normative validity. These three aspects of the theory, although interrelated, are quite distinct; they involve different types of evidence and argument and have different implications. In this article, we examine these three aspects of the theory and critique and integrate important contributions to the literature related to each. We conclude that the three aspects of stakeholder theory are mutually supportive and that the normative base of the theory-which includes the modern theory of property rights-is fundamental. If the unity of the corporate body is real, then there is reality and not simply legal fiction in the proposition that the managers of the unit are fiduciaries for it and not merely for its individual members, that they are . . . trustees for an institution [with multiple constituents] rather than attorneys for the stockholders.

10,163 citations