2007
DOI: 10.2167/jost640.0
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Environmental Strategies and Their Impact on Hotel Performance

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Cited by 216 publications
(127 citation statements)
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References 51 publications
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“…A department will be responsible and accountable for the design and implementation of an environmental management system (EMS), following similar procedures to the overall firms' quality management system of plan-do-check reportprocess (Sheldon and Yoxon, 2001). A correlation between financial performance and proactive corporate social responsibility management was reported for hotels both in the US (Lee and Park, 2009) and Spain (Claver-Cortés et al, 2007). These studies did not find environmental performance to be the cause of improved financial performance, but instead that more systematic quality management meant by extension more planned environmental management.…”
Section: Decision-making: From Ad Hoc To Plannedmentioning
confidence: 96%
“…A department will be responsible and accountable for the design and implementation of an environmental management system (EMS), following similar procedures to the overall firms' quality management system of plan-do-check reportprocess (Sheldon and Yoxon, 2001). A correlation between financial performance and proactive corporate social responsibility management was reported for hotels both in the US (Lee and Park, 2009) and Spain (Claver-Cortés et al, 2007). These studies did not find environmental performance to be the cause of improved financial performance, but instead that more systematic quality management meant by extension more planned environmental management.…”
Section: Decision-making: From Ad Hoc To Plannedmentioning
confidence: 96%
“…Chong and Verma (2013) [28] sought insight in how being an eco-certified hotel can affect hotel revenues; their main result was that there is no such relationship. One of the most cited studies analysing the relationship between sustainability policies and hotels' economic performance is the empirical work of Claver-Cortés et al [29]. Hotels located in Alicante were classified in three categories according to their environmental strategy: proactive, intermediate, and reactive.…”
Section: Literature Reviewmentioning
confidence: 99%
“…(Aragón-Correa et al 2008;Williamson 2005). Since 2004, a considerable amount of literature has grown up around the theme of explaining the relationship between CSR and corporate financial performance (Bartkus 2004;Carmona-Moreno et al 2004;Claver et al 2007;Garriga and Melé 2004;Inoue and Lee 2011;Ioannou and Serafeim 2015;Kang et al 2010;Lee and Park 2009;Seifert et al 2008). According to Kang et al (2010) in most studies research results determined a positive relationship between CSR activities and companies' financial performance.…”
Section: Literature Reviewmentioning
confidence: 99%