2020
DOI: 10.5267/j.msl.2019.12.039
|View full text |Cite
|
Sign up to set email alerts
|

Social responsibility and competitiveness in hotels: The role of customer loyalty

Abstract: The concept of Social Responsibility (SR) has been evolved during the last decade and most organisations care about their society and the environment. While incorporating SR programs through organizational strategies would be mostly optional, the benefits of "doing a good business" may enhance competitiveness. Hospitality industry is not far from this where hotel sector can achieve several desirable outcomes adopting SR initiatives. Despite the fact that many services are intangible by their nature and they ar… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1

Citation Types

0
1
0
1

Year Published

2020
2020
2023
2023

Publication Types

Select...
4

Relationship

1
3

Authors

Journals

citations
Cited by 4 publications
(2 citation statements)
references
References 20 publications
0
1
0
1
Order By: Relevance
“…Stakeholder theory suggests that by actively fulfilling their social responsibility, companies can, to a certain extent, meet the needs of their stakeholders and facilitate the establishment of close ties with many of them, thus gaining certain scarce and irreplaceable benefits, such as human resources, financial capital, brand awareness and sales networks. These resource advantages not only contribute to sustainable development, but also have a positive effect on the financial risk of the firm [3]. Therefore, we propose the following hypothesis H1: Other things being equal, fulfilling social responsibility reduces the financial risk of real estate companies.…”
Section: Research Hypothesismentioning
confidence: 95%
“…Stakeholder theory suggests that by actively fulfilling their social responsibility, companies can, to a certain extent, meet the needs of their stakeholders and facilitate the establishment of close ties with many of them, thus gaining certain scarce and irreplaceable benefits, such as human resources, financial capital, brand awareness and sales networks. These resource advantages not only contribute to sustainable development, but also have a positive effect on the financial risk of the firm [3]. Therefore, we propose the following hypothesis H1: Other things being equal, fulfilling social responsibility reduces the financial risk of real estate companies.…”
Section: Research Hypothesismentioning
confidence: 95%
“…Gestión ambiental: realizar programas de responsabilidad social corporativa, que impactan tanto la competitividad como el desempeño, incluyendo popularidad, participación de mercado y actividades relacionadas con el talento humano (Mehrez, 2020). Aproximadamente el 85 % de los viajeros del mundo, según Booking, están dispuestos a pagar un mayor precio por hospedarse en lugares amigables con el medio ambiente (Viva Air, 2018).…”
Section: Medio Ambienteunclassified