Comparative Study on Environmental Commitment of Luxury Hotel Brands with Five Globes of Environmental Responsibility

Author(s):  
D. P. Sudhagar ◽  
Sheeba Samuel
2017 ◽  
Vol 13 (2) ◽  
pp. 221-234 ◽  
Author(s):  
Mario Testa ◽  
Antonio D’Amato

Purpose Over the past two decades, scholarly attention has focused mainly on a direct and inverse relationship between corporate environmental responsibility (CER) and corporate financial performance (CFP). This study aims to explore the bidirectional causality hypothesis, as good environmental results can lead to good financial results, which makes it possible to invest more resources in projects that improve environmental performance. Design/methodology/approach The authors test the bidirectional causality between CER and CFP on a sample of listed Italian manufacturing firms over the 2005-2014 period. The authors use a fixed effect panel data regression and check the robustness of the results with alternative econometric techniques. Findings Although the findings do not support bidirectional hypothesis, they establish direction/causality from CFP to CER. As a result, environmental responsibility is a consequence of prior financial performance, which supports the slack resources hypothesis. Research limitations/implications Given that companies’ environmental commitment is dictated by economic evaluations or by assessing the availability of resources to invest, it seems that the spread of environmentally responsible behaviours might be supported by different external pressures. Originality/value The paper provides further insights on sustainability management literature by establishing a bidirectional relationship between firm performance and environmental responsibility.


2020 ◽  
Vol 8 (5) ◽  
pp. 3971-3990
Author(s):  
Özgür YAYLA ◽  
Hakan KENDİR ◽  
Emin ARSLAN

The primary purpose of the present study is to demonstrate the moderator role of gender in the effect of the environmental commitment of hotel business employees on environmental responsibility behaviour. The Scanning Method was applied in the study. The sampling of the study consisted of 397 employees working in five-star hotel businesses in the Antalya region between September and October 2019. The Questionnaire form was preferred as the data collection tool in the study. The data obtained as a result of the study were subjected to statistical analyses. These analyses were frequency analysis, reliability analysis, factor analysis, and regression analysis. As a result of the regression analysis, it was found that the environmental commitment levels of employees in hotel businesses had a positive and moderate effect on environmental responsibility behaviour. It was also found that gender had a moderator role in the effect of environmental commitment in employees on environmental responsibility behaviour.         


2019 ◽  
Vol 11 (22) ◽  
pp. 6518 ◽  
Author(s):  
Daeheon Choi ◽  
Chune Young Chung ◽  
Dongnyoung Kim ◽  
Chang Liu

Despite the potential benefits of a firm’s corporate environmental commitment to its information environment, few empirical studies examine the relationship between corporate environmental responsibility (CER) and firm information risk in emerging markets. In such markets, better corporate transparency and less information asymmetry are becoming increasingly important owing to firms’ poor governance structures, the lack of protection for investors, the substantial participation of unsophisticated individual investors, and so on. Using a comprehensive sample of firms engaged in CER for the period from 2005 to 2016, we find that a firm’s CER score has a negative effect on measures of firm information risk in the emerging Korean market, which is characterized by poor corporate governance and a strong influence of owner–managers. Furthermore, our results show that the negative relationship between CER and information risk is more pronounced for firms with higher uncertainty (lower transparency). Thus, we conclude that CER enhances a firm’s information environment by reducing investors’ information risk.


2001 ◽  
Vol 10 (5) ◽  
pp. 257-268 ◽  
Author(s):  
Marie-Josée Roy ◽  
Olivier Boiral ◽  
Denis Lagacé

2020 ◽  
Author(s):  
Bruno Oliveira Ferreira de Souza ◽  
Éve‐Marie Frigon ◽  
Robert Tremblay‐Laliberté ◽  
Christian Casanova ◽  
Denis Boire

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