CORPORATE SOCIAL RESPONSIBILITY AND TOURISM INDUSTRY: STAKEHOLDER APPROACH
In terms of tourism companies, the corporate social responsibility commonly known as (CSR) can be addressed as basic guidelines for tourism business which enable them to assimilate environmental, socio-economic, and political concerns of indigenous people and local businesses in line with their own...
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Published in: | Geo Journal of Tourism and Geosites Vol. 30; no. 2 supplement; pp. 913 - 916 |
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Main Authors: | , , , |
Format: | Journal Article |
Language: | English |
Published: |
Oradea
University of Oradea, Department of Geography, Tourism and Territorial Planning
10-07-2020
Editura Universităţii din Oradea |
Subjects: | |
Online Access: | Get full text |
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Summary: | In terms of tourism companies, the corporate social responsibility commonly known as (CSR) can be addressed as basic guidelines for tourism business which enable them to assimilate environmental, socio-economic, and political concerns of indigenous people and local businesses in line with their own goals and objectives. In the modern era corporate social responsibility is seen in the context of multiple stakeholders. These stakeholders are not only considered as a beneficiary but also considered as partners in any such activity. Nowadays it has become an integral part of tourism companies' policies and strategies. Its growing importance can be accessed from the fact that over 70% of research articles on the topic have been published in the last half of the decade. The main focus of this study is the evolut ion of corporate social responsibility in terms of literature and identifying the potential gaps in the present body of literature from the stakehold er's perspective. Present research mainly takes into account the tourism industry and challenges the earlier approaches adopted b y the researchers to assess corporate sustainability by incorporating the latest empirical evidence. The evidence point towards the importance of incorporating the stakeholder's perspective in terms of research. This evidence also stresses the importance o f incorporating policies about corporate social responsibility at stages of any tourism business at both the planning and execution level. |
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ISSN: | 2065-1198 2065-0817 2065-1198 |
DOI: | 10.30892/gtg.302spl18-522 |