Article
Business
Lu Jolly Zhou, Hua Qiu, Xinyu Zhang
Summary: Charitable donations by companies during COVID-19 can result in positive short-term market reactions but weaker long-term performance. Low-leverage, non-pharmaceutical, and non-SOEs can achieve better short-term performance through philanthropic donations.
EMERGING MARKETS FINANCE AND TRADE
(2021)
Article
Psychology, Multidisciplinary
Guihua Wu, Yanwen Wang, Xuejia Li, Meizhen Lin
Summary: This paper investigates the booking intention of potential consumers for quarantine hotels from a corporate social responsibility perspective. The study finds that potential customers are more willing to book quarantine hotels, and customer trust and customer gratitude mediate this intention. This research has important implications for advancing and expanding social exchange theory and hotel CSR theory, as well as guiding hotel marketing after the pandemic.
FRONTIERS IN PSYCHOLOGY
(2022)
Article
Hospitality, Leisure, Sport & Tourism
Jiangchi Zhang, Chaowu Xie, Alastair M. Morrison
Summary: The study demonstrates that corporate social responsibility (CSR) has a positive impact on employee safety behavior, including safety compliance, participation, and adaptation. In crisis situations, belief restoration positively moderates the relationship between CSR and safety behavior, while negative emotions negatively moderate this relationship.
JOURNAL OF HOSPITALITY AND TOURISM MANAGEMENT
(2021)
Article
Business, Finance
Juanjuan Zhang, Yuming Zhang, Yongkun Sun
Summary: This paper investigates the importance of corporate social responsibility (CSR) to firms in COVID19. An analysis of data from listed companies in China reveals that a high-level of CSR is beneficial for improving stock returns. Mechanism analysis demonstrates that CSR can generate social trust capital for enterprises and enhance corporate performance during the epidemic. Further tests indicate that the impacts of employee protection and environmental protection responsibilities on stock returns are even more significant. These findings highlight the significance of socially responsible investing and present important policy implications.
FINANCE RESEARCH LETTERS
(2022)
Article
Hospitality, Leisure, Sport & Tourism
Bartolome Marco-Lajara, Mercedes Ubeda-Garcia, Lorena Ruiz-Fernandez, Esther Poveda-Pareja, Eduardo Sanchez-Garcia
Summary: This study analyzes the impact of the COVID-19 pandemic on the hospitality sector, particularly rural accommodations, and examines the influence of CSR strategies on the resilience of rural hotels. The findings demonstrate a significant positive impact of CSR strategies on resilience levels, with resilience also affecting hotel performance. Moderation effects indicate that the relationship is stronger for hotels with an official sustainability certificate.
CURRENT ISSUES IN TOURISM
(2022)
Article
Computer Science, Information Systems
Jordana J. George, Jie Yan, Dorothy E. Leidner, Pranjal Awasthi
Summary: This study examines the business value of data philanthropy to the donor firm by analyzing stock performance of public firms associated with data philanthropy activities. The findings suggest significant relationships between abnormal returns and data openness and the number of collaboration participants.
INFORMATION SYSTEMS MANAGEMENT
(2023)
Article
Business, Finance
Vikas Agarwal, Yan Lu, Sugata Ray
Summary: The study shows that charitable donations by hedge funds are influenced by poor fund flows and performance, with some donations to charities related to fundraising events being more effective in mitigating outflows. While donations initially benefit hedge funds economically, the benefits are not scalable and donors may face greater redemptions if poor performance persists post-donation.
JOURNAL OF CORPORATE FINANCE
(2021)
Article
Hospitality, Leisure, Sport & Tourism
Shangzhi (Charles) Qiu, Jianing Jiang, Xinming Liu, Ming-Hsiang Chen, Xina Yuan
Summary: The study reveals that engaging in CSR activities can increase the stock returns and stakeholder attention of hospitality firms during the pandemic, with community-related CSR having a stronger and more immediate effect.
INTERNATIONAL JOURNAL OF HOSPITALITY MANAGEMENT
(2021)
Article
Business, Finance
Aoran Wang, Xian Luo, Ying Zeng, Hao Zhang
Summary: This article explores the relationship between foreign ownership and corporate philanthropy using donation data from Chinese listed companies. The study finds that foreign ownership significantly increases corporate donations, and this finding is confirmed through instrumental variable regressions.
FINANCE RESEARCH LETTERS
(2022)
Article
Green & Sustainable Science & Technology
Ken Butcher, Rojanasak Chomvilailuk
Summary: Successful promotion of guest participation in CSR activities in a hotel stay hedonic context is challenging, with perceived benefits critical to optimizing strategies, but lacking explicit investigation into guests' evaluation of costs versus benefits.
JOURNAL OF SUSTAINABLE TOURISM
(2022)
Article
Business, Finance
Yuyang Yi, Zongyi Zhang, Cheng Xiang
Summary: Using a sample of 3013 Chinese listed firms, this study examines the impact of Chinese firms' pre-crisis CSR engagement on their stock returns during the COVID-19 crisis. The findings suggest that firms with higher levels of pre-crisis CSR engagement experience poorer crisis-period stock returns, especially those with more agency problems, limited access to external financing, or weaker pre-crisis financial conditions.
PACIFIC-BASIN FINANCE JOURNAL
(2022)
Article
Engineering, Marine
Zhikuan Sun, Yan Zhang
Summary: Shipping has played a crucial role in ensuring uninterrupted global logistics during the epidemic. This study focuses on the top 10 global container shipping companies and examines their crisis response strategies and textual characteristics at different stages. The findings indicate that the shipping industry pursues sustainability in its response to global crises and demonstrates commitment and strategies. These findings provide a comprehensive picture of the efforts made by large container shipping companies to respond to COVID-19 and soothe stakeholders.
JOURNAL OF MARINE SCIENCE AND ENGINEERING
(2022)
Article
Business, Finance
Seungho Choi, Raphael Jonghyeon Park, Simon Xu
Summary: This article examines the strategic nature of banks' charitable giving by studying bank donations to local nonprofit organizations. The study finds that local competition affects banks' local donation decisions. Furthermore, banks reallocate donations after natural disasters to increase their local share in nonshocked counties and enhance their performance.
Article
Multidisciplinary Sciences
Miguel Bustamante-Ubilla, Roberto M. Campos-Troncoso, Orly Carvache-Franco, Mauricio Carvache-Franco, Wilmer Carvache-Franco
Summary: This study identifies the factors that influence managers' perception of government support programs during the COVID-19 pandemic. The results confirm the existence of three factors that affect managers' perception.
Article
Education & Educational Research
Nora Reikosky
Summary: In response to COVID-19, many companies, especially technology companies, voluntarily helped the education sector by donating or temporarily discounting their core products, receiving public support and gratitude. This philanthropic corporate action indicates an expanding role of private actors in providing educational materials and resources. This article analyzes this type of corporate activity as pipeline philanthropy and examines the democratic implications and trade-offs of increased corporate involvement in education.
EDUCATIONAL POLICY
(2023)
Article
Hospitality, Leisure, Sport & Tourism
Ricardo Sellers, Juan Luis Nicolau
Summary: This study examines the relationship between visitor satisfaction and expenditure in wineries within the framework of prospect theory. The findings suggest that demographics and psychographics play a role in reference dependence.
JOURNAL OF HOSPITALITY & TOURISM RESEARCH
(2023)
Article
Hospitality, Leisure, Sport & Tourism
Hakseung Shin, Richard R. Perdue
Summary: While customer value research has traditionally focused on transactional values, this study explores the non-transactional values created through customer online engagement behaviors in the tourism industry. By developing a multi-dimensional measurement scale, this research identifies four dimensions of non-transactional value and validates their validity and reliability using Marriott Bonvoy Insider Brand Community members. The study also examines the relationships with antecedents and consequences to assess the nomological validity. This scale can be useful for tourism researchers and managers to understand the non-transactional values co-created by customer online engagement behaviors.
JOURNAL OF TRAVEL RESEARCH
(2023)
Article
Hospitality, Leisure, Sport & Tourism
Hakseung Shin, Juhyun Kang, Abhinav Sharma, Juan Luis Nicolau
Summary: This study analyzes the effectiveness of vaccine passport policies in the airline and tourism industry and evaluates the perceptions of various stakeholders. The findings indicate that airline investors have a positive evaluation of vaccine passports, and these passports play a significant role in reducing perceived health risks for leisure travelers. This study provides theoretical insights and guidance for airline companies and tourism marketers in deciding whether to implement vaccine passport policies.
JOURNAL OF HOSPITALITY & TOURISM RESEARCH
(2023)
Article
Hospitality, Leisure, Sport & Tourism
Juan Luis Nicolau, Hakseung Shin, Bora Kim, John F. O'Connell
Summary: This study provides important insights for revenue management decisions in the aviation industry by analyzing the loss aversion and diminishing sensitivity mechanisms of prospect theory in different cabin classes.
JOURNAL OF TRAVEL RESEARCH
(2023)
Article
Green & Sustainable Science & Technology
Hakseung Shin, Juhyun Kang, Abhinav Sharma, Juan Luis Nicolau
Summary: This study analyzes the relationship among travel fear, protection motivation, and destination visit intentions in the pandemic context. It proposes a conceptual model to test the influence of immunity certificate policies on travel fear and subsequent decision-making behaviors. The research shows that immunity certificates are effective in enhancing travel intentions and the market value of tourism companies.
JOURNAL OF SUSTAINABLE TOURISM
(2023)
Article
Environmental Studies
James Raad, Abhinav Sharma, Juan Luis Nicolau
Summary: This article examines the impact of OTA innovations on firm performance in the two-sided travel distribution market. It finds that producer-to-consumer innovations have a greater effect on OTA performance and highlights the importance of exchange management when innovating in the travel market distribution.
TOURISM MANAGEMENT
(2023)
Article
Hospitality, Leisure, Sport & Tourism
Hakseung Shin
Summary: This paper aims to investigate the process of open innovation engagement by online community members in creating and sharing knowledge. The study adopted a mixed methods approach, including netnography, qualitative interviews, and surveys. The findings showed that hotel brand community members actively contribute their knowledge by evaluating hotel policies, providing service suggestions, and generating new service ideas. The study also identified enjoyment and empowerment as major antecedents of engagement, and brand loyalty and a sense of brand community as major consequences. One main limitation of the study is its focus on a single online brand community.
INTERNATIONAL JOURNAL OF CONTEMPORARY HOSPITALITY MANAGEMENT
(2023)
Article
Hospitality, Leisure, Sport & Tourism
Juan Luis Nicolau, Abhinav Sharma, Hakseung Shin, Juhyun Kang
Summary: This study examines the impact of pandemic trends on travelers' accommodation preferences for hotels and Airbnb. The findings suggest that travelers prefer Airbnb entire flats/apartments to hotels when the pandemic is trending upward. However, this preference is not confirmed when the trends go downward.
INTERNATIONAL JOURNAL OF CONTEMPORARY HOSPITALITY MANAGEMENT
(2023)
Article
Environmental Studies
Oriol Anguera-Torrell, Juan Luis Nicolau
Summary: Large-scale events provide hotels with revenue-generating opportunities. While these events usually result in increased room rates, the type of hotel operation plays a crucial role in hotel performance. Our research suggests that independent and franchised hotels outperform chain-owned/managed hotels during events. This study extends the resource-based view theory and the value chain model in the hotel industry.
TOURISM MANAGEMENT
(2023)
Article
Environmental Studies
Imran Hameed, Ghulam Ali Arain, Juan Luis Nicolau
Summary: Extending previous research on leader knowledge hiding, this study presents the first empirical investigation on the impact of leader knowledge hiding on employee change-oriented voice. By integrating self-consistency theory and social exchange theory, we examine the mediated effects of leader-based self-esteem and leader-based trust, and propose leader gender as a boundary condition. Two field studies using data from tourism and hospitality organizations support the dual mediation process and provide evidence for the effect of leader gender.
TOURISM MANAGEMENT
(2023)
Article
Environmental Studies
Anushree Tandon, Amandeep Dhir, Poornima Madan, Shalini Srivastava, Juan Luis Nicolau
Summary: Globally, green human resource management (GHRM) initiatives significantly contribute to organizational espousal of green and sustainable operations, especially in the tourism and hospitality sector. This research examines the relationship between GHRM and employees' green and non-green outcomes, with narcissism as a moderating factor. The study found significant associations between GHRM and employee outcomes, and narcissism was shown to moderate the relationship between GHRM and both green and non-green behaviors.
TOURISM MANAGEMENT
(2023)
Article
Hospitality, Leisure, Sport & Tourism
N. Meenakshi, Amandeep Dhir, Raj V. Mahto, Juan Luis Nicolau, Puneet Kaur
Summary: This study examines the motivation and coping strategies employed by travelers in the post-pandemic period, focusing on revenge tourism. The findings reveal that disengagement was the main motivation to travel during this period, and travelers employed three coping strategies- engaging in growth, seeking strength, and maintaining hope and cautious optimism- to overcome the crisis. These coping strategies enabled travelers to recover from the adversities of the pandemic and contribute to the tourism literature.
JOURNAL OF TRAVEL RESEARCH
(2023)
Article
Hospitality, Leisure, Sport & Tourism
Hakseung Shin, Jinhee Lee, Namjo Kim
Summary: Since the COVID-19 crisis, long-stay tourism, such as workcation, has emerged as a notable trend in the tourism industry. This research aims to fill the knowledge gap by conceptualizing workcation travel experiences and developing a multi-dimensional scale to measure them. Through qualitative interviews, four dimensions of workcation travel experiences were identified: relaxing, improvised, autonomous, and localized experiences. Two online surveys were conducted to develop the scale, and its relationship with workcation satisfaction and revisit intentions was investigated.
JOURNAL OF TRAVEL RESEARCH
(2023)
Article
Environmental Studies
Juan Luis Nicolau, Cedric Poretti, Cindy Yoonjoung Heo
Summary: The objective of this research is to analyze the impact of solidarity actions on hotel and restaurant firms' market value after the invasion of Ukraine. The study examined press releases and corporate websites of 117 companies to determine the actions taken in response to the Russian invasion. Using an event study methodology, cumulative abnormal returns were calculated. The findings suggest that companies that took early actions benefited the most, and middle-point intensity actions had the greatest impact on market value.
TOURISM MANAGEMENT
(2024)
Article
Hospitality, Leisure, Sport & Tourism
Hakseung Shin, Juhyun Kang
Summary: This research explores the development, present status, and future directions of tourism research using ChatGPT, and provides valuable insights through qualitative analysis. The results indicate that the interdisciplinary nature of tourism research strongly contributes to the development of other academic fields.
JOURNAL OF HOSPITALITY AND TOURISM MANAGEMENT
(2023)
Article
Environmental Studies
Si Shi, Huanli Zhao, Hui Li, Mengying Zhang, Wilson K. S. Leung
Summary: This study examines the double-edged sword effect of enterprise social media (ESM) by investigating the impact of ESM technostressors on hospitality employees' post-adoption behaviors. Findings suggest that persistence, work connectivity, and visibility of ESM promote routine use and innovative use behaviors, while role conflict and emotion interruption of ESM negatively influence routine use. Management support can mitigate the negative impacts of ESM technostressors.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Lujun Su, Chengzhi Ye, Yinghua Huang
Summary: This study investigates the impact of nostalgic advertising and perceived destination types on tourists through four experiments. The results show that destination nostalgic advertising is more likely to evoke tourists' history sense and trigger visit intention, while destination non-nostalgic advertising is more likely to evoke tourists' fashion sense and enhance visit intention. Furthermore, the perceived destination type plays a moderating role in these effects, with nostalgic advertising in utilitarian destinations being more effective in evoking history sense, and non-nostalgic advertising in hedonic destinations being more effective in enhancing fashion sense.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Juan Luis Nicolau, Cedric Poretti, Cindy Yoonjoung Heo
Summary: The objective of this research is to analyze the impact of solidarity actions on hotel and restaurant firms' market value after the invasion of Ukraine. The study examined press releases and corporate websites of 117 companies to determine the actions taken in response to the Russian invasion. Using an event study methodology, cumulative abnormal returns were calculated. The findings suggest that companies that took early actions benefited the most, and middle-point intensity actions had the greatest impact on market value.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Matias Thuen Jorgensen, Ignacio Danieli
Summary: This study examines the individual absorptive capacity (ACAP) in a tour guiding company based on a platform economy. In such companies, guides are not employees but freelancers who sell their services to the company. The study aims to explore the knowledge-sharing dynamics between lower company management and guides, and identifies five specific categories of micro-foundations that influence these processes. The findings provide recommendations on improving ACAP processes in similar companies.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Courtney Suess, Jason E. Maddock, Marco Palma, Omar Youssef, Gerard Kyle
Summary: This study examined the emotional and behavioral responses of respondents to video treatments that presented different outcomes for coral reef health. The findings showed that videos with equal proportions of threat and reassurance stimulated higher arousal, leading to increased intent to donate for coral reef restoration. The presence of higher proportions of threat in video messaging also induced negative affectivity, which was associated with higher stated donations. Respondents who had taken vacations in coral reef destinations were more aroused by the videos and stated higher donations compared to those who had not. The emotional responses to fear-appeal videos were influenced by PMT antecedents such as threat-appraisal, coping-appraisal, and response-costs.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Lingxue Zhan, Mingming Cheng, Jingjie Zhu
Summary: This study critically reviews image analytics and investigates its broad implications for tourism and hospitality research. It presents a methodological framework for conducting image-related studies, complementing the dominant textual analysis used in this field.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Ringkar Situmorang, Arnold Japutra
Summary: This study investigates the challenges in transferring knowledge from MNC hotels to subsidiaries through the lens of absorptive capacity. Factors such as competencies, experience, historical background, limited opportunities, cultural discord, and communication barriers were found to influence different stages of knowledge transfer. The findings highlight the significant impact of a country's historical experience on absorptive capacity.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Mei-Yu Wang, Yong-Quan Li, Wen-Qi Ruan, Shu-Ning Zhang, Rui Li
Summary: This study explores the influencing factors and formation process of Cultural Inheritance-Based Innovation (CIBI) using innovation systems theory and qualitative methods. The findings suggest that CIBI is influenced by multilevel factors and involves balancing the paradoxical elements of cultural inheritance and innovation through innovation system support. This research deepens the understanding of the paradoxical relationship between heritage conservation and innovation, expands the framework of factors influencing cultural innovation at tourism destinations, and provides insights into the management and promotion of cultural inheritance and innovation.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Bingjie Liu-Lastres, Han Wen, Fevzi Okumus
Summary: This study examines the impact of message frequency and transparency on internal crisis communication outcomes in the tourism industry. Qualitative interviews and a national survey of tourism workers were conducted to gather data. The results indicate that timely and transparent communication from employers during a crisis enhances employer-employee relationships and reduces turnover intentions.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
K. Bullock, M. Di Domenico, G. Miller, Z. Shirgholami, Y. Wong
Summary: This article examines the challenges faced by the UK's tourism and hospitality industries, which have the highest concentration of migrant workers compared to other industries, in managing the risks of labor exploitation and modern slavery. The study identifies power imbalances, possible enforcement gaps, the normalization and moralization of exploitation, and macro-level political and socioeconomic issues/events as drivers of these risks. The research contributes significant theoretical insights and proposes the concept of the "(in)conspicuous exploitariat" to capture the empowerment, or lack thereof, and potential future risks/opportunities.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Hengyun Li, Hongbo Liu, Hyejo Hailey Shin, Haipeng Ji
Summary: This study examines the effects of customer-generated images in online reviews on subsequent customer engagement, using computer vision technique and panel data analysis. Findings reveal that the ratio of pictorial reviews positively influences review volume and average review length, while the disparity between review text and photo sentiment has a complex impact on customer engagement. Business price level can mitigate these effects.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Aikaterini Manthiou, Isabelle Ulrich, Volker Kuppelwieser
Summary: This research develops a measurement scale for travel influencers by analyzing qualitative and quantitative data from consumers. The study identifies five dimensions of the travel influencer construct and applies a Bayesian methodology in an experiential tourism context. The research extends the scope of social media influencers beyond brands and objects, offering theoretical contributions and practical implications for tourism scholars and practitioners.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Juan Liu, Chaohui Wang, Tingting (Christina) Zhang
Summary: This study investigates the impact of social media affordances on the formation of tourist destination image from the perspective of technology affordances. The study finds that social presence and parasocial interaction play a mediating role in the relationship between social media affordances and cognitive image as well as affective image. The findings provide valuable insights for destination marketers to develop and adopt social media strategies for cultivating a positive destination image in the tourism market.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Kaede Sano, Hiroki Sano, Yuji Yashima, Hajime Takebayashi
Summary: This study investigates the interplay effects of temporal distance and post type on tourists' attitude strength changes and decision-making processes. The findings reveal that the effect of DGC on tourists' attitude changes is contextual, and DGC is less influential on tourists' decision-making processes when they have a near travel plan than a distant one. This study emphasizes that DMOs should invest in DGC only in specific contexts.
TOURISM MANAGEMENT
(2024)
Article
Environmental Studies
Junbo Zhang, Qi Chen, Jiandong Lu, Xiaolei Wang, Luning Liu, Yuqiang Feng
Summary: This research investigates the influence of emotional expressions of chatbots on customer satisfaction. The findings suggest that expressing concern for customers can improve customer satisfaction, and the moderating effects of customer's goal orientation, chatbot's avatars, and the relationship type between customers and chatbots on the relationship between emotional expression and expectancy violation.
TOURISM MANAGEMENT
(2024)