The Effects of Creating Shared Value on the Hotel Performance
Keyword(s):
The current literature on sustainable practices shows that social missions and economic achievement can be compatible. However, very few studies have offered a quantitative perspective on this relationship. This study presents the first empirical evidence of the effects of the creating shared value (CSV) principle on the performance of companies. Using a sample of Spanish hotels, the results suggest that companies that apply CSV achieve higher financial performance. These findings represent a substantial contribution to the literature and shed light on how to efficiently implement CSV practices to simultaneously achieve economic and social benefits.
Keyword(s):
2016 ◽
Vol 17
(4)
◽
pp. 185-206
2018 ◽
Vol 33
(1)
◽
pp. 45-63
◽
2019 ◽
Vol 28
(4)
◽
pp. 17-34
2019 ◽
Vol 31
(3)
◽
pp. 421-441
Keyword(s):