Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2023.2179092
Effects of ecological innovation, governance structure, and social development on the adoption of sustainable reporting in the global tourism industry
Jing Yuan
Ata Al Shraah
Yen-Ku Kuo
Iskandar Muda
Fatma Mabrouk
Marcos Espinoza-Maguiña
Niamat Abdulrehman
Sažetak
This study analyzes the effects of institutional factors on adopting
sustainability reporting in the worldwide tourism industry. Initially,
it compiled the data on the organizational environment, including
environment, social and governance performance, and sector-level
macroeconomic control variables such as economic growth,
exports, and tourism receipts from 2001 to 2019. For empirical estimations,
it applies multiple panel estimators; pooled ordinary least
square (OLS), fixed effect, and random effects model, while
dynamic Generalized Method of Moments is applied to address
endogeneity issues in panel data. The results report that environmental,
social, and governance indicators are essential for sustainable
tourism. Mainly, ecological and social circumstances are more
prominent than others. Further, ecological innovation is considered
essential for sustainability in this sector. This research suggests an
innovative theoretical approach that exposes the importance of
sustainability reporting in the tourism industry. It also provides the
guideline to the regulators that they should expand their focus on
the regulations of sustainability reporting on the tourism industry.
Ključne riječi
Sustainability reporting; social development; environmental development; governance structure; tourism Industry
Hrčak ID:
306870
URI
Datum izdavanja:
30.4.2023.
Posjeta: 201 *