Environmental management and hotel profitability: operating performance matters
While there is growing consensus on the benefits of going green, the relative benefits of revenue-enhancing and cost-cutting effects of environmental practices over performance have remained a more conservative and less explored phenomenon in corporate management studies. The present study investiga...
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| Format: | Article |
| Language: | English |
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University of the Algarve - ESGHT - CIEO
2021-07-01
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| Series: | Tourism & Management Studies |
| Subjects: | |
| Online Access: | https://www.tmstudies.net/index.php/ectms/article/view/1480 |
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| _version_ | 1841554732524503040 |
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| author | Alp Yenidogan Tugba Gurcaylilar-Yenidogan Nilufer Tetik |
| author_facet | Alp Yenidogan Tugba Gurcaylilar-Yenidogan Nilufer Tetik |
| author_sort | Alp Yenidogan |
| collection | DOAJ |
| description | While there is growing consensus on the benefits of going green, the relative benefits of revenue-enhancing and cost-cutting effects of environmental practices over performance have remained a more conservative and less explored phenomenon in corporate management studies. The present study investigates the two parallel mediation effects of cost-saving and revenue generation on profitability through environmental management practices. A bootstrap method is employed to make a statistical inference of the causal mediation effects. The data collected from the lodging industry in Antalya/Turkey revealed that the revenue-enhancing and cost-cutting effects of environmental participation have a positive impact on profitability, while no difference was identified in the strength of the indirect effects. In conclusion, the findings of this study indicate a complementary effect of cost reduction and revenue enhancement for green profit. |
| format | Article |
| id | doaj-art-cc04e671db8c4eafb345cd6ef621244d |
| institution | Kabale University |
| issn | 2182-8466 |
| language | English |
| publishDate | 2021-07-01 |
| publisher | University of the Algarve - ESGHT - CIEO |
| record_format | Article |
| series | Tourism & Management Studies |
| spelling | doaj-art-cc04e671db8c4eafb345cd6ef621244d2025-01-08T11:07:09ZengUniversity of the Algarve - ESGHT - CIEOTourism & Management Studies2182-84662021-07-01173719Environmental management and hotel profitability: operating performance matters Alp Yenidogan0Tugba Gurcaylilar-Yenidogan 1Nilufer Tetik 2Akdeniz UniversityAkdeniz University Akdeniz University While there is growing consensus on the benefits of going green, the relative benefits of revenue-enhancing and cost-cutting effects of environmental practices over performance have remained a more conservative and less explored phenomenon in corporate management studies. The present study investigates the two parallel mediation effects of cost-saving and revenue generation on profitability through environmental management practices. A bootstrap method is employed to make a statistical inference of the causal mediation effects. The data collected from the lodging industry in Antalya/Turkey revealed that the revenue-enhancing and cost-cutting effects of environmental participation have a positive impact on profitability, while no difference was identified in the strength of the indirect effects. In conclusion, the findings of this study indicate a complementary effect of cost reduction and revenue enhancement for green profit. https://www.tmstudies.net/index.php/ectms/article/view/1480environmental management practicescost savingsrevenue enhancementprofitabilityaccounting informationlodging industry |
| spellingShingle | Alp Yenidogan Tugba Gurcaylilar-Yenidogan Nilufer Tetik Environmental management and hotel profitability: operating performance matters Tourism & Management Studies environmental management practices cost savings revenue enhancement profitability accounting information lodging industry |
| title | Environmental management and hotel profitability: operating performance matters |
| title_full | Environmental management and hotel profitability: operating performance matters |
| title_fullStr | Environmental management and hotel profitability: operating performance matters |
| title_full_unstemmed | Environmental management and hotel profitability: operating performance matters |
| title_short | Environmental management and hotel profitability: operating performance matters |
| title_sort | environmental management and hotel profitability operating performance matters |
| topic | environmental management practices cost savings revenue enhancement profitability accounting information lodging industry |
| url | https://www.tmstudies.net/index.php/ectms/article/view/1480 |
| work_keys_str_mv | AT alpyenidogan environmentalmanagementandhotelprofitabilityoperatingperformancematters AT tugbagurcaylilaryenidogan environmentalmanagementandhotelprofitabilityoperatingperformancematters AT nilufertetik environmentalmanagementandhotelprofitabilityoperatingperformancematters |