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Cited by 293

The DOI matches its Crossref record; 86 of the 86 references it cites were found in a registry or an index.

Are you good enough? CSR, quality management and corporate financial performance in the hospitality industry

Open access
Franco, Stefano, Caroli, Matteo Giuliano, Cappa, Francesco, Del Chiappa, Giacomo·2020·International Journal of Hospitality Management

Abstract

Abstract Hospitality firms are increasingly investing in corporate social responsibility (CSR) to generate strong relationships with stakeholders while aiming to benefit their own performance. However, CSR may bring both costs and benefits to the focal firm. We analyze how corporate financial performance (CFP) is affected by CSR, finding that the impact of CSR on CFP has a U-shaped form, where CSR is a cost that translates into higher benefits only when it generates solid relationships between firms and their stakeholders. Furthermore, we adopt a contingency approach, assessing the role of quality management (QM) on the CSR-CFP relationship. We find that the simultaneous implementation of CSR and QM is less beneficial to CFP than the isolated implementation of CSR due to the redundancy of different activities aimed at similar goals, i.e., stakeholders’ satisfaction. In doing so, we advance academic understanding of the impact of CSR and QM on CFP.

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Metadata

Authors
Franco, S., Caroli, M. G., Cappa, F., & Del Chiappa, G.
Venue
International Journal of Hospitality Management
Publisher
Elsevier BV
Published
2020-07
Volume
88
Pages
102395
ISSN
0278-4319 (ISSN-L)
OpenAlex
W2987208996
Cited by
293
References
86
FWCI
52.16
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Are you good enough? CSR, quality management and corporate financial performance in the hospitality industry. https://app.cochat.ai/papers/10.1016/j.ijhm.2019.102395
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Franco, S., Caroli, M. G., Cappa, F., & Del Chiappa, G. (2020). Are you good enough? CSR, quality management and corporate financial performance in the hospitality industry. International Journal of Hospitality Management. https://doi.org/10.1016/j.ijhm.2019.102395

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