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The predictive roles of financial indicators and governance scores on firms’ emission performance in the tourism and hospitality industry      
Yazarlar
Victor Oluwafemi Olorunsola
Mehmet Bahri Saydam
Doğu Akdeniz Üniversitesi, Türkiye
Doç. Dr. Hasan Evrim ARICI
Kastamonu Üniversitesi, Türkiye
Mehmet Ali Köseoğlu
Türkiye
Özet
The tourism and hospitality (T&H) industry can significantly impact the environment by using natural resources and waste generation. Measuring and improving firms’ emission performance in this industry is becoming increasingly important. However, the prediction of financial indicators and governance scores on firms’ emission performance is still poorly established. Drawing on the agency and stakeholders’ theory, our research explores whether financial indicators and governance scores predict firms’ emission performance in the T&H industry. Data on all companies that are publicly traded was acquired from Thomson Reuters Eikon using 485 publicly traded tourism firms as of the end of the fiscal year 2021. Our findings suggest that governance pillar score (GP), management score (MS), board size (BS), and market capitalization (MC) are the best four predictors of carbon emission reduction scores in T&H companies. Theoretical and practical implications are presented, and directions for further research are provided.
Anahtar Kelimeler
emission score | financial indicators | governance score | machine learning algorithms | tourism and hospitality
Makale Türü Özgün Makale
Makale Alt Türü SSCI, AHCI, SCI, SCI-Exp dergilerinde yayımlanan tam makale
Dergi Adı Tourism Economics
Dergi ISSN 1354-8166
Dergi Tarandığı Indeksler SSCI
Dergi Grubu Q1
Makale Dili İngilizce
Basım Tarihi 10-2023
Doi Numarası 10.1177/13548166231207132
Makale Linki http://dx.doi.org/10.1177/13548166231207132