“…It has been analyzed in the areas of human resource management (Gannon, Roper, & Doherty, 2010) in the telecommunication industry (Liou, 2011), in the semiconductor corporations (Wen et al, 2012), in the airline industry (Y. Li & Singal, 2019), in-stock market reaction (Poretti & Heo, 2021)and hotel industry (Gannon et al, 2010;Marliana & Sukirman, 2021). This keyword is used concerning stakeholders; it includes middle-aged people as well.…”