Innovativeness and corporate social responsibility in hospitality and tourism family firms: The role of family firm psychological capital

Randolph, Robert V.; Memili, Esra; Koç, Burcu; Young, Susan; Yıldırım-Öktem, Özlem; Sönmez, Sevil

doi:10.1016/j.ijhm.2021.103128

Cited by 23 publications

(18 citation statements)

References 59 publications

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“…That said, we do acknowledge that there are certain family firm characteristics that can act as barriers to or triggers for the application of dynamic capabilities to environmental objectives. Specifically, given their importance in the strategic management of family firms, we focus on family involvement in the TMT (Su and Daspit, 2021) and LTO (Randolph et al. , 2022; Lumpkin and Brigham, 2011).…”

Section: Theoretical Approach and Hypothesesmentioning

confidence: 99%

“…However, despite the prevalence of family ownership in tourism and the growing interest in the analysis of dynamic capabilities and environmental performance in the context of family firms (Miroshnychenko et al, 2022;Camis on et al, 2020;Samara et al, 2018), the strategic implications of family ownership and management in this context remain unexplored in the literature (Randolph et al, 2022;Camis on et al, 2020;De Massis et al, 2016). To the best of our knowledge, there are no empirical studies that combine these topics.…”

Section: Introductionmentioning

confidence: 99%

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Dynamic capabilities and environmental performance: all in the family

Forés

Puig-Denia

Fernández-Yáñez

2023

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PurposeThis study adopts the dynamic capabilities perspective to analyze environmental performance in family firms and explores the moderating effects that both family involvement in the Top Management Team (TMT) and long-term orientation (LTO) exert on the relationship between dynamic capabilities and environmental performance.Design/methodology/approachThe authors test the hypotheses on a database of 748 family tourism firms, using hierarchical regression analysis.FindingsThe authors' results show that both variables have a beneficial effect on building the dynamic capabilities to be applied to improving environmental performance. However, the moderating effect of family involvement is revealed to be more complex than that of LTO. Having a high degree of family managerial involvement positively moderates the effect of dynamic capabilities on environmental performance but only in family firms with highly-developed dynamic capabilities; conversely, in family firms with lower levels of dynamic capabilities not having this family involvement in the TMT is better.Originality/valueThis study helps advance the research on Spanish family tourism firms by adopting an approach that unveils the heterogeneity in dynamic capabilities among said firms, driven by the firms' idiosyncratic features in terms of family involvement in the TMT and their LTO. The article also provides practical insights for family business owners, managers and advisors and outlines important directions for future research.

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Section: Theoretical Approach and Hypothesesmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Dynamic capabilities and environmental performance: all in the family

Forés

Puig-Denia

Fernández-Yáñez

2023

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“…Moreover, future research can adopt an interdisciplinary approach and explore new theoretical perspectives to examine the impact of ownership on family firm CSR. For instance, family firm researchers have recently called for examining the psychological foundation of family firm phenomena [157][158][159]. Future research may consider adopting psychological theories to investigate ownership and family firm CSR-related questions.…”

Section: Limitations and Future Researchmentioning

confidence: 99%

A Systematic Literature Review on Ownership and Corporate Social Responsibility in Family Firms

Zhu

Zhou

2022

Sustainability

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Corporate social responsibility (CSR) research has developed rapidly in recent years, and scholars have called for a more comprehensive picture of CSR research in family firms. In response to the call, this study conducts a systematic literature review of CSR activities in family firms from an important but understudied perspective: ownership. In addition to showing the divergent effects of ownership on family firm CSR, this research also reveals multiple mediating mechanisms and moderators for the above relationship and family ownership as a boundary condition for the relationships between family firm CSR and outcomes. Theories and methodological issues in past research are analyzed, and limitations and future research directions are also proposed.

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“…Sustainability has become a vital strategic objective for tourism destinations worldwide to protect the environment and facilitate social inclusion (Moyle et al, 2021 ; Pulido‐Fernández et al, 2015 ; Zhu et al, 2021 ). Hospitality and tourism family firms need to enhance social responsibility activities through the use of different strategic tools, resources, and capabilities (Randolph et al, 2022 ).…”

Section: Introductionmentioning

confidence: 99%

“…Hospitality and tourism family firms need to enhance social responsibility activities through the use of different strategic tools, resources, and capabilities (Randolph et al, 2022).…”

Section: Introductionmentioning

confidence: 99%

Sustainable practices in hospitality pre and amid COVID‐19 pandemic: Looking back for moving forward post‐COVID‐19

Elkhwesky

Salem

Varmus

et al. 2022

Sustainable Development

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Sustainability issues are becoming increasingly important in the hospitality sector during crisis times such as COVID‐19 and post‐pandemic. In order to synthesize the literature on sustainable practices in hospitality, we developed a systematic literature to illustrate the dominant sustainable practices in hospitality. We present a comprehensive review of the 48 articles on sustainable practices in hospitality through the Web of Science (WoS) and Scopus databases; spanning over 2 years (2020–2021) pre‐and amid the COVID‐19 pandemic and extending the scope in distinctive ways. Our review has demonstrated that sustainable practices in hospitality have made progress in the years 2020 and 2021. However, there are conceptual and empirical overlaps among sustainable practices in hospitality. Additionally, hospitality sustainable practices research is restricted in research contexts. There is a lack of research on antecedents, outcomes, and integrating theories in studies. By following the guidance presented in this review, we expect to advance and maintain sustainable practices research to provide substantive insights over the coming years post‐COVID‐19. The current research is one of the first studies to systematically review sustainable practices in hospitality pre‐and amid the COVID‐19 pandemic. The research ends with a comprehensive research agenda and a framework to apprise future theoretical and empirical advances in the area.

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Innovativeness and corporate social responsibility in hospitality and tourism family firms: The role of family firm psychological capital

Cited by 23 publications

References 59 publications

Dynamic capabilities and environmental performance: all in the family

Dynamic capabilities and environmental performance: all in the family

A Systematic Literature Review on Ownership and Corporate Social Responsibility in Family Firms

Sustainable practices in hospitality pre and amid COVID‐19 pandemic: Looking back for moving forward post‐COVID‐19

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