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What is Corporate Responsibility

Sustainable Growth Strategies for Entrepreneurial Venture Tourism and Regional Development
Corporate Responsibility refers to the ethical and social obligations that companies have towards society, stakeholders, and the environment. It involves adopting policies and practices that promote sustainability, accountability, transparency, and ethical behavior in all aspects of the company's operations.
Published in Chapter:
The Adoption of Corporate Social Responsibility (CSR) Policy in the Tourism Sector: How CSR Affects Consumer Loyalty in the Greek Hotel Industry
Panagiota Xanthopoulou (University of West Attica, Greece) and Sifis Plimakis (University of Peloponnese, Greece)
DOI: 10.4018/978-1-6684-6055-9.ch001
Abstract
Corporate social responsibility (CSR) is referred and analyzed as a phenomenon with an economic, cultural, and entrepreneurial dimension. Therefore, it is also considered as a social phenomenon which affects society in many different ways, as it attracts both organizations and governments around the world. The present study analyses the impact of CSR on customers' preference and loyalty in the hotel sector. The authors investigated the main concepts associated with CSR as well as the CSR's policies implemented in the tourism sector. At the same time, specific factors were studied such as customer's satisfaction and how CSR influences consumer's loyalty in a hotel. A semi-structured interview was conducted in 204 visitors in 30 Greek hotels. Findings showed that the average Greek citizen is not particularly familiar with the term of CSR and its activities, and that CSR does not impact on their intention to visit a hotel and then be loyal.
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Self-Laundering for Marketing: Maintaining Sustainability
A business model in which companies conduct their business by considering the positive effects on the stakeholders and society at large.
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Leadership for Sustainability: Connecting Corporate Responsibility Reporting and Strategy
Also known as corporate social responsibility, represents the business concept that integrates socially and environmentally beneficial programs and practices into a distinctive business model. It is a form of corporate social and environmentalist self-regulation integrated into its everyday activities, or how companies manage the business processes to produce an overall positive impact on society.
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Using Integrated Corporate Responsibility to Enhance Consumers' Perceptions: An Overview of the Banking Sector
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