Dynamic capabilities driving an eco-based advantage and performance in global hotel chains: The moderating effect of international strategy

Leonidas C. Leonidou, Constantinos N. Leonidou, Thomas A. Fotiadis and Bilge Aykol

Tourism Management, 2015, vol. 50, issue C, 268-280

Abstract: Building on the dynamic capabilities theory, a model of organizational capabilities driving an eco-based competitive advantage and performance in the global hotel industry is tested. Data obtained from 102 hotel chains reveal that organizational learning, shared vision, and cross-functional integration are conducive to creating a green competitive advantage, though this is not the case with relationship building and technology sensing/response. In turn, an eco-based advantage positively affects global financial performance. Certain dimensions of international strategy, namely foreign entry through joint ventures and decision-making decentralization, positively moderate the advantage–performance link, while no moderation effect exists for global market configuration and standardization/adaptation.

Keywords: Dynamic capabilities; Environmental management; Competitive advantage; Performance (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:touman:v:50:y:2015:i:c:p:268-280

DOI: 10.1016/j.tourman.2015.03.005

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