Research Note: Strategic Corporate Social Responsibility and Competition in the Tourism Industry — A Theoretical Approach

Evangelos Mitrokostas and Alexandros Apostolakis

Tourism Economics, 2013, vol. 19, issue 4, 967-975

Abstract: This paper sheds light on tourist firms' incentives to engage in corporate social responsibility (CSR) activities in an imperfectly competitive environment. The focus on CSR in the tourism sector has emerged owing to the existence of a critical mass of consumers' willingness to pay a premium for such initiatives. A problem, however, emerges in the production of CSR activities from the supply-side. This is because entrepreneurs exhibit a strong free riding behaviour in their provision. The theoretical results illustrate that the existence of voluntary certification schemes would provide firms with a more efficient framework for undertaking CSR efforts.

Keywords: corporate social responsibility; information asymmetries; certification schemes (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://journals.sagepub.com/doi/10.5367/te.2013.0231 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:19:y:2013:i:4:p:967-975

DOI: 10.5367/te.2013.0231

Access Statistics for this article

More articles in Tourism Economics
Bibliographic data for series maintained by SAGE Publications ().