Sustainable leadership and sustainable performance of hospitality firms in South Africa
Olawale Fatoki ()
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Olawale Fatoki: University of Limpopo, South Africa
Entrepreneurship and Sustainability Issues, 2021, vol. 8, issue 4, 610-621
Abstract:
Sustainable leaders use the resources of their organisations to solve environmental and social challenges while generating value for the shareholders. This study investigated the relationship between sustainable leadership and sustainable performance of hospitality firms. Financial, social, and environmental indicators were used to measure sustainable performance. The study used the quantitative research method and the cross-sectional survey method was used to collect data from 192 respondents. Descriptive statistics, Pearson correlation, and regression analysis were used for data analysis. The results indicated significant positive relationships between sustainable leadership and financial, social, and environmental performance of hospitality firms. Recommendations to improve sustainable leadership in hospitality firms include a training and a reward system that focuses on sustainable leadership and performance. Limitations and areas for further study are discussed.
Keywords: sustainable leadership; sustainable performance; hospitality; tourism; South Africa (search for similar items in EconPapers)
JEL-codes: M14 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:8:y:2021:i:4:p:610-621
DOI: 10.9770/jesi.2021.8.4(37)
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