Tan Siow-Hooi, Habibullah Muzafar Shah, Tan Siow-Kian, Choon Shay-Wei
Faculty of Management, Multimedia University, Persiaran Multimedia, 63100 Cyberjaya, Selangor, Malaysia.
Faculty of Economics and Management, Universiti Putra Malaysia (UPM), 43400, Serdang, Malaysia.
J Environ Manage. 2017 Dec 1;203(Pt 1):603-611. doi: 10.1016/j.jenvman.2017.02.029. Epub 2017 Mar 9.
This study investigates the impact of the aggregate and individual dimensions of environmental performance (EP) on financial performance (FP), based on a dataset covering the travel and tourism industry (airlines, casinos, hotels, and restaurants) across different economic regions over the period 2003-2014. The results reveal that EP positively affects the FP in the hotel industry when aggregate EP is used. When individual dimensions of EP are considered, resource reduction is found to positively (negatively) affect the performance in the hotel (airline) industry, while product innovation positively affects the performance in the restaurant industry. Hence, the trade-off effect seems to be dominant in the airline industry, and the 'heterogeneous resources and reputation-building' hypothesis is evident in both the hotel and restaurant industries. In addition, in general, the findings support the positive moderating effect of slack resources on the relationship between the individual dimensions of EP and FP in the travel and tourism industry, and, hence, are supportive of the slack resources hypothesis. These effects, however, vary depending on the travel and tourism industry under investigation.
本研究基于一个涵盖2003年至2014年不同经济区域的旅游和旅游业（航空公司、赌场、酒店和餐馆）的数据集，调查了环境绩效（EP）的总体和个体维度对财务绩效（FP）的影响。结果显示，当使用总体环境绩效时，环境绩效对酒店业的财务绩效有积极影响。当考虑环境绩效的个体维度时，发现资源减少对酒店业的绩效有积极（消极）影响，而产品创新对餐饮业的绩效有积极影响。因此，权衡效应在航空业似乎占主导地位，“异质资源和声誉建设”假设在酒店和餐饮业都很明显。此外，总体而言，研究结果支持闲置资源对旅游和旅游业中环境绩效的个体维度与财务绩效之间关系的正向调节作用，因此，支持闲置资源假设。然而，这些影响因所调查的旅游和旅游业而异。
