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Willingness to Pay for Corporate Social Responsibility (CSR)

Does Strategic CSR Management Matter

Bibliographic Data

ID21652832
AuthorsHenri Kuokkanen (0000-0002-0474-4539, Postgraduate Studies, Institut Paul Bocuse, Écully, France, corresponding author), William Sun (0000-0001-8235-984X, Leeds Beckett University)
Year2024
Volume48
Issue4
Pages657-670
Publication date2024-05-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Hospitality & Tourism Research (JOURNAL)
Journal identifiersISSN: 1096-3480 • E-ISSN: 1557-7554
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/10963480231182990
OpenAlexW4382698787
LanguageEN
Citations received12
References cited42

Within hospitality research, corporate social responsibility (CSR) has attracted plenty of interest, but few studies have investigated a strategic approach to CSR management. Strategic CSR assumes that by systematic investment in responsibility that matches customer demand, a business can earn additional profit while fulfilling societal expectations. However, the details of how such systematic management can be achieved are missing. This leaves the business case for customer-focused, strategic CSR largely conceptual, and offers little advice to hospitality managers wishing to pursue such a strategy. To fill these gaps, our study investigated guest willingness to pay for initiatives that were selected based on a model of strategic CSR management that incorporates key aspects of customer behavior. The results provide empirical evidence on how strategic CSR management can contribute to financial performance and support the need for understanding the guest comprehensively during the strategy development process to achieve the gains

Business · Corporate social responsibility · Economics · Empirical research · Hospitality · Hospitality industry · Public relations · Strategic management · Tourism · Consumer Behavior in Brand Consumption and Identification · Corporate Social Responsibility Reporting · Environmental Sustainability in Business · Marketing

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Unique citing works12
Citations per year6
Citation span2024 - 2026 (3)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 11

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