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The environment and climate change as a primary stakeholder for accommodation suppliers: Stakeholder engagement for Koh Tao and Koh Phi Phi, Thailand

Name: The environment and climate change as a primary stakeholder for accommodation suppliers: Stakeholder engagement for Koh Tao and Koh Phi Phi, Thailand
Keywords: PERCEPTIONS, Environmental Studies, islands, Social Sciences, Environmental Sciences & Ecology, 910, 650, LIMITS, Business & Economics, environmental policy

descriptionPublicationkeyboard_double_arrow_right Article 21 Feb 2023 United Kingdom Publisher:WileyJournal:Business Strategy and the Environment, volume 32, pages 4,683-4,692 (issn: 0964-4733, eissn: 1099-0836,

Authors: Janto S. Hess; Ilan Kelman; Rachel Dodds;

doi: 10.1002/bse.3387

The environment and climate change as a primary stakeholder for accommodation suppliers: Stakeholder engagement for Koh Tao and Koh Phi Phi, Thailand

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Abstract

AbstractThis study investigates the potential recognition and engagement of the natural environment as an important factor in strategic investment decisions by accommodation suppliers in a small island context. The investigation, based on empirical data from two Thai islands, Koh Tao and Koh Phi Phi, contributes to the debate if the environment, by focusing on climate change, can be identified as a primary stakeholder for accommodation suppliers. The findings show that strategic investment decisions are influenced by impacts commonly associated with climate change, although a conscious recognition of climate change as a strategic stakeholder or important factor in strategic investment decisions could not be confirmed. Conversely, the element of unconsciousness in the process of recognising climate change in investment decisions sparks questions regarding the degree to which the recognition of business stakeholders requires being a conscious process and if the focus on investments could be another element for stakeholder identification frameworks for businesses.

Country

United Kingdom

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Keywords

PERCEPTIONS, Environmental Studies, islands, Social Sciences, Environmental Sciences & Ecology, 910, 650, LIMITS, Business & Economics, environmental policy, Business, ADAPTATION, CSR, Science & Technology, sustainable development, stakeholder engagement, FRAMEWORK, Thailand, TOURISM INDUSTRY, Management, climate change, tourism, Life Sciences & Biomedicine

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	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Average
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Average