An analysis of environmental management, organizational context and performance of Spanish hotels |
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| Authors: | M J lvarez Gil J Burgos Jimnez J J Cspedes Lorente |
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| Institution: | a Departamento de Economía de la Empresa, Universidad Carlos III de Madrid, C/Madrid, 126 28903 Getafe, Madrid, Spain;b Departamento de Dirección y Gestión de Empresas, University of Almería, Crtra. de Sacramento s/n, 04120 La Cañada de San Urbano, Almería, Spain;c Department of Management, University of Almería, Crtra. de Sacramento s/n, 04120 La Cañada de San Urbano, Almería, Spain |
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| Abstract: | This paper addresses the factors that determine the deployment of environmental management practices and its effects on firms’ financial performance. Empirical evidence supporting this investigation is gathered from the Spanish hotel industry. Our results find support for the notion that age of facilities, size, chain affiliation, stakeholder environmental pressures, and their use of operations management techniques exert a lasting influence on the degree of implementation of environmental management practices by hotel firms. Moreover, our findings show a positive relationship between environmental management practices and firms’ financial performance. |
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| Keywords: | Environmental management Financial performance Hotels Spain |
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