Hess, Janto S;
Kelman, Ilan;
Dodds, Rachel;
(2023)
The environment and climate change as a primary stakeholder for accommodation suppliers: Stakeholder engagement for Koh Tao and Koh Phi Phi, Thailand.
Business Strategy and the Environment
10.1002/bse.3387.
(In press).
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Abstract
This 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.
| Type: | Article |
|---|---|
| Title: | The environment and climate change as a primary stakeholder for accommodation suppliers: Stakeholder engagement for Koh Tao and Koh Phi Phi, Thailand |
| DOI: | 10.1002/bse.3387 |
| Publisher version: | https://doi.org/10.1002/bse.3387 |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | ADAPTATION, Business, Business & Economics, climate change, CSR, environmental policy, Environmental Sciences & Ecology, Environmental Studies, FRAMEWORK, islands, Life Sciences & Biomedicine, LIMITS, Management, PERCEPTIONS, Science & Technology, Social Sciences, stakeholder engagement, sustainable development, Thailand, tourism, TOURISM INDUSTRY |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Maths and Physical Sciences > Inst for Risk and Disaster Reduction |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10169180 |
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