EventsThe 2nd International Electronic Conference on Processes
Published
This submission belongs to the session S1. Environmental and Green Processes of the event The 2nd International Electronic Conference on Processes
Published date
25 May, 2023
Academic Editor
author-avatarGade Pandu Rangaiah
Citation
Alok Bihari Singh, Prabir Sarkar, Govind Sharan Dangayach, Makkhan Lal Meena, Chandni Khandelwal, Research Progress on Corporate Social Responsibility of Hotels, in Proceedings of The 2nd International Electronic Conference on Processes, 17 May–31 May 2023, MDPI: Basel, Switzerland, doi: 10.3390/ECP2023-14726
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Research Progress on Corporate Social Responsibility of Hotels

Makkhan Lal Meena 1
1. Malaviya National Institute of Technology Jaipur, Rajasthan, India
2. Department of Management Studies, University of Engineering & Management, Jaipur, 302006, India
3. Department of Management Studies, Graphic Era (Deemed to be University), Dehradun, 248002, India
4. Indian Institute of Technology Ropar, Punjab, India
Abstract

The term "corporate social responsibility" (CSR) refers to a set of voluntary guidelines put in place by businesses to demonstrate their willingness to take responsibility for their actions and contribute to the betterment of their surrounding communities with environmental and social factors. This management action is based on the idea that businesses can and should care about the world around them by incorporating social and environmental issues into their daily activities and relationships with their stakeholders, as CSR helps companies balance economic, environmental, and social goals while meeting shareholder and stakeholder expectations. This research synthesizes the literature in the duration of 2003-2023 on corporate social responsibility (CSR) in the hotel business. Articles that covered hotels with 3BL (Triple bottom line) approach were included in the current study. A total of 57 articles have been selected on the basis of “CSR-Practices,” “CSR-Reporting,” and “CSR-Impacts” with both the hotels’ and customers’ perspectives as inclusion. The internal and external CSR impacts on hotel businesses were highlighted, and customer reactions to CSR were also studied. There are some significant voids found in the understanding of the linkage between corporate financial performance (CFP) and corporate social responsibility in the hotel sector. The local community, which is an essential CSR stakeholder, was found under-researched in the existing literature. Research Gaps as linkage of CFP and CSR, role of local communities as CSR stakeholder and accordingly future research dimensions were also suggested.

Keywords
Corporate Social Responsibility
CSR-Practices
CSR-Reporting
CSR-Impacts
Corporate Financial Performance
Hotels
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