Material and Immaterial Sustainability Investment in the Restaurant Industry PDF
By:Bora Kim
Published on 2017 by
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Sustainability investment, an investing discipline that considers environmental, social, and governance criteria, is growing rapidly with ever-increasing attention from stakeholders such as investors and managers. Using a novel industry-specific materiality (critical sustainability topics that are likely to impact a firms financial circumstance and operating performance) classifications of sustainability issues, the current study empirically examines the impact of allocating a firms resources to material and immaterial issues, and its link to firm performance in the restaurant context. Based on stakeholder theory, the moderating role of franchising, among the most peculiar characteristics to the restaurant industry, is further examined. A two-way fixed-effects model with clustering standard errors has been employed to analyze sample panel data of publicly traded restaurant firms and to test the suggested hypotheses.
This Book was ranked at 33 by Google Books for keyword Restaurant Industry.
Book ID of Material and Immaterial Sustainability Investment in the Restaurant Industry's Books is MGOltAEACAAJ, Book which was written byBora Kimhave ETAG "PxHs+FmYHDc"
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