IDEAS home Printed from https://ideas.repec.org/a/taf/rcitxx/v24y2021i5p700-716.html
   My bibliography  Save this article

Green procurement and financial performance in the tourism industry: the moderating role of tourists’ green purchasing behaviour

Author

Listed:
  • Ambra Galeazzo
  • Natalia Ortiz-de-Mandojana
  • Javier Delgado-Ceballos

Abstract

This article analyses the effect of green procurement – the adoption of specific purchasing environmental policies along the supply chain – on firm’s financial performance and the influence of tourists’ green purchasing behaviour – measured in terms of long-term orientation, green perceived risk and cost-green quality inference – on this relationship. Past literature has scarcely considered the role of tourists’ green purchasing behaviours as key factors that influence the performance implications of the adoption of environmental practices. Our sample focuses on the tourism industry and includes data on 122 firms over a seven-year period creating an unbalanced panel with 479 observations. We apply random-effects generalized least squares regressions to test the proposed relationships. We do not find a positive relationship between green procurement and financial performance. We find that the positive relationship only holds when the moderating effects of tourists’ green purchasing behaviour are added. By using panel data, this research contributes to the literature on sustainable tourism because it offers an insight on the nature of the relationship between environmental practices and financial performance over a long period of time. Moreover, it highlights under which conditions tourists enable firms to accrue financial benefits from the adoption of environmental practices.

Suggested Citation

  • Ambra Galeazzo & Natalia Ortiz-de-Mandojana & Javier Delgado-Ceballos, 2021. "Green procurement and financial performance in the tourism industry: the moderating role of tourists’ green purchasing behaviour," Current Issues in Tourism, Taylor & Francis Journals, vol. 24(5), pages 700-716, March.
  • Handle: RePEc:taf:rcitxx:v:24:y:2021:i:5:p:700-716
    DOI: 10.1080/13683500.2020.1734546
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13683500.2020.1734546
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/13683500.2020.1734546?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Saumyaranjan Sahoo & Suresh Kumar Jakhar, 2024. "Industry 4.0 deployment for circular economy performance—Understanding the role of green procurement and remanufacturing activities," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 1144-1160, February.
    2. Zohreh Amiri Sardari & Tayebeh Abdoli Mohamadabadi & Javad Nazarian-Jashnabadi & Giovanni Tesoriere & Tiziana Campisi, 2024. "Smart Experience and Green Health Tourism: The Moderating Role of Content Marketing," Sustainability, MDPI, vol. 16(11), pages 1-20, May.
    3. Syed Khusro Chishty, 2023. "Economic and Environmental Efficiencies of Organizations: Role of Technological Advancements and Circular Economy Practices," Sustainability, MDPI, vol. 15(22), pages 1-20, November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rcitxx:v:24:y:2021:i:5:p:700-716. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rcit .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.