D 2015

HOW CORPORATE SOCIAL RESPONSIBILITY CAN CONTRIBUTE TO GROWTH STRATEGY

ČECH, Petr and Marie DOHNALOVÁ

Basic information

Original name

HOW CORPORATE SOCIAL RESPONSIBILITY CAN CONTRIBUTE TO GROWTH STRATEGY

Authors

ČECH, Petr and Marie DOHNALOVÁ

Edition

Sibiu, The 21st International Conference The Knowledge-Based Organization, Conference Proceedings 1, Management and Military Sciences, p. 166-171, 6 pp. 2015

Publisher

"Nicolae Balcescu" Land Forces Academy Publishing House

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50600 5.6 Political science

Country of publisher

Romania

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

printed version "print"

Organization unit

University College Prague – University of International Relations and Institute of Hospitality Management and Economics, Ltd.

ISSN

UT WoS

000379493200026

Keywords in English

corporate social responsibility, growth strategy, hotel industry, strategic management, strategy

Tags

International impact, Reviewed
Změněno: 12/8/2016 08:32, doc. Ing. Petr Čech, Ph.D.

Abstract

V originále

The slow growth of the economy requires an adequate response, even from companies in the hotel industry. In order to achieve an increase in turnover, they can react with a change of strategy, or cost cutting. The use of corporate social responsibility has been identified as one potential strategy of growth. Corporate social strategy is based on three traditional crucial factors that include social, economic and ecological values. The authors of this contribution analyse the possibilities to achieve an outstanding reputation of a company in the field of corporate social responsibility in order to gain the support of the public and stakeholders. They refer to the fact that corporate social responsibility is one possible way to achieve long-term profitable growth in the field of the hotel industry, even in a complex economic development.