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This study assesses the stock price reaction to announcements of dividend increases by firms in the hospitality industry using a standard event study methodology. Results indicate that dividend increases are favorably received by market participants because a statistically significant positive...
Previous empirical research has substantiated the presence of significant gender-based differences in income within the hospitality industry. However, relatively little research has identified the extent to which the income gap is attributable to differences between men and women in educational...
The purpose of this study was to investigate the use and effectiveness of service recovery strategies that are employed in the hospitality industry. More specifically, this research uses the critical incident technique to analyze approximately 750 recovery incidents in restaurant and hotel...
Prior research has examined the relationship between debt financing and marginal tax rates to help explain the capital structure choice of firms. However, this type of measure is subject to an endogeneity problem, whereby an examination of postfinancing tax rates and debt financing produces a...
An examination of past research efforts provides an understanding of research direction and boundaries of a field or discipline. This study reports the findings of content analysis performed on 1,073 main articles published in five primary hospitality management journals for a 7-year period...
In the field of strategy, most research has focused on earlier stages of the strategic management process, namely, analysis and formulation. Research to date has failed to recognize that it is at the implementation stage where the process most often breaks down. A number of disparate approaches...
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