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Corporate social responsibility and customer satisfaction among US publicly traded hotels and restaurants
Authors:Seoki Lee  Cindy Yoonjoung Heo  
Institution:aSchool of Tourism and Hospitality Management, Temple University, 1700 N. Broad Street, Suite 201-F, Philadelphia, PA 19121, United States;bSchool of Tourism and Hospitality Management, Temple University, 1700 N. Broad Street, Suite 201, Philadelphia, PA 19121, United States
Abstract:This study, by performing a path regression analysis, examines a mediating effect of customer satisfaction between corporate social responsibility (CSR) activities and firm value for US hotels and restaurants. Further, the study differentiates positive and negative CSR activities in the analysis. Findings suggest that the customer satisfaction does not play a role of a mediator between the two factors for both hotels and restaurants.
Keywords:CSR  Positivity effect  Negativity effect  Customer satisfaction  Mediating effect
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