A PATH Analysis on Sustainability Performance of Hospitality Industry in CARAGA REGION
Keywords:
Business management, corporate social responsibility, total quality management, platonic solids, human resource management practices, sustainability performance, hospitality industry, Caraga Region, PhilippinesAbstract
Sustainability is considered as one of the global issues confronting the world of business. This study aimed to determine the extent of the contribution of each predictor variable to the sustainability performance of the hospitality industry in the Caraga region. Causal design using path analysis and descriptive-correlational research approaches were utilized. Adapted survey questionnaire was distributed to 300 hotel and resorts employees who were chosen through stratified random sampling. The statistical methodologies employed in this study encompassed Mean, Pearson's correlation coefficient (R), and Path Analysis. The outcomes of the analysis unveiled a noteworthy level of performance in sustainability performance, corporate social responsibility (CSR), total quality management (TQM), and human resource management (HRM) practices within the hospitality sector. The study's findings further illuminated a significant correlation between CSR and HRM practices, TQM and HRM practices, as well as CSR and TQM initiatives. Additionally, the results underscored that sustainability performance is notably influenced by human resource management (HRM) and corporate social responsibility (CSR) initiatives. Interestingly it was found out that total quality management (TQM) lack a direct impact on sustainability performance. However, TQM exhibited intricate interrelations with HRM and CSR practices, suggesting a nuanced dynamic between these organizational dimensions. The study accentuates the crucial impacts of corporate social responsibility (CSR) and human resource management (HRM) practices. It advocates for a holistic approach, aligning HRM policies with sustainability goals, fostering a culture of social responsibility, and implementing transparent communication strategies for enhanced overall sustainability performance.