Stakeholders and Public Private Partnerships Role in Tourism Management
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Stakeholders and public private partnerships role in tourism management
* S. Vijayanand
Abstract
Tourism is a socio-economic activity and has evolved into one of the largest and fastest growing industries of the world. While the economic benefits of tourism are well known, the research evidence indicates that the benefits of tourism are rarely equitably distributed among the key stakeholders. In this context, sustainable tourism development (STD) as a long-term approach development aims to balance social and economic objectives with environmentally sound management. The sustainable development as a strategic tool requires a process of planning and management that brings together a series of interests and stakeholders ‘concerns in the form of planning and development. Therefore, keeping in view the importance and relevance of stakeholder cooperation for sustainable tourism development, and the residents being the key stakeholders, this research examines the rural residents’ attitudes towards the impacts of the Stakeholders and public private partnerships role in tourism management. The result of the research points out that the sustainable development is important for responding to the current problems caused by tourism development, as well as to address the needs of future generations.
Key words: Stakeholders, public private partnerships, tourism, management
Introduction
The past two decades saw the emergence of a new notion in management studies: the notion of the stakeholder. Scholars in the field of management have been investigating the role and responsibility of businesses and the players in the organizational environment since the 1960s, and this has given rise to the stakeholder theory that emerged in the 1980s.Some recent scholars have argued that elements of stakeholder theory can be traced back to much earlier approaches to management. For example, Schilling(2000)argues that...
* S. Vijayanand
Abstract
Tourism is a socio-economic activity and has evolved into one of the largest and fastest growing industries of the world. While the economic benefits of tourism are well known, the research evidence indicates that the benefits of tourism are rarely equitably distributed among the key stakeholders. In this context, sustainable tourism development (STD) as a long-term approach development aims to balance social and economic objectives with environmentally sound management. The sustainable development as a strategic tool requires a process of planning and management that brings together a series of interests and stakeholders ‘concerns in the form of planning and development. Therefore, keeping in view the importance and relevance of stakeholder cooperation for sustainable tourism development, and the residents being the key stakeholders, this research examines the rural residents’ attitudes towards the impacts of the Stakeholders and public private partnerships role in tourism management. The result of the research points out that the sustainable development is important for responding to the current problems caused by tourism development, as well as to address the needs of future generations.
Key words: Stakeholders, public private partnerships, tourism, management
Introduction
The past two decades saw the emergence of a new notion in management studies: the notion of the stakeholder. Scholars in the field of management have been investigating the role and responsibility of businesses and the players in the organizational environment since the 1960s, and this has given rise to the stakeholder theory that emerged in the 1980s.Some recent scholars have argued that elements of stakeholder theory can be traced back to much earlier approaches to management. For example, Schilling(2000)argues that...