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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2020-05-15  |  Accepted: 2020-11-05  |  Published: 2020-12-30

Title

The concept of global governance in tourism franchises: a case study of TUI group


Abstract

The study characterizes the global corporate governance in the context of tourism. Risks the TUI Group would face during the implementation of the global governance strategy were assessed. The analysis of management and operational risks revealed that in conditions of global economic uncertainty tourism companies may use risk diversification to ensure flexibility. The risk likelihood assessment justified the need for the use of innovative management models with the aim of reducing the likelihood and impact of risks. An organizational-managerial framework for risk diversification was established that enables companies to cope with the global challenges in a synergistic effort. Finally, the study explored the socio-economic impact of global governance strategy on the competitive regional tourism.


Keywords

global governance, international tourism business, risk diversification, tour operator, tourism franchising regional tourism, block-chain


JEL classifications

L83 , Z32


URI

http://jssidoi.org/jesi/article/760


DOI


Pages

1321-1339


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Aburumman, Asad H.
University of Sharjah, Sharjah, United Arab Emirates https://www.sharjah.ac.ae
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

8


Number

2


Issue date

December 2020


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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