... with panel fixed effects was used in this study. Samples were drawn from publicly traded US restaurant companies, and span from 1993 to 2016 with 264 firm-year observations was used for the study’s analysis. Drawing on Penrose’s seminal theory of firm-growth that a firm needs excess resources to grow...

...Tarik Dogru; Ercan Sirakaya-Turk Purpose The purpose of this study is to examine the extent to which the quality of corporate governance mechanisms and growth opportunities affect agency problems in hotel firms. Design/methodology/approach The effects of cash flows on investments and cash...

...Anthony Clayton The common failure to give due weight to environmental and social factors creates a risk that that short‐term economic growth objectives may be traded off against long‐term objectives, such as environmental quality. This potential policy conflict may be exacerbated in the developing...

... in these four countries were recorded as: GDP – 15 per cent; employment – 32 per cent; foreign exchange earnings – 47 per cent; and capital investment – 53 per cent. © MCB UP Limited 2003 Analysis Foreign exchange Growth Tourism Financial performance Revenue The Caribbean currently...

... in the pipeline. This shortage cannot be alleviated in less than three years[ 7 ]. © MCB UP Limited 1994 Australia Hospitality industry Hotels Growth Pricing Tourism Trends Queensland currently hosts approximately 6.5 million visitors per year who stay in commercial accommodation[ 1...

... of these companies has revealed plans for international development and examples are given to illustrate their respective approaches. © MCB UP Limited 1991 Europe Quality Hospitality industry Hotels Growth National cultures Brand names DEVELOPING HOTELS IN EUROPE: SOME REFLECTIONS ON PROGRESS...