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Information Asymmetry in Tourism Market: The Bilateral Effects of ESG Practices on Firm Profitability

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Journal of Travel Research

Published online on

Abstract

Journal of Travel Research, Volume 65, Issue 5, Page 1501-1518, May 2026.
The tangible impact of environmental, social, and governance (ESG) practices on firm profitability remains a subject of contention. Existing studies have tended to overlook the potential impact of information asymmetry within the tourism market, ...