Climate Change Exposure and Capital Allocation in Tourism Firms
Published online on June 10, 2026
Abstract
Journal of Travel Research, Ahead of Print.
Drawing on Dynamic Capabilities and Institutional theories, this paper examines how climate change exposure influences capital allocation in tourism, a spatially immobile and climate-sensitive industry. Using a global panel of 420 publicly listed tourism ...
Drawing on Dynamic Capabilities and Institutional theories, this paper examines how climate change exposure influences capital allocation in tourism, a spatially immobile and climate-sensitive industry. Using a global panel of 420 publicly listed tourism ...