Addressing a research gap regarding organizational outcomes and financial implications of environmental practices of hospitality firms in culturally diverse locations, this study employed a sample of publicly traded hospitality firms across 29 countries. This study’s primary focus was to explore the moderating influence of national culture on the relationship between different types of environmental practices and financial performance, drawing on institutional theory. The findings suggest that whether or not the investment in environmental practices significantly translates to financial performance is contingent on cultural orientation. Specifically, the study revealed a positive moderating impact of individualism and a negative moderating impact of power distance cultures, while masculinity and uncertainty avoidance have insignificant moderating impacts. The research findings and methodological approach offer novel and valuable insights into the current knowledge base on environmental practices. Furthermore, the findings have practical implications for industry practitioners, potential investors, and analysts in the hospitality sector.

中文翻译：

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酒店业的环境实践和公司绩效：民族文化重要吗？

本研究采用了 29 个国家的上市酒店公司样本，以解决不同文化地区酒店公司环境实践的组织成果和财务影响方面的研究空白。本研究的主要重点是借鉴制度理论，探讨民族文化对不同类型的环境实践与财务绩效之间关系的调节影响。研究结果表明，对环境实践的投资是否能显着转化为财务绩效取决于文化导向。具体来说，该研究揭示了个人主义的积极调节影响和权力距离文化的消极调节影响，而男性气质和避免不确定性的调节影响不显着。研究结果和方法为当前环境实践知识库提供了新颖且有价值的见解。此外，研究结果对酒店业的行业从业者、潜在投资者和分析师具有实际意义。