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Book part
Publication date: 29 November 2012

Charles Arcodia, Scott A. Cohen and Chantal Dickson

While sustainability issues in the tourism industry have been the subject of substantial research, such issues have not been well discussed in the field of events which is…

Abstract

While sustainability issues in the tourism industry have been the subject of substantial research, such issues have not been well discussed in the field of events which is increasingly supporting tourism plans. The environmental sustainability of events in particular has not been thoroughly addressed, and sustainable tourism accreditation schemes have generally omitted events from their scope. Green Globe, an environmental accreditation scheme for tourism, suggests 25 different types of schemes to benchmark different sectors of the industry but fails to directly address events. This chapter evaluates the adaptability of Green Globe's environmental accreditation scheme to the event sector. Eight different indicators can be applied to special events. Six are suitable for events in their current state while two others require some adjustment.

Details

Knowledge Management in Tourism: Policy and Governance Applications
Type: Book
ISBN: 978-1-78052-981-3

Keywords

Book part
Publication date: 22 July 2024

J. Sahaya Shabu, E. Joseph Rubert and J. Divya Merry Malar

Event studies have gained lots of popularity and momentum since 1960. It is an effective method to understand the event impact on the variables being tested. This paper aims to…

Abstract

Event studies have gained lots of popularity and momentum since 1960. It is an effective method to understand the event impact on the variables being tested. This paper aims to examine the reaction of Indian stock market to Russo–Ukrainian Crisis 2022, it is to understand the efficiency of Indian stock market for international events and how information content flow into the market is reflected in the stock prices and how the whole market reacts to the new information. The Event Study methodology is employed in this paper to investigate the effect of an event (Russo–Ukrainian Crisis) on a specific dependent variable (Stock Prices). The Small, Mid and Large cap indices of the Indian Stock exchange were taken for the Event Study. However, the abnormal return, standard deviation and t-statistics were calculated to examine the event effect on stock prices. It is found that there is a significant negative effect of the event on the stock prices.

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Modeling Economic Growth in Contemporary India
Type: Book
ISBN: 978-1-80382-752-0

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Book part
Publication date: 26 September 2024

Jakob B Sørensen

This Clause has been renamed from the 1999 edition, where it was called ‘Force Majeure’. This is in line with the changes made in 2008 when FIDIC introduced the FIDIC Gold Book

Abstract

This Clause has been renamed from the 1999 edition, where it was called ‘Force Majeure’. This is in line with the changes made in 2008 when FIDIC introduced the FIDIC Gold Book (Conditions of Contract for Design, Build and Operate Projects or FIDIC DBO); here the corresponding Clause was titled ‘Exceptional Risks’ rather than ‘Force Majeure’ because force majeure is a legal standard with different meaning from jurisdiction to jurisdiction. What constitutes force majeure in the Contractor’s country may not be force majeure in the country of the Employer or the Site; using legal standards with differing meanings may lead to uncertainty between the Parties as to the proper interpretation of the Contract. Using a truly generic term is very recommendable and the term ‘Exceptional Events’ indicates what this Clause is about without relying on any general legal standards. In general, where the performance of one of the Parties is prevented by an Exceptional Event, this Party shall give Notice to the other Party (Sub-Clause 18.2 [Notice of an Exceptional Event]). The Parties are under a mutual obligation to mitigate and minimise the delay caused by an Exceptional Event (Sub-Clause 18.3 [Duty to Minimise Delay]). The Contractor may claim an Extension of Time for Completion if delayed by an Exceptional Event and - in some scenarios - compensation if they incur Cost (Sub-Clause 18.4 [Consequences of an Exceptional Event]); if the execution of the Works is prevented for a continuous period of more than 84 days (or more than 140 days combined), either Party may terminate the Contract. Consequently, the majority of the risks associated with Exceptional Events are the responsibility of the Employer as the Employer carries the main burden of the consequences if an Exceptional Event does occur.

Details

FIDIC Yellow Book: A Companion to the 2017 Plant and Design-Build Contract, Revised Edition
Type: Book
ISBN: 978-1-83608-164-7

Keywords

Book part
Publication date: 14 August 2023

Jan Carlyle

This chapter explores the potential for a rigid format of event structure that has been successful for decades to be curated by, hosted by, attended by and with speakers who are…

Abstract

This chapter explores the potential for a rigid format of event structure that has been successful for decades to be curated by, hosted by, attended by and with speakers who are all children or young people. The chapter considers the opportunities for an event and the changes in format that need to be made to stay true to the essence of the TED format yet incorporating the creativity and brilliance of children and young people to ensure they gain the most from an event of this format.

Details

Events Management for the Infant and Youth Market
Type: Book
ISBN: 978-1-80455-691-7

Keywords

Book part
Publication date: 28 April 2021

Julia Backmann, Matthias Weiss and Gisa Todt

Setbacks and failures are part of organizational life. While a recent body of literature pointed to the importance of recovery, resilience, and learning from failure in responding…

Abstract

Setbacks and failures are part of organizational life. While a recent body of literature pointed to the importance of recovery, resilience, and learning from failure in responding to and dealing with setback events, the setback itself and its underlying dimensions remain underexplored. However, how severe employees perceive a setback to be plays an integral role in how successfully they handle these events. Taking an event-oriented perspective on work-related setbacks, this study defines setback severity as the setback event’s novelty, disruptiveness, and criticality. Based on the current literature and prior operationalizations, the authors introduce and validate a three-dimensional measure of setback severity. The exploratory and confirmatory factor analyses provide support for the proposed three-dimensional model. Further analyses show that disruptiveness and criticality are significantly related to identity threat, emotional exhaustion, trauma, turnover intention, and thriving, while novelty is only related to turnover intention and thriving. The implications of the setback severity measure are discussed along with recommendations for future research.

Details

Work Life After Failure?: How Employees Bounce Back, Learn, and Recover from Work-Related Setbacks
Type: Book
ISBN: 978-1-83867-519-6

Keywords

Book part
Publication date: 30 November 2020

Shruti Arora and Anukrati Sharma

India is the place of many religions, customs and traditions. Religious events are regularly an exceptional tourist opportunity, and there are several religious events that take…

Abstract

India is the place of many religions, customs and traditions. Religious events are regularly an exceptional tourist opportunity, and there are several religious events that take place in India throughout the year. These events not only focus on the importance of people engaging in religious events and having spiritual experience but also act as a promotional opportunity for any country. With changing times, these religious places have become a site for tourism; relatively a mere pilgrimage and digital marketing is especially useful in promoting these events and places to new potential attendees as well. Therefore, this research stresses upon the small- and medium-sized religious events that take place in various regions of India and the importance of digital marketing in sustaining and promoting the event tourism.

Details

The Emerald Handbook of ICT in Tourism and Hospitality
Type: Book
ISBN: 978-1-83982-689-4

Keywords

Abstract

Details

Sport, Gender and Mega-Events
Type: Book
ISBN: 978-1-83982-937-6

Book part
Publication date: 28 December 2016

Hilary du Cros

This chapter looks at how sensitivity to event design and the creative process for an arts event also can have an impact on its ongoing management and tourist experience, by…

Abstract

Purpose

This chapter looks at how sensitivity to event design and the creative process for an arts event also can have an impact on its ongoing management and tourist experience, by applying a new assessment tool, sustainable creative advantage (SCA), to gauge its performance.

Methodology/approach

A case study approach was used to assess SCA for the Sculpture by Sea, Bondi, Sydney 2015, in order to discuss how its management enables satisfying arts leisure experiences. Two key activities in the research were (1) in-depth interviews with organizers, full and volunteer staff, artists, gallery owners, and participants and (2) participant observation of touristic performances and other forms of engagement with the sculptures.

Findings

In its 19th edition, the event could still be considered a fresh and inspiring experience for tourists. However, crowding on weekends can affect the experience for all participants. Tactile tours are a unique feature of the event and could be promoted more to tourists, particularly the disabled.

Research limitations

Applying SCA needs careful timing, in order to collect information when interviewees are available and the event itself is running. Approaches should be made to organizers before, during, and after the event for information.

Practical implications

Event organizers could use SCA to understand more about controlling tourist experiences and how creative management and marketing of an event can have an impact on overall participant satisfaction.

Originality/value

Could also offer insights to academics studying glocality and events, the relationship of curatorial power to content/experience, or how such events can add to the study of leisurescapes in cultural tourism.

Details

The Handbook of Managing and Marketing Tourism Experiences
Type: Book
ISBN: 978-1-78635-289-7

Keywords

Book part
Publication date: 19 November 2019

Steven E. Abraham and Paula B. Voos

The long-debated impact of right-to-work (RTW) laws took on more urgency with the passage of RTW in additional states in the twenty-first century. The impact of RTW on shareholder…

Abstract

The long-debated impact of right-to-work (RTW) laws took on more urgency with the passage of RTW in additional states in the twenty-first century. The impact of RTW on shareholder wealth of corporations located in four states is evaluated here: Oklahoma (2000), Indiana (2012), Michigan (2012), and Wisconsin (2015). Event study results show that RTW had a positive effect on shareholder wealth in these states, albeit an effect that was lower in Michigan than elsewhere. We argue that this is indirect evidence in support of research indicating that RTW hinders union organizing, raises profits, and reduces nonunion employee compensation.

Details

Advances in Industrial and Labor Relations
Type: Book
ISBN: 978-1-83909-192-6

Keywords

Book part
Publication date: 14 August 2023

Hugues Seraphin

Abstract

Details

Events Management for the Infant and Youth Market
Type: Book
ISBN: 978-1-80455-691-7

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