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This study aims to examine the relative influence of four sustainability dimensions (environmental, economic, socio-cultural and institutional) in predicting resident satisfaction with the development of sustainable tourism. Prior literature focused mainly on the conceptualization and examination of tourist satisfaction.

Data were collected from a sample of 300 residents near two sustainable tourist sites of Gharana Wetland and Ramnagar Wildlife Sanctuary in Jammu and Kashmir, India. The partial least squares structural equation modelling method was performed to test the proposed relationships.

Empirical evidence supported the positive and significant effect of environmental, economic, socio-cultural and institutional dimensions on residents’ satisfaction. Findings indicate that all four dimensions of sustainability should be considered as part of a holistic approach towards planning and monitoring sustainable tourism development.

There are a number of limitations associated with this study. First, the findings were based on data from residents near two sustainable tourism sites. Second, the study focused on a relatively small sample of residents. Third, only the impacts of the four dimensions on residents’ satisfaction were assessed, which might have excluded other factors that may influence residents’ satisfaction.

This study used the prism of sustainability in the context of sustainable tourism sites in the Jammu and Kashmir region of India and evaluated its effect on residents’ satisfaction.

The purpose of this paper is to empirically evaluate the significant influence of four sustainability dimensions in predicting the residents’ satisfaction with the development of sustainable tourism in the emerging tourism industry of Pakistan.

The purpose of this paper is to provide a case study which illustrates how specific skills can be embedded within an undergraduate business module thereby promoting wider criticality and an ethos of sustainability.

The paper analyses a pragmatic approach to redesigning a third‐year undergraduate module on twenty‐first century business topics such as globalisation and sustainability in which students acquire subject‐specific knowledge as well as the tools necessary for challenging current approaches. The redesign was guided by a series of emergent paradigms within the pedagogical literature, including student‐centred learning, emphasis on skills development and elements of the critical management perspective. “Questioning perceived wisdom” became the subtext for a series of activities linked to continuous assessment. Action research provided a basis for curricular development, and resulted in lectures with multiple viewpoints and a variety of weekly tasks including analyses of in‐class debates, surveys, and online discussions in small groups. The new structure also sought to address instrumental attitudes and student engagement. Rich qualitative and quantitative data were generated from the surveys, discussion groups, exam scripts and student feedback.

Data show that students responded well to those activities which implicitly reinforced the skills of “questioning” and judgement based on evidence. The increased engagement may be due to incentivisation of the chosen assessment structure and/or the heuristic nature of the varied activities.

This paper invites practitioners to shift away from “teaching” sustainability or criticality as an intellectual topic, and rather to concentrate more on creating those experiential opportunities where the student can develop the skills to question current dogma, whether neo‐liberalism or even environmental fundamentalism.

“Sustainability” presupposes first and foremost a change in human attitude. It summons contemporary societies to take measures for the sake of future societies. It requires that each individual develops historical conscience, that each human being views himself or herself at least as a participator in his/her history, and that he/she differentiates his/her current life priorities. The latter, however, is associated with the philosophic foundation of societies, and the truth is that the philosophic institution of neoteric times that we experience at present seems to exclude such a possibility.

A conceptual discussion is the approach.

Man should review once more his existence as an integral part of a spatial and chronological whole which transcends time and space in the so‐called contemporary “physical” life, and moreover, to regain awareness of the fact that he constitutes a catalytic factor in the creation of history or that he himself is the creator of (his) history. Furthermore, societies should reset collective goals as regards the spatial and chronological, i.e. historic, expansion of their scope and impact, as a requirement for this novel (novel in the context of our neoteric era) meaning of life. We believe that we are at the threshold of such a cultural change.

In the actual continuation, renaissance, recreation of history – where undoubtedly the demands of sustainability will be regarded a self‐evident priority – it is only natural that the practice of managing and designing space, as well as architectural practice itself, which will determine in the future the image of the urban environment and consequently thought itself, partake, and in particular, by playing a pivotal role.

The chapter examines and describes the impact of the Central American Free Trade Agreement (CAFTA-DR) environmental provisions and the UN Global Compact initiatives on environmental sustainability of member countries at a national level and at a firm level.

Composite indexes (Human Development Index, Ecological Footprint Index, and Biocapacity) are used to determine CAFTA-DR country level sustainability. Firm level sustainability is based on a qualitative survey of companies using the Global Reporting Initiative framework and UN Global Compact participation.

Based on the methodology used CAFTA-DR member countries cannot be considered environmentally sustainable. Despite the lack of integration between initiatives proposed by different institutions, firm level sustainability trends are positive and encouraging.

Free access to Ecological Footprint and Biocapacity scores is limited. The research focused on surveying CAFTA-DR and UN Global Compact sustainability initiatives. However, there are many other entities and institutions not included in this research that also encourage sustainability.

The need of a concerted effort to align different organizations and institutions regarding sustainability initiatives in the CAFTA-DR region is apparent.

CAFTA-DR includes environmental provisions that are complementary to the UN Global Compact environmental principle. The synergies between these initiatives should be actively explored.

The Anthropocene is commonly explained as a current epoch that began when human activities started bearing a major impact on the natural world. As an area of study, it has a logical disciplinary home, addressed widely in geology (Gibbard & Walker, 2014). However, it is also gaining traction in other disciplines, especially the social sciences (Bonneuil & Fressoz, 2017). In most accounts, it involves examining how the relationship between humans and the planet has changed and what can be done to monitor the balance.

Sustainability represents a more familiar challenge and discussion area in higher education. Nevertheless, two areas of questioning about it endure: what is sustainability and should students be taught about it? One established account is the “three-pillar model” which presents sustainability as an intersection of economic, social, and environmental issues (Brundtland Report, 1987). There are, however, different views as to how sustainability curriculum change should be implemented (Hopkinson, Hughes, & Layer, 2008; Stubbs & Schapper, 2011) but students appear to want sustainability better represented in their institutions (Drayson, Bone, Agombar, & Kemp, 2013).

This chapter considers whether the relatively recent focus on the Anthropocene can help us develop sustainability teaching in higher education. My project draws on desk-based research, comprising a review of academic sources on the Anthropocene and on sustainability, as well as teaching materials on these areas. The author also draws on five conversations with staff involved in teaching and researching the Anthropocene.

The outcomes point to some support for further teaching about the Anthropocene and in a way which links to sustainability, and the author argues that as a concept and proposition, the Anthropocene has important potential for informing future sustainability teaching. However, the relationship between the Anthropocene and sustainability needs exploring further in follow-up research with both staff and learners.

The purpose of this paper is to present an empirical analysis of the European Central Bank (ECB) deposit rate dynamics during 2014–2020, attempting to answer how deep could be cut further this rate without causing persistent yield curve inversions (YCI), i.e. lower yields for longer terms. It addresses the sustainability of the traditional banking and shows that inverted yield curves would require changing the banking-as-usual model to the government-guaranteed long-term-borrowing coupled with short-term-lending. This research poses the question of whether the banking sector should become a public utility.

The future scenarios of negative interest rate (NIR) behavior are modeled seeking to increase the understanding of NIR environment. Using an event-study design, empirical analyses of the ECB deposit rate cuts on the Euro Over-Night Index Average rates is performed at different maturities.

This study finds that, starting from the lower limit of 80 basis points below zero, the ECB deposit rate is likely to result in complete YCIs.

This paper evidences that moving rates into a more negative territory is likely to be completely counterproductive for banking industry, implying that banking at such conditions would become heavily dependent on governmental support. The results shed light on the interdependence of the banking business, financial monetary policy and welfare of the society, providing policymakers with empirically defined milestones for policy implementations.

This paper clarifies the impact of the ECB deposit rate on the overall shape of yield curves. The novelty of this research resides in investigation of YCI by simulating NIR dynamics.

Structural equation modelling (SEM) has increasingly been used by hospitality and tourism researchers to examine complex relationships. This paper aims to highlight the benefits and limitations of SEM for hospitality and tourism research and compare its two main approaches, i.e. covariance-based SEM (CB-SEM) and partial least squares-SEM (PLS-SEM).

By using a comparative approach, this study parallels SEM’s two main approaches, i.e. CB-SEM and PLS-SEM, using three different examples from hospitality and tourism industry. Both the approaches are compared side by side in terms of assumptions, validity and reliability of measurement models, item retention and loadings, strength and significance of path relationships and coefficient of determinations.

The findings show that even though both methods analyse measurement theory and structural path models, there are relatively higher advantages for hospitality and tourism researchers in applying PLS-SEM.

Because of the limitations of only using three examples, the results and trends generated in this study may not be generalized to all research in hospitality and tourism discipline. Moreover, the Likert scale has been used to measure the constructs in both the studies, which may have biased the results.

This study is the first to compare the usage of both the SEM approaches in hospitality and tourism research. The findings of this study provide significant implications and directions for hospitality and tourism researchers to apply PLS-SEM in the future.

The purpose of this paper is to identify the contributions of information systems (IS) for the evolutionary process of corporate environmental management by highlighting implications for big data research.

The authors conducted two case studies with Brazilian enterprises certified by ISO 14001, by conducting interviews, document analysis and direct observation. Implications for a research agenda on big data are also presented.

As results, the authors present the identification of the main contributions of IS for the evolution of environmental management in the studied cases. The authors found that advanced stage regarding IS may be considered a factor that implies a more effective environmental management.

The main contribution of this research consists of the presentation of a framework that identifies the support of IS for corporate environmental practices. By confirming the relation between IS and maturity levels of environmental management, the authors highlight that application of big data has the potential of boosting the relation between IS and corporate environmental management.

The main aim of this paper is to review the contribution made by this theme issue in responding to the strategic question: “How do we develop more sustainable and responsible rural tourism by benchmarking innovations and new practices in Asia?”

A content analysis of the papers was undertaken to learn from best practices within and outside Asia. Structured questions were used to enable the theme editors to reflect on the rationale for the theme issue question, the starting point and the nature of the contribution made by the writing team.

This summary highlights the most significant outcomes in terms of the contributions to knowledge and/or professional practice, and also the implications for management action and applied research arising from the review of best practices in Asian countries such as Malaysia, Indonesia, Thailand, The Philippines, Vietnam, Korea, India, China and Chinese Taipei. Some of the innovative approaches that can be adopted by Asia from non-Asian countries, namely, New Zealand, Australia, Canada, Lesotho and Poland, are also presented.

This paper outlines the challenges and new approaches needed in managing and developing rural tourism initiatives that have been established in other countries.

This paper explores the extent to which the lessons and innovative approaches discussed in this theme issue could be replicated and applied in countries that are developing rural tourism.