{"title":"When less is more: The numerical format effect of tourism corporate donations","authors":"Jihao Hu , Nan (Iris) Xue , Lisa C. Wan","doi":"10.1016/j.annals.2024.103864","DOIUrl":null,"url":null,"abstract":"<div><div>Corporate philanthropy has been demonstrated as the most effective corporate social responsibility (CSR) strategy for tourism companies to enhance their reputation and competitiveness, especially beyond a crisis (e.g., COVID-19). However, little is known about the factors that make tourism corporate donations more effective in generating positive consumer reactions. Across three experiments, this research shows that consumers tend to respond more favorably to a donation amount presented in a rounded format (e.g., $500,000) than a precise one (e.g., $501,327) because a rounded numerical format triggers individuals' higher levels of other-praising affective reactions (Studies 1 and 2). However, this effect does not hold for small-sized firms (Study 3). The research offers novel theoretical implications for tourism corporate philanthropy and insights for managers.</div></div>","PeriodicalId":48452,"journal":{"name":"Annals of Tourism Research","volume":"110 ","pages":"Article 103864"},"PeriodicalIF":10.4000,"publicationDate":"2024-11-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Annals of Tourism Research","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0160738324001415","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"HOSPITALITY, LEISURE, SPORT & TOURISM","Score":null,"Total":0}
引用次数: 0
Abstract
Corporate philanthropy has been demonstrated as the most effective corporate social responsibility (CSR) strategy for tourism companies to enhance their reputation and competitiveness, especially beyond a crisis (e.g., COVID-19). However, little is known about the factors that make tourism corporate donations more effective in generating positive consumer reactions. Across three experiments, this research shows that consumers tend to respond more favorably to a donation amount presented in a rounded format (e.g., $500,000) than a precise one (e.g., $501,327) because a rounded numerical format triggers individuals' higher levels of other-praising affective reactions (Studies 1 and 2). However, this effect does not hold for small-sized firms (Study 3). The research offers novel theoretical implications for tourism corporate philanthropy and insights for managers.
期刊介绍:
The Annals of Tourism Research is a scholarly journal that focuses on academic perspectives related to tourism. The journal defines tourism as a global economic activity that involves travel behavior, management and marketing activities of service industries catering to consumer demand, the effects of tourism on communities, and policy and governance at local, national, and international levels. While the journal aims to strike a balance between theory and application, its primary focus is on developing theoretical constructs that bridge the gap between business and the social and behavioral sciences. The disciplinary areas covered in the journal include, but are not limited to, service industries management, marketing science, consumer marketing, decision-making and behavior, business ethics, economics and forecasting, environment, geography and development, education and knowledge development, political science and administration, consumer-focused psychology, and anthropology and sociology.