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Destination Governance: Using Corporate Governance Theories as a Foundation for Effective Destination Management

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abstract There is an ongoing debate on the performance of corporate versus community based destina-tion management models. New forms of integrated centrally managed destinations challenge the business models of traditional historically grown destinations driven by decentralized ownership. This paper analyses the contribution of corporate governance theories to the ex-planation of destination governance structures and evolution. With the help of six selected dimensions of corporate governance and the operationalisation through concrete items, twelve destinations in the Swiss Alps are analysed and assessed. Various destination governance forms and mechanisms reveal the context for conditions for success.
   
type journal paper
   
keywords destination governance, corporate governance, transaction cost theory, property rights theory, principal agent theory, network theory
   
language English
kind of paper journal article
date of appearance 1-8-2007
journal Journal of Travel Research
publisher Sage Publications (Thousand Oaks)
ISSN 0047-2875
ISSN (online) 1552-6763
volume of journal 46
number of issue 1
page(s) 96-107
review double-blind review
   
citation Beritelli, P., Bieger, T., & Laesser, C. (2007). Destination Governance: Using Corporate Governance Theories as a Foundation for Effective Destination Management. Journal of Travel Research, 46(1), 96-107.