Models for Managing Stakeholder Interaction at Transnational Corporations in the Tourism and Hospitality Sector
Pysarevskyi I. M., Kraynyuk L. M., Polchaninova I. L., Pokolodna M. M.

Pysarevskyi, Illia M. et al. (2020) “Models for Managing Stakeholder Interaction at Transnational Corporations in the Tourism and Hospitality Sector.” The Problems of Economy 4:187–194.
https://doi.org/10.32983/2222-0712-2020-4-187-194

Section: Economics and Enterprise Management

UDC 338.48-6:615.8

Abstract:
The article focuses on the relationship among the management of transnational corporations in the tourism and hospitality sector; on a fair balance of interest; and on communication with stakeholders. The study aims at analyzing, generalizing and systematizing various models of managing interaction among the stakeholders of transnational corporations in the tourism and hospitality sector by sharing the functions of management and control among them. The subject of the study is the organizational and economic relations that arise in the process of controlling interaction between the management of transnational corporations in the tourism and hospitality sector and all the stakeholders. To work out the problem, various methodological approaches were used, including the systemic approach, methods of logical and comparative analysis, and theoretical approaches to managing and modeling social systems and organizational structures. As a result, it has been found out that the management models of stakeholder interaction at transnational corporations in the tourism and hospitality sector have evolved, from the standpoint of exclusive attention to investors and related economic expectations, to the acceptance of commitment to increasing the significance of all the parties concerned and taking over global (economic, social and environmental) responsibility/ The research materials and its practical conclusions can be used: in the work of authorities at the macro- and meso-levels when developing variants for managing interaction among the stakeholders of transnational corporations in the process of regulating direct investment, program and forecast and project design, development strategies for macro- and meso-economic entities in the tourism and hospitality sector; in the activity of international tour operators, hotel and restaurant chains and networks interested in improving their efficiency.

Keywords: model of interaction management, stakeholder expectations, tourism and hospitality sector, transnational corporations

Fig.: 1. Bibl.: 17.

Pysarevskyi Illia M. – Doctor of Sciences (Economics), Professor, Professor, Department of Tourism and Hospitality, O. M. Beketov National University of Urban Economy in Kharkiv (17 Marshala Bazhanova Str., Kharkіv, 61002, Ukraine)
Email: Illya.Pisarevskiy@kname.edu.ua
Kraynyuk Lyudmila M. – Candidate of Sciences (Engineering), Professor, Professor, Department of Tourism and Hospitality, O. M. Beketov National University of Urban Economy in Kharkiv (17 Marshala Bazhanova Str., Kharkіv, 61002, Ukraine)
Email: Liudmyla.Krainiuk@kname.edu.ua
Polchaninova Iryna L. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Tourism and Hospitality, O. M. Beketov National University of Urban Economy in Kharkiv (17 Marshala Bazhanova Str., Kharkіv, 61002, Ukraine)
Email: Irina.polchaninova@kname.edu.ua
Pokolodna Mariya M. – Candidate of Sciences (Geography), Associate Professor, Associate Professor, Department of Tourism and Hospitality, O. M. Beketov National University of Urban Economy in Kharkiv (17 Marshala Bazhanova Str., Kharkіv, 61002, Ukraine)
Email: Mariya.Pokolodna@kname.edu.ua

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