Recreation, Parks and Tourism Administration Commons^™

Sustainable Heritage Tourism: A Tourist-Oriented Approach For Managing Petra Archaeological Park, Jordan, Mohammad Alazaizeh

All Dissertations

Although sustainability of heritage tourism has become a major concern from the perspectives of both academics and practitioners, the majority of research and studies have tended to understand the cultural and educational issues of heritage tourism rather than focusing on the application of sustainability in a practical context. To achieve sustainability in heritage tourism, heritage sites should be managed effectively in a way that ensures preservation of heritage resources and provides quality experiences to the tourists. Traditionally, heritage tourism planning and management relied on a top-down, professional-led approach that ignores the interests of different stakeholders (e.g., heritage tourists) in heritage …

The Effects Of Acquisition On Restaurant Firms’ Performance: Different-Sector Versus Same-Sector Acquisitions, Yongjin Lee

Open Access Theses

This study examines the postacquisition accounting performance of acquiring firms in the restaurant industry between 1992 and 2012. Specifically, this study investigates the effects of different-sector and same-sector restaurants acquisitions between full-service and limited-service restaurants on restaurant firms' performance. Additionally, the Wilcoxon signed-rank test and regression model are used to examine return on assets (ROA) and return on equity (ROE) for the accounting performance of the acquiring restaurants.

The ROA and ROE reveal that the profitability is significantly negative up to 5 years after firms are acquired. However, negative effects are strongest within the first year after acquisition and decrease …