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Tourism & Management Studies
Print version ISSN 2182-8458
Abstract
MACHADO, Virgílio Miguel Rodrigues. Corporate governance and tourism: application to the legal system of regional tourism entities in Portugal. TMStudies [online]. 2015, vol.11, n.2, pp.57-63. ISSN 2182-8458. https://doi.org/10.18089/tms.2015.11207.
The legal and scientific doctrine on government systems applied to tourism organizations lacks research. These systems, internationally designated as corporate governance, are important for analyzing the robustness and efficiency of organizations. The Portuguese legal system of Regional Tourism Entities, created by Law 33/2013 of 16 May is here studied in the light of the principles and standards of corporate governance. We conclude that the Law emphasizes constitutional bindings of technical rationality and administrative unit, but devalues the principles of decentralization, participatory democracy and financial autonomy, which may affect the viability of corporate governance in tourism organizations.
Keywords : System; Governance; Organization; Triangulation; Tourism.