Reconstruction: Key to Social Responsibility Risk Assessment for Tourism Investment Projects

Abstract

The strategy of investing large-scale tourism projects abroad has become one of the most important strategies for China to help developing countries to improve their people’s livelihood, provide assistance and practice China’s international responsibility. The proposal and implementation of the Belt and Road Initiative (B&R for short) provides an opportunity for the rapid development of China’s large-scale tourism investment project abroad. Current research on investment risks mainly focuses on economic ones, while social responsibility risk is far less discussed. There are even fewer risk studies based on the International Organization for Standardization (ISO) 26000 Guidance on Social Responsibility, not to mention a systematic evaluation and quantitative analysis of social responsibility risk of B&R large-scale tourism investment project abroad. Based on the six core subjects and 35 issues listed in ISO 26000 Guidance on Social Responsibility, with the method of the analytic hierarchy process, this paper fixes and sorts the evaluation indexes of social responsibility risk, so as to reconstruct the assessment for social responsibility risk of large-scale tourism investment project abroad. This assessment consists of three first-level value dimensions, nine second-level value dimensions and 21 third-level value dimensions. The results show: in the social responsibility risk assessment for B&R large-scale tourism projects abroad, stress should be put not only on project implementation and project selection, but also on project follow-up management. Among the 21 third-level dimensions, top 10 dominant indexes are listed in turn as follows: dispute treatment, 0.0727, community environment 0.0610, education and awareness 0.0529, community participation 0.0499, skills and technology 0.0426, union organizations 0.0193, vulnerable groups 0.0168, respect for property rights 0.0163, ecological restoration 0.0160, and work environment condition 0.0156.