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Exploring companies' domains of responsibility and level of importance: the consumers' perspective of Corporate Social Responsibility (CSR)
Since consumers' perspective regarding Corporate Social Responsibility (CSR) activities can be different from that of the companies, we thus empirically test consumers' evaluations of different CSR activities and their relative importance through consumer loyalty towards a company. In particular, the study focused on companies’ CSR activities in energy facility development (geothermal energy) to carry out a questionnaire survey among around 1500 consumers located in BRICS capital cities – i.e. Brazil, Russia, India, China, South Africa. By adopting the rologit model, the study highlighted that CSR activities considering the impact of companies’ operations on local communities had the highest relative importance for consumers. Companies can also gain strategic advantages when performing CSR activities that avoid impacts on the environment and ensure reliable communications. This study contributes to the literature on CSR-consumer binomial by taking the perspective of consumers in evaluating different areas of responsibility of CSR and related activities.
- University of Perugia Italy
Sustainability, Corporate social responsibility (CSR), cross-cultural differences, companies' CSR domains, consumer behaviour, consumer loyalty
Sustainability, Corporate social responsibility (CSR), cross-cultural differences, companies' CSR domains, consumer behaviour, consumer loyalty
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).0 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Average influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Average impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Average
