From perceptual corporate sustainability to customer loyalty: a multi-sectorial investigation in a developing country

Journal Title: Economic Research-Ekonomska Istraživanja - Year 2018, Vol 31, Issue 1

Abstract

The purpose of this paper is to investigate the impact of customer-based perceptual corporate sustainability on customer loyalty in a comparative manner, in four important industries (mobile telecommunications services, retail banking services, dairy products and personal care products) in a developing country. A consumer survey was implemented among a sample of 1464 consumers from the urban area of a developing European country. Our research reveals that customer-based perceptual corporate sustainability significantly and positively impacts customer loyalty in all investigated industries, with a stronger impact in retail banking services and a lower one in the case of personal care products. The research identifies those perceptual corporate sustainability dimensions which significantly impact customer loyalty and on which companies should focus within their marketing communication in order to increase customer loyalty. The paper brings relevant multi-sectorial insights, filling a regional knowledge gap, in the particular socio-cultural and economic context of a developing country, and thinking forward the general theoretical knowledge regarding the relationship between customer loyalty and perceptual corporate sustainability as complex constructs. Moreover, by using a quasi-exhaustive manner to conceptualise corporate sustainability, this paper complements previous research on the topic, in which corporate sustainability was constructed narrowly, within limited conceptual frameworks.

Authors and Affiliations

Ovidiu-Ioan Moisescu

Keywords

Related Articles

Does rule of law support the capital market?

By using data for 45 countries, for a time span between 2009 and 2014, the present paper supports the thesis of a positive and significant correlation between the rule of law and capital market development. In order to a...

Performance sensitivity of executive pay: the role of ownership structure, board leadership structure and board characteristics

This study first investigates the effect of firm performance on executive pay in listed firms in Turkey, an emerging market from 2009 to 2013. The results reveal a positive and significant link between firm profitability...

Stress and burnout of human resources at the level of Mehedinti County – Romania organisations

The evolution of human society as a whole has generated, in addition to the positive aspects (growth of living standards, improving communication, easy access to breakthrough technologies and information, etc.), a number...

Women’s skills and career advancement: a review of gender (in)equality in an accounting workplace

This paper examines the effects of organizational culture, society, and masculinity on women’s skills in accounting workplaces and the influences of workplace norms, culture, and organizational structure on women’s leade...

Multiple criteria decision-making KEMIRA-M method for solution of location alternatives

Choice of location in many cases is a key factor setting up a new business object. In this article the KEMIRA-M method is proposed to establish priority of criteria and determine criteria weights. Weighted sum of criteri...

Download PDF file
  • EP ID EP507390
  • DOI 10.1080/1331677X.2017.1421998
  • Views 43
  • Downloads 0

How To Cite

Ovidiu-Ioan Moisescu (2018). From perceptual corporate sustainability to customer loyalty: a multi-sectorial investigation in a developing country. Economic Research-Ekonomska Istraživanja, 31(1), 55-72. https://europub.co.uk/articles/-A-507390