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Exploring the impact of horizontal collectivism on creating shared value actions: a study on brand attitude, purchase intention, and social corporate engagement

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Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Purpose: This study aimed to investigate the impact of collectivism and individualism dimensions, both horizontal and vertical, on shared value actions, specifically within the realms of brand attitude, purchase intention, and social corporate engagement. Design/methodology/approach: An online survey, distributed through an external portal, was employed for data collection with a sample size of 366 participants from the USA. Subsequently, structural equation modeling (SEM) was applied to analyze the gathered data. Findings: It has been established that horizontal collectivism holds significant importance in the decision-making process regarding participation in Creating Shared Value (CSV) actions and can influence individual behaviors and additional purchase activities. Research limitations/implications: Given the study's focus on a specific demographic, extending the research to diverse cultural contexts may offer valuable insights into the generalizability of the results. Practical implications: The identified significance of horizontal collectivism in shaping decision-making processes and influencing behaviors presents practical implications for business experts seeking to enact changes in their enterprises. Recognizing the pivotal role of horizontal collectivism can guide strategic initiatives aimed at fostering shared value actions within organizations. Conversely, the insignificance of horizontal individualism highlights the need for businesses to focus on collective values and collaboration when implementing initiatives related to shared value. Originality/value: The research problem addressed in this paper is an intriguing topic for discussion in a business context, given the increasing influence of Corporate Social Responsibility (CSR) initiatives and the growing number of companies engaging in environmental and social activities. Consumers are becoming increasingly conscious during the decision-making process, and their consumption choices are becoming more sustainable and environmentally friendly. This trend will inevitably necessitate business decision-makers and producers to conduct new market analyses and, at times, redefine the goals or entire strategies of their companies, both now and in the future.
Rocznik
Tom
Strony
371--384
Opis fizyczny
Bibliogr. 28 poz.
Bibliografia
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  • 11. Jin, C.H. (2018). The effects of creating shared value (CSV) on the consumer self-brand connection: Perspective of sustainable development. Corporate Social Responsibility and Environmental Management, 25(6), 1246-1257.
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  • 13. Koo, J., Baek, S., Kim, S. (2019). The effect of personal value on CSV (creating shared value). Journal of Open Innovation: Technology, Market, and Complexity, 5 (2), 34.
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  • 18. Menghwar, P.S., Daood, A. (2021). Creating shared value: A systematic review, synthesis and integrative perspective. International Journal of Management Reviews, 23(4), 466-485.
  • 19. Moon, C., Travaglino, G.A., Uskul, A.K. (2018). Social value orientation and endorsement of horizontal and vertical individualism and collectivism: An exploratory study comparing individuals from North America and South Korea. Frontiers in psychology, 9, 2262.
  • 20. Park, K.O. (2020). How CSV and CSR affect organizational performance: A productive behavior perspective. International Journal of Environmental Research and Public Health, 17(7), 2556.
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Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-cd219afe-1b57-4f62-bd24-cf6249048ea0
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