Paper #1209

Título:

Generating global brand equity through corporate social responsibility to key stakeholders

Autores:

Anna Torres, Tammo H. A. Bijmolt, Josep A. Tribó y Peter Verhoef

Fecha:

Febrero 2010

Resumen:

In this paper we argue that corporate social responsibility (CSR) to various stakeholders (customers, shareholders, employees, suppliers, and community) has a positive effect on global brand equity (BE). In addition, policies aimed at satisfying community interests help reinforce credibility to social responsible polices with other stakeholders. We test these theoretical contentions using panel data comprised of 57 global brands originating from 10 countries (USA, Japan, South Korea, France, UK, Italy, Germany, Finland, Switzerland and the Netherlands) for the period 2002 to 2008. Our findings show that CSR to each of the stakeholder groups has a positive impact on global BE. In addition, global brands that follow local social responsibility policies over communities obtain strong positive benefits in terms of the generation of BE, as it enhances the positive effects of CSR to other stakeholders, particularly to customers. Therefore, for managers of global brands it is particularly productive for generating brand value to combine global strategies with the satisfaction of the interests of local communities.

Palabras clave:

Global Brands, Brand Equity, Corporate Social Responsibility, Stakeholders.

Área de investigación:

Dirección de Empresa y Estudios de las Organizaciones / Estadística, Econometría y Métodos Cuantitativos

Publicado en:

International Journal of Research in Marketing (special issue on Global Brand Management), Vol. 29(1), March 2012, pp. 13-24

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