Don’t bank on it: Delineating the relationship between corporate social responsibility and retail banking affinity

This research examines the extent to which the moderating variable of awareness influences the relationship between Corporate Social Responsibility beliefs and consumers’ attitudes towards their banks, and whether this significantly affects their willingness to recommend the company. The research wa...

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Main Authors: J. Beneke, N. Wannke, E. Pelteret, T. Tladi, D. Gordon
Format: Article
Language:English
Published: AOSIS 2012-03-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/175
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author J. Beneke
N. Wannke
E. Pelteret
T. Tladi
D. Gordon
author_facet J. Beneke
N. Wannke
E. Pelteret
T. Tladi
D. Gordon
author_sort J. Beneke
collection DOAJ
description This research examines the extent to which the moderating variable of awareness influences the relationship between Corporate Social Responsibility beliefs and consumers’ attitudes towards their banks, and whether this significantly affects their willingness to recommend the company. The research was limited to the four major South African retail banks. The study finds that consumers’ attitudes do not, in fact, mediate the relationship between CSR beliefs and willingness to recommend. However, a direct positive relationship appears to exist between attitude and willingness to recommend. The authors find that a superficial awareness of CSR initiatives has minimal impact on their behaviour. Whilst an increased intimate knowledge of their CSR activities may thus lead to business rewards, banks should focus on their core offerings as consumers see CSR as an added benefit.
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spelling doaj.art-9df30c0898544ef8893ed82da96927ae2022-12-22T01:49:08ZengAOSISSouth African Journal of Business Management2078-55852078-59762012-03-01431455610.4102/sajbm.v43i1.175164Don’t bank on it: Delineating the relationship between corporate social responsibility and retail banking affinityJ. Beneke0N. Wannke1E. Pelteret2T. Tladi3D. Gordon4School of Management Studies, Leslie Commerce Building, University of Cape TownSchool of Management Studies, Leslie Commerce Building, University of Cape TownSchool of Management Studies, Leslie Commerce Building, University of Cape TownSchool of Management Studies, Leslie Commerce Building, University of Cape TownSchool of Management Studies, Leslie Commerce Building, University of Cape TownThis research examines the extent to which the moderating variable of awareness influences the relationship between Corporate Social Responsibility beliefs and consumers’ attitudes towards their banks, and whether this significantly affects their willingness to recommend the company. The research was limited to the four major South African retail banks. The study finds that consumers’ attitudes do not, in fact, mediate the relationship between CSR beliefs and willingness to recommend. However, a direct positive relationship appears to exist between attitude and willingness to recommend. The authors find that a superficial awareness of CSR initiatives has minimal impact on their behaviour. Whilst an increased intimate knowledge of their CSR activities may thus lead to business rewards, banks should focus on their core offerings as consumers see CSR as an added benefit.https://sajbm.org/index.php/sajbm/article/view/175
spellingShingle J. Beneke
N. Wannke
E. Pelteret
T. Tladi
D. Gordon
Don’t bank on it: Delineating the relationship between corporate social responsibility and retail banking affinity
South African Journal of Business Management
title Don’t bank on it: Delineating the relationship between corporate social responsibility and retail banking affinity
title_full Don’t bank on it: Delineating the relationship between corporate social responsibility and retail banking affinity
title_fullStr Don’t bank on it: Delineating the relationship between corporate social responsibility and retail banking affinity
title_full_unstemmed Don’t bank on it: Delineating the relationship between corporate social responsibility and retail banking affinity
title_short Don’t bank on it: Delineating the relationship between corporate social responsibility and retail banking affinity
title_sort don t bank on it delineating the relationship between corporate social responsibility and retail banking affinity
url https://sajbm.org/index.php/sajbm/article/view/175
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AT epelteret dontbankonitdelineatingtherelationshipbetweencorporatesocialresponsibilityandretailbankingaffinity
AT ttladi dontbankonitdelineatingtherelationshipbetweencorporatesocialresponsibilityandretailbankingaffinity
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