A study on the influence of corporate social responsibility on brand equity among Singaporeans.

With the rising trend of Corporate Social Responsibility (CSR) globally, it is important for companies to understand the effects that CSR policies can have on their brand equity. The extant research has studied the relationship between CSR and brand equity among western consumers to some extent but...

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Main Authors: Ngui, Jia Min., Lee, Jackson Ting Zhang., Chua, Roxanne Wan Xuan.
Other Authors: Benjamin Kartono
Format: Final Year Project (FYP)
Language:English
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10356/48312
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author Ngui, Jia Min.
Lee, Jackson Ting Zhang.
Chua, Roxanne Wan Xuan.
author2 Benjamin Kartono
author_facet Benjamin Kartono
Ngui, Jia Min.
Lee, Jackson Ting Zhang.
Chua, Roxanne Wan Xuan.
author_sort Ngui, Jia Min.
collection NTU
description With the rising trend of Corporate Social Responsibility (CSR) globally, it is important for companies to understand the effects that CSR policies can have on their brand equity. The extant research has studied the relationship between CSR and brand equity among western consumers to some extent but there is a lack of such research in the Asian context. This paper examines the effects that a company’s CSR activities can have on its brand equity among Singaporean consumers. We study how CSR policies in applicable to customers, environment and the suppliers affect brand equity and its specific domains using the model established by Aaker (1991). We also examine the role that scepticism has in moderating the effect of CSR on brand equity. We generated a number of hypotheses from a careful review of the literature and collected data for the study via an online survey and analysed the results using the appropriate statistical methods. Most of our findings support our hypotheses and we found that CSR policies do have a positive effect on brand equity among Singaporean consumers. The different areas of CSR have varying effects on the specific brand equity domains but generally, CSR policies that apply to customers have the strongest effect on increasing overall brand equity as well as most of the specific brand equity domains among Singaporean consumers. Counter-intuitively, scepticism does not have a moderating effect on the effect CSR has on brand equity among Singaporeans. This deviation is largely attributed to the fact that scepticism can have both positive and negative effects depending on the specific brand equity domain in question. By understanding the effects that CSR policies have on brand equity and its specific domains, companies can employ suitable methods to highlight certain areas of their CSR policies to achieve specific marketing objectives in the Singapore market.
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spelling ntu-10356/483122023-05-19T05:45:01Z A study on the influence of corporate social responsibility on brand equity among Singaporeans. Ngui, Jia Min. Lee, Jackson Ting Zhang. Chua, Roxanne Wan Xuan. Benjamin Kartono Nanyang Business School The Body Shop DRNTU::Business::Marketing DRNTU::Business::Management::Social responsibility With the rising trend of Corporate Social Responsibility (CSR) globally, it is important for companies to understand the effects that CSR policies can have on their brand equity. The extant research has studied the relationship between CSR and brand equity among western consumers to some extent but there is a lack of such research in the Asian context. This paper examines the effects that a company’s CSR activities can have on its brand equity among Singaporean consumers. We study how CSR policies in applicable to customers, environment and the suppliers affect brand equity and its specific domains using the model established by Aaker (1991). We also examine the role that scepticism has in moderating the effect of CSR on brand equity. We generated a number of hypotheses from a careful review of the literature and collected data for the study via an online survey and analysed the results using the appropriate statistical methods. Most of our findings support our hypotheses and we found that CSR policies do have a positive effect on brand equity among Singaporean consumers. The different areas of CSR have varying effects on the specific brand equity domains but generally, CSR policies that apply to customers have the strongest effect on increasing overall brand equity as well as most of the specific brand equity domains among Singaporean consumers. Counter-intuitively, scepticism does not have a moderating effect on the effect CSR has on brand equity among Singaporeans. This deviation is largely attributed to the fact that scepticism can have both positive and negative effects depending on the specific brand equity domain in question. By understanding the effects that CSR policies have on brand equity and its specific domains, companies can employ suitable methods to highlight certain areas of their CSR policies to achieve specific marketing objectives in the Singapore market. BUSINESS 2012-04-04T08:52:33Z 2012-04-04T08:52:33Z 2012 2012 Final Year Project (FYP) http://hdl.handle.net/10356/48312 en Nanyang Technological University 58 p. application/pdf
spellingShingle DRNTU::Business::Marketing
DRNTU::Business::Management::Social responsibility
Ngui, Jia Min.
Lee, Jackson Ting Zhang.
Chua, Roxanne Wan Xuan.
A study on the influence of corporate social responsibility on brand equity among Singaporeans.
title A study on the influence of corporate social responsibility on brand equity among Singaporeans.
title_full A study on the influence of corporate social responsibility on brand equity among Singaporeans.
title_fullStr A study on the influence of corporate social responsibility on brand equity among Singaporeans.
title_full_unstemmed A study on the influence of corporate social responsibility on brand equity among Singaporeans.
title_short A study on the influence of corporate social responsibility on brand equity among Singaporeans.
title_sort study on the influence of corporate social responsibility on brand equity among singaporeans
topic DRNTU::Business::Marketing
DRNTU::Business::Management::Social responsibility
url http://hdl.handle.net/10356/48312
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