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Corporate social responsibility: impacts on strategic marketing and customer value
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Piercy, Nigel F. and Lane, Nikala (2009) Corporate social responsibility: impacts on strategic marketing and customer value. Marketing Review, Vol.9 (No.4). pp. 335-360. doi:10.1362/146934709X479917 ISSN 1469-347X.
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Official URL: http://dx.doi.org/10.1362/146934709X479917
Abstract
Corporate social responsibility (CSR) has impacted on the policies and behaviours of companies throughout the world. However, relatively little attention has been devoted to the link between CSR and strategic marketing. The impact of CSR initiatives on customer and other stakeholder relationships is key to performance improvement. It is also important to recognise that CSR initiatives may achieve undesirable effects and that barriers exist to their effective implementation. We provide a framework examining the degree and type of corporate response to CSR imperatives and the moderating effects of employee/manager perceptions, other stakeholder perceptions, and the company's social credibility. We examine the impact of CSR on customer value, and importantly the need for a resonating value proposition that underlines how a supplier's CSR adds value for the customer. We conclude with a new management agenda for marketing strategy that examines CSR opportunities and risks.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management | ||||
Divisions: | Faculty of Social Sciences > Warwick Business School > Marketing & Strategic Management Faculty of Social Sciences > Warwick Business School |
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Journal or Publication Title: | Marketing Review | ||||
Publisher: | Westburn Publishers Ltd. | ||||
ISSN: | 1469-347X | ||||
Official Date: | 2009 | ||||
Dates: |
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Volume: | Vol.9 | ||||
Number: | No.4 | ||||
Number of Pages: | 26 | ||||
Page Range: | pp. 335-360 | ||||
DOI: | 10.1362/146934709X479917 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Restricted or Subscription Access |
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