THE IMPACT OF CREATING SHARED VALUE ON PURCHASE INTENTION AND RECOMMENDATION INTENTION: A STUDY IN VIETNAM

Creating shared value (CSV) has been predicted as the next evolution of corporate social responsibility. Companies that follow the CSV approach integrate economic, societal, and environmental objectives in their strategy to pursue sustainability and competitive advantages. This study investigates th...

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Main Authors: Ha Thu Nguyen, Phong Lam Le
Format: Article
Language:English
Published: Dalat University 2022-08-01
Series:Tạp chí Khoa học Đại học Đà Lạt
Subjects:
Online Access:https://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/971
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author Ha Thu Nguyen
Phong Lam Le
author_facet Ha Thu Nguyen
Phong Lam Le
author_sort Ha Thu Nguyen
collection DOAJ
description Creating shared value (CSV) has been predicted as the next evolution of corporate social responsibility. Companies that follow the CSV approach integrate economic, societal, and environmental objectives in their strategy to pursue sustainability and competitive advantages. This study investigates the effects of CSV contributions (which are framed as economic, social, and environmental contributions) on brand attitude, and then the effects of brand attitude on consumer purchase and recommendation intentions. This research also examines the moderating role of perceived personal relevance on the relationships between economic, social, and environmental contributions and brand attitude. The proposed model was empirically tested on a sample of 234 consumers in a metropolitan city in Vietnam. The results confirm that positive links exist between the three CSV contributions and brand attitude as well as between brand attitude and consumer intentions of purchasing and recommending. The study also finds that perceived personal relevance moderates the effect of environmental contribution on brand attitude. These effects help us better understand previous findings in the literature regarding the influence of CSV on consumer intentions and enrich the limited CSV research. Moreover, this study also provides managerial suggestions for companies in making their CSV decisions.
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spelling doaj-art-15062c42607d4c47856f4b743832383d2025-02-03T03:29:35ZengDalat UniversityTạp chí Khoa học Đại học Đà Lạt0866-787X2022-08-01264110.37569/DalatUniversity.12.4S.971(2022)1026THE IMPACT OF CREATING SHARED VALUE ON PURCHASE INTENTION AND RECOMMENDATION INTENTION: A STUDY IN VIETNAMHa Thu Nguyen0Phong Lam Le1Dalat UniversityDalat UniversityCreating shared value (CSV) has been predicted as the next evolution of corporate social responsibility. Companies that follow the CSV approach integrate economic, societal, and environmental objectives in their strategy to pursue sustainability and competitive advantages. This study investigates the effects of CSV contributions (which are framed as economic, social, and environmental contributions) on brand attitude, and then the effects of brand attitude on consumer purchase and recommendation intentions. This research also examines the moderating role of perceived personal relevance on the relationships between economic, social, and environmental contributions and brand attitude. The proposed model was empirically tested on a sample of 234 consumers in a metropolitan city in Vietnam. The results confirm that positive links exist between the three CSV contributions and brand attitude as well as between brand attitude and consumer intentions of purchasing and recommending. The study also finds that perceived personal relevance moderates the effect of environmental contribution on brand attitude. These effects help us better understand previous findings in the literature regarding the influence of CSV on consumer intentions and enrich the limited CSV research. Moreover, this study also provides managerial suggestions for companies in making their CSV decisions.https://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/971brand attitudecreating shared valueperceived personal relevancepurchase intentionrecommendation intention.
spellingShingle Ha Thu Nguyen
Phong Lam Le
THE IMPACT OF CREATING SHARED VALUE ON PURCHASE INTENTION AND RECOMMENDATION INTENTION: A STUDY IN VIETNAM
Tạp chí Khoa học Đại học Đà Lạt
brand attitude
creating shared value
perceived personal relevance
purchase intention
recommendation intention.
title THE IMPACT OF CREATING SHARED VALUE ON PURCHASE INTENTION AND RECOMMENDATION INTENTION: A STUDY IN VIETNAM
title_full THE IMPACT OF CREATING SHARED VALUE ON PURCHASE INTENTION AND RECOMMENDATION INTENTION: A STUDY IN VIETNAM
title_fullStr THE IMPACT OF CREATING SHARED VALUE ON PURCHASE INTENTION AND RECOMMENDATION INTENTION: A STUDY IN VIETNAM
title_full_unstemmed THE IMPACT OF CREATING SHARED VALUE ON PURCHASE INTENTION AND RECOMMENDATION INTENTION: A STUDY IN VIETNAM
title_short THE IMPACT OF CREATING SHARED VALUE ON PURCHASE INTENTION AND RECOMMENDATION INTENTION: A STUDY IN VIETNAM
title_sort impact of creating shared value on purchase intention and recommendation intention a study in vietnam
topic brand attitude
creating shared value
perceived personal relevance
purchase intention
recommendation intention.
url https://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/971
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