Corporate social responsibility as a determinant of the consumer's purchase intention: an analysis through modeling with structural equations

Authors

DOI:

https://doi.org/10.22267/rtend.202102.138

Keywords:

purchase intention, consumer, sustainability, corporate social responsibility, multivariate models

Abstract

Consumers are changing their preferences and purchasing priorities in attention to the implementation of Corporate Social Responsibility (CSR) practices seen from the social, environmental and economic dimensions, seeking to minimize the negative impact that organizations can generate in their environment. Hence, the objective of this article is to analyze the relationship between the three dimensions of CSR and its influence on the purchase intention of consumers. For this purpose, 107 self-administered online surveys were conducted, from which 20 observable variables, 3 endogenous latent variables and 1 exogenous one were obtained. The modeling was done with structural equations (SEM). The findings suggest that the CSR activities carried out by an organization and that are related to social, environmental and economic issues are positively associated with the intention to purchase, however, the relationship with the economic dimension was found not as strong as with the first two.

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Author Biographies

Saudi Yulieth Enciso Alfaro, Universidad Militar Nueva Granada

Contador Público, Universidad Militar Nueva Granada. Auxiliar de investigación adscrita al proyecto de investigación INV-ECO- 2969, Universidad Militar Nueva Granada. E-mail: u2303316@unimilitar.edu.co, Colombia.

Liliana Elizabeth Ruiz Acosta, Universidad Militar Nueva Granada

Magíster en Gestión Empresarial, Universidad Libre. Docente de tiempo completo, Universidad Militar Nueva Granada. E-mail: liliana.ruiz@unimilitar.edu.co, Colombia.

David Andrés Camargo Mayorga, Universidad Militar Nueva Granada

Magíster en Economía, Pontificia Universidad Javeriana. Magister en Educación, Universidad Militar Nueva Granada. Docente de tiempo completo, Universidad Militar Nueva Granada. E-mail: david.camargo@unimilitar.edu.co, Colombia.

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Published

2020-10-21

How to Cite

Enciso Alfaro, S. Y., Ruiz Acosta, L. E., & Camargo Mayorga, D. A. (2020). Corporate social responsibility as a determinant of the consumer’s purchase intention: an analysis through modeling with structural equations. Tendencias, 21(2), 1–18. https://doi.org/10.22267/rtend.202102.138

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