The Significance of CSR During COVID-19 Pandemic in the Luxury Fashion Industry - A Front-Line Case Study
Eva Daniela Cvik and
Radka MacGregor Pelikánová
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Eva Daniela Cvik: Czech University of Life Sciences, Prague, Czech Republic
Radka MacGregor Pelikánová: Metropolitan University Prague, Czech Republic
European Journal of Business Science and Technology, 2021, vol. 7, issue 1, 109-126
Abstract:
COVID-19 has dramatically changed the economic scenery. Despite the austerity measures and decreasing resources, it might lead to an increase of the significance of Corporate Social Responsibility (CSR) as the key for sustainable growth and prosperity. The luxury fashion industry is known for its lavish commitment to CSR as expressed by owners and top management. However, the bottom perception is unclear. A longitudinal front-line case study of the perception of the significance of CSR by the low management and customers allows for filling in this vacuum and to comparatively assess the annual evolution from December 2019 to November 2020. The holistic Meta-Analysis using informal open-interview and mystery shopping techniques and the investigative questionnaire with the Pearson Chi-squared test reveals a fragmented and only slightly raised significance of the CSR by the low management and customers. This disappointing finding has inherent limitations and calls for further studies.
Keywords: corporate social responsibility (CSR); luxury fashion; case study (search for similar items in EconPapers)
JEL-codes: D01 I31 K20 L21 M14 M53 Q01 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:men:journl:v:7:y:2021:i:1:p:109-126
DOI: 10.11118/ejobsat.2021.005
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