Do corporate social responsibility and corporate image influence performance of the financial sector?
Collins Kankam-Kwarteng (),
George Nana Agyekum Donkor (),
Francis Osei () and
Ofosu Amofah ()
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Collins Kankam-Kwarteng: Kumasi Technical University
George Nana Agyekum Donkor: ECOWAS Bank for Investment and Development
Francis Osei: Kumasi Technical University
Ofosu Amofah: Ho Technical University
Journal of Financial Services Marketing, 2024, vol. 29, issue 2, No 8, 306-317
Abstract:
Abstract The aim of this paper is to explore the mediating role of corporate image between corporate social responsibility and marketing performance in the financial sector. Data were collected from 220 Ghanaian financial houses. Questionnaire for the data collection was based on measurement scale. Statistical values were derived to test the relationship between the three variables understudy. The effect of corporate image on marketing performance was found to be positive. Corporate image was also found to positively mediate the relationship between corporate social responsibility and marketing performance. Fostering corporate social responsibility and maintaining high corporate image will have a direct positive effect on marketing performance of financial houses. The paper thus contributes to marketing performance studies by extending the predictors of firm performance to test the mediating role of corporate image.
Keywords: Corporate social responsibility; Corporate image; Performance; Financial sector (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:pal:jofsma:v:29:y:2024:i:2:d:10.1057_s41264-023-00208-w
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DOI: 10.1057/s41264-023-00208-w
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