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Priliminary (CSR)

T

Uploaded by

Batife
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© © All Rights Reserved
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Evaluate the Effectiveness of Corporate Social

Responsibility (CSR) Initiatives on Brand Loyalty.


(A case study of Lafarge Cement)

BY
NAME
MATRIC NUMBER

A RESEARCH PROJECT SUBMITTED TO THE DEPARTMENT


OF BUSINESS ADMINISTRATION, SCHOOL OF ECONOMICS
AND MANAGEMENT. ECOLE SUPERIEURE DES SCIENCE,
DE COMMERCE ET D' ADMINISTRATION DES
ENTERPRISES DU BENIN (ESCAE), PORTO NOVO.

IN PARTIAL FUFILMENT OF THE REQUIREMENT FOR THE


AWARD OF BACHELOR OF SCIENCE (B.SC) IN BUSINESS
ADMINISTRATION.

JULY, 2024
CERTIFICATION
I certify that (YOUR NAME) with the Matriculation number: MATRIC NUMBER
carried out this study in the Department Management, under the supervision of

………………………. …………………..

DATE

(SUPERVISOR)

…………….............. …….………………...

Dr. Ajijola Isaac Date

Director of Studies
DEDICATION
ACKNOWLEDGEMENTS
ABSTRACT
This dissertation investigates the evolving landscape of Corporate Social
Responsibility (CSR) and its impact on brand loyalty in contemporary business
environments. CSR has shifted from a peripheral concern to a strategic imperative,
driven by heightened awareness of societal and environmental issues. This study
focuses on how CSR initiatives influence consumer perceptions, particularly in
terms of emotional connection and brand reputation. Through a survey method
among consumers of Lafarge Cement in Papalanto, Ogun State, Nigeria, data was
collected and analyzed using statistical techniques. The findings indicate that
consumers strongly believe CSR activities contribute significantly to emotional
bonds with brands and enhance brand reputation and trustworthiness. These
positive perceptions suggest that well-executed CSR strategies can effectively
enhance brand loyalty by aligning with consumer values and expectations. The
study concludes by recommending strategic alignment of CSR activities, emphasis
on authenticity, continuous evaluation of CSR impacts, and effective
communication strategies to maximize the benefits of CSR investments for long-
term brand success.
Table of Content
Title Page i
Certification ii
Dedication iii
Acknowledgement iv
Abstract v
Table of Content vi
CHAPTER ONE

INTRODUCTION

1.1 Background of the Study

1.2 STATEMENT OF THE PROBLEM

1.3 Research Objectives

1.4 Research Questions

1.5 Research Hypothesis

1.6 Significance of the Study

1.7 Scope Of The Study

1.8 Definition of Terms

CHAPTER TWO

REVIEW OF RELEVANT LITERATURES

2.1 Introduction

2.2 Conceptual Framework

2.2.1 Concept of Corporate Social Responsibility


2.2.1.1 Types of CSR

2.2.1.2 Dimensions of CSR

2.2.1.3 Benefits of CSR ………………………………………………… 12

2.2.2 Concept of Brand Loyalty

2.2.2.1 Importance of Brand Loyalty

2.2.2.2 Brand Loyalty vs Customer Loyalty

2.2.2.3 Factors Affecting Brand Loyalty

2.2.2.4 How to measure brand loyalty

2.2.3 Relationship Between CSR and Brand Loyalty

2.3 Theoretical Framework

2.3.1 Stakeholder Theory,

2.3.2 Social Identity Theory:

2.4 Empirical Review

2.5 Summary

CHAPTER THREE

RESEARCH METHODOLOGY

3.0 INTRODUCTION

3.1 RESEARCH METHOD

3.2 POPULATION OF THE STUDY

3.3 RESEARCH SAMPLING TECHNIQUE AND SAMPLE SIZE

3.4 INSTRUMENT FOR DATA COLLECTION

3.5 VALIDITY OF THE REASEARCH INSTRUMENT


3.6 Administration of research instrument

3.7 METHOD OF DATA ANALYSIS

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

4.1 INTRODUCTION

4.2 Data Representation……………………………………………..Chart


4.2.1 Respondents’ Gender

Chart 4.2.2 Respondents’ Age

Chart 4.2.3 Respondents’ Academic Qualifications

Chart 4.2.4 To what extent do you believe CSR initiatives positively impact
brand loyalty?

Chart 4.2.5 Do you think CSR activities contribute to a stronger emotional


connection between consumers and brands?

Chart 4.2.6 In your opinion, does effective CSR enhance a brand's reputation and
trustworthiness?

Chart 4.2.6 Do you believe philanthropic activities such as donations and


community service positively influence brand loyalty?

Chart 4.2.6 To what extent do you think environmental sustainability initiatives


contribute to brand loyalty?

Chart 4.2.6 Do you consider ethical business practices (e.g., fair trade,
transparency) effective in fostering brand loyalty?

CHAPTER FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS


5.1 Summary

5.2 Conclusion

5.3 RecommendationsReferences

Appendix
REFERENCES
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Benevity. (2023, November 29). What are the top seven benefits of having a
corporate social responsibility program?. What Are the Top Seven Benefits
of Having a Corporate Social Responsibility Program?
https://benevity.com/resources/corporate-social-responsibility-benefits

Bretous, M. (2021, March 17). What is brand loyalty? - definition, Tips, &
examples. Brand Builder University.
https://www.brandbuilderuni.com/ecommerce-glossary/brand-loyalty

DK Sinha. (2014, June 3). Forms and dimensions of Corporate Social


Responsibility (CSR). Your Article Library.
https://www.yourarticlelibrary.com/business/forms-and-dimensions-of-
corporate-social-responsibility-csr/41243

Du, S., Bhattacharya, C.B., & Sen, S. (2010). Maximizing Business Returns to
Corporate Social Responsibility (CSR): The Role of CSR Communication.
International Journal of Management Reviews, 12(1), 8-19.
Fatma, M., Rahman, Z., & Khan, I. (2014). Multi-Item Stakeholder Based Scale to
Measure CSR in the Banking Industry. International Strategic Management
Review, 2(1), 9-20.

Fernando, J. (2024, March 6). What is CSR? Corporate Social Responsibility


explained. Investopedia. https://www.investopedia.com/terms/c/corp-social-
responsibility.asp

Freeman, R. E. (1984). Strategic Management: A Stakeholder Approach. Boston:


Pitman.
Groening, C., Mittal, V., & Zhang, Y. (2016). Cross-National Differences in the
Relationship Between Corporate Social Responsibility and Customer
Loyalty. International Journal of Research in Marketing, 33(4), 803-807.

heehy, Benedict (2015-10-01). "Defining CSR: Problems and Solutions". Journal


of Business Ethics. 131 (3): 625–648. doi:10.1007/s10551-014-2281-
x. ISSN 0167-4544. S2CID 144904171.
Kapferer, J. N. (2012). The New Strategic Brand Management: Advanced Insights
and Strategic Thinking. Kogan Page Publishers.
Keller, K. L., & Lehmann, D. R. (2006). Brands and Branding: Research Findings
and Future Priorities. Marketing Science, 25(6), 740-759.
Kotler, P., & Keller, K. L. (2016). Marketing Management (15th ed.). Pearson.

Lee, Nancy; Kotler, Philip (2013). Corporate social responsibility doing the most
good for your company and your cause. Hoboken, NJ: Wiley. ISBN 978-
1118045770.
Liang, Hao; Renneboog, Luc (2016-12-06). "On the Foundations of Corporate
Social Responsibility: On the Foundations of Corporate Social
Responsibility". The Journal of Finance. 72 (2): 853–
910. doi:10.1111/jofi.12487
Pérez, A., & Rodríguez del Bosque, I. (2013). Customer Personal Features as
Determinants of the Formation Process of Corporate Social Responsibility
Perceptions. Psychology & Marketing, 30(10), 903-917.
Riezebos, R., & Streukens, S. (2008). Segmenting by Brand Relationship Strength:
A New Approach to Positioning Brands in the European Car Market. Journal
of Brand Management, 15(4), 235-248.
Sen, S., Bhattacharya, C.B., & Korschun, D. (2006). The Role of Corporate Social
Responsibility in Strengthening Multiple Stakeholder Relationships: A Field
Experiment. Journal of the Academy of Marketing Science, 34(2), 158-166.

Shaw, A. A. (2020, October 7). What is brand loyalty - definition, importance with
examples. Marketing Tutor. https://www.marketingtutor.net/what-is-brand-
loyalty/

Shaw, A. A. (2020a, October 7). What is brand loyalty - definition, importance


with examples. Marketing Tutor. https://www.marketingtutor.net/what-is-
brand-loyalty/

Stewart, B. (2021, February 11). What is brand loyalty? definition, examples &
how to build your own. Emarsys. https://emarsys.com/learn/blog/what-is-
brand-loyalty/

Stobierski, T. (2021, April 8). What is Corporate Social Responsibility? 4 types.


Business Insights Blog. https://online.hbs.edu/blog/post/types-of-corporate-
social-responsibility

Tajfel, H., & Turner, J. C. (1979). An Integrative Theory of Intergroup Conflict. In


W. G. Austin & S. Worchel (Eds.), The Social Psychology of Intergroup
Relations (pp. 33-47). Monterey, CA: Brooks/Cole.
What is brand loyalty? - definition, Tips, & examples. Brand Builder University.
(2024, June 4).
https://www.brandbuilderuni.com/ecommerce-glossary/brand-loyalty
APPENDIX LETTER

Department of Business Administration,

ESCAE University Benin,

3, Quartier Akron, Gogan-Komey,

Porto-Novo

Republic of Benin

Dear Respondent,

I am from the DEPARTMENT OF BUSINESS ADMINISTRATION,


FACULTY OF ECONOMICS AND MANAGEMENT of ESCAE University
Benin, I am carrying a research on Evaluating the Effectiveness of Corporate
Social Responsibility (CSR) Initiatives on Brand Loyalty. I have chosen you as
one of my respondent and I would appreciate if you could kindly answer accurately
to the best of your knowledge the question to be asked, All responses will be
treated anonymously and utmost confidentially and will be strictly used for
academic purpose only.

Thank you,

Yours Faithfully

Your name
SECTION A- BIO-DATE OF THE RESPONDENT
Please underline the most appropriate responds.
1. Gender? a) Male b) Female
2. Age? a) 15-30years b) 31-50years c) 51 years and above
3. Academic qualification obtained?
a) PhD
b) Master’s Degree
c) Bachelor’s Degree
d) Senior High School Certificate

Section B -
Research Question 1: What is the impact of CSR initiatives on brand loyalty?
1. To what extent do you believe CSR initiatives positively impact brand loyalty?
a- Strongly Agree b- Agree c - Indifferent d- Disagree d - Strongly Disagree
2. Do you think CSR activities contribute to a stronger emotional connection
between consumers and brands?
a- Strongly Agree b- Agree c - Indifferent d- Disagree d - Strongly Disagree
3. In your opinion, does effective CSR enhance a brand's reputation and
trustworthiness?
a- Strongly Agree b- Agree c - Indifferent d- Disagree d - Strongly Disagree

Research Question 2: Which specific CSR activities are most effective in


building brand loyalty?
1. Do you believe philanthropic activities such as donations and community
service positively influence brand loyalty?
a- Strongly Agree b- Agree c - Indifferent d- Disagree d - Strongly Disagree
2. To what extent do you think environmental sustainability initiatives contribute
to brand loyalty?
a- Strongly Agree b- Agree c - Indifferent d- Disagree d - Strongly Disagree
3. Do you consider ethical business practices (e.g., fair trade, transparency)
effective in fostering brand loyalty?
a- Strongly Agree b- Agree c - Indifferent d- Disagree d - Strongly Disagree

Research Question 3: How do consumer demographics influence the


effectiveness of CSR initiatives on brand loyalty?
1. Do you think younger consumers (under 35) are more positively influenced by
CSR initiatives than older consumers?
a- Strongly Agree b- Agree c - Indifferent d- Disagree d - Strongly Disagree
2. To what extent do you believe cultural backgrounds influence consumer
perceptions of CSR impact on brand loyalty?
a- Strongly Agree b- Agree c - Indifferent d- Disagree d - Strongly Disagree
3. In your opinion, does income level significantly affect how consumers perceive
CSR initiatives in terms of brand loyalty?
a- Strongly Agree b- Agree c - Indifferent d- Disagree d - Strongly Disagree

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