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Modern businesses are expected to be socially responsible regardless of their industry of
operation or country of abode. The age of economic globalization, efficiency in information
transfer, and the desire to make our world a more sustainable place of abode for everyone have
all combined together to make it even more so.
Interestingly, it has now become apparent that corporate entities in both developed and
developing economies of the world are conscious of their social responsibilities to all their
stakeholders. This is certainly a step in the right direction; our world can only be a better place
for this generation and future generations of all living objects to exist in, if we all as individuals
and corporate entities were to take issues relating to social responsibility very seriously.
The objective of the present study is to assess the corporate social responsibility (CSR)
practices, relevant towards the domain of consumer marketing in relation to telecom (mobile
phone operators) service sector of Pakistan. An attempt has been made to highlight the
importance of CSR proposition towards organizations that is by adopting and incorporating the
CSR inventiveness‘s will enhance the organizations profitability, growth and sustainability in a
more competitive and constructive manner and which will earn them a stronger corporate
identity with socially and business responsive organization stance and in return can attain
customer retention on consistent basis at a marketplace.
(v)
This study contributes that corporate social responsibility has immense relationship in
relation to consumer marketing. This study adds a fair understanding from theoretical
perspectives that corporate social responsibility (Carroll‘s CSR strategies, economic, ethical,
legal, and philanthropic) and contemporary stakeholder theory perspectives and stakeholder
marketing perspectives are dependent on each other and directly proportional to consumer
marketing. Any of the above perspectives cannot be implemented in isolation. A conceptual
paradigm is being presented by incorporating the above perspectives and statistically tested. The
results show positive outcomes that corporate companies (telecom mobile operators) by pursuing
the given paradigm can enhance their profits, sustainability and growth.
The present study registers that telecom mobile operator in Pakistan yet to comprehend
the understanding of CSR phenomenon from business perspectives. The present study has
proposed a CSR paradigm in relation to consumer marketing and further investigated that the
existing Telecom mobile operators in Pakistan can create substantial opportunities through their
consumer marketing strategies by incorporating the below propositions in relation to CSR
(economic, legal, ethical and philanthropic) through direct and mediation constructs i.e., brand
evaluations, word-of-mouth, customer satisfaction, customer loyalty and marketing
communication and Individual Consumer Characteristics having three dimensions i.e.,
(emotional, social and functional values). The investigation outcomes reveal positive
connectivity among these constructs. |
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