| Title |
Identifying the dimensions of philanthropic CSR in the FMCG sector: agenda for the sustainability of business |
| ID_Doc |
66325 |
| Authors |
Soni, V; Saxena, P; Moid, S; Saxena, A; Mehta, M |
| Title |
Identifying the dimensions of philanthropic CSR in the FMCG sector: agenda for the sustainability of business |
| Year |
2024 |
| Published |
Corporate Governance-The International Journal Of Business In Society, 24, 3 |
| Abstract |
PurposeThis study aims to use a multi-stage scale development process to identify the dimensions of philanthropic corporate social responsibility (PCSR) in India's fast-moving consumer goods (FMCG) sector.Design/methodology/approachThe authors conducted a study to develop a comprehensive, reliable and valid scale for measuring PCSR based on the customer perception of FMCG product manufacturers. This research adopted a comprehensive and detailed scale development process using multi-stage sampling for scale development. This final study was conducted on a sample of 402 respondents from the city of Jaipur, India.FindingsThe results have underlined the multi-dimensional aspect of PCSR; these dimensions are: altruism towards society, volunteering for local community development, generosity towards ecology, benevolent spirit and problem-solving charity.Practical implicationsThis study gives valuable insights into philanthropic scale development in the FMCG sector that can immensely help domestic and international marketers to formulate CSR as a strategy. This research provides insights into a wide range of scales which can be base for future research studies that aim to explore different organizational settings.Originality/valuePCSR and CSR are important for developing strategies for sustainable businesses across the globe. Dimensions of PCSR will be useful for practitioners and researchers in developing second-order constructs for future studies. |
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