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Corporate Social Responsibility and Brand Loyalty in Punjab's Banking Sector: Exploring the Mediating Role of Corporate Branding

Authors :
Muhammad Aqib Shafiq
Saba Iqbal
Naveen Kumar
Fasih Abbas Khan
Source :
Pakistan Journal of Humanities and Social Sciences. 11:867-878
Publication Year :
2023
Publisher :
International Research Alliance for Sustainable Development, 2023.

Abstract

The purpose of this research paper is to find out the impact of Corporate Social Responsibility (CSR) on brand loyalty with the mediating role of cooperate branding from the customers of the retail banking sector of Punjab, Pakistan. The current study uses the structured survey data collection technique consisting of 5- Likert scale points while collecting the data from 335 individual customers of retail banking sectors of Dera Ghazi Khan city, Punjab, Pakistan. Further, data was analyzed through SEM (structural equation modeling) using SmartPLS (Smart Partial Least Square) software. The study's results suggest a significant positive impact of corporate social responsibility (CSR) on brand loyalty; other developments suggest the positive mediating role between CSR and brand loyalty. Further, the study uses the auxiliary hypothesis, showing a significant positive impact on brand loyalty. Additionally, the study has substantial implications for the managers of banking sectors. This will help managers promote CSR in their banking sectors to increase sustainability and profitability and provide an edge in the market.

Subjects

Subjects :
General Medicine

Details

ISSN :
2415007X and 2709801X
Volume :
11
Database :
OpenAIRE
Journal :
Pakistan Journal of Humanities and Social Sciences
Accession number :
edsair.doi...........2a941df8e7fd382561eb04c50e37f4a2