A game theoretic approach for pricing decisions considering CSR and a new consumer satisfaction index using transparency-dependent demand in sustainable supply chains

Khosroshahi, Hossein; Rasti−Barzoki, Morteza; Hejazi, Seyed Reza

doi:10.1016/j.jclepro.2018.10.123

Cited by 49 publications

(26 citation statements)

References 42 publications

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“…Corporate public transparency (CPT) is deemed as a way to reestablish trust for companies with the public [5]. Some companies increase CPT to avoid financial risks [6,7], and to gain trust and credibility from investors [8].…”

Section: Introductionmentioning

confidence: 99%

Corporate Public Transparency on Financial Performance: The Moderating Role of Political Embeddedness

Miao

Zheng

et al. 2019

Sustainability

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Corporate public transparency (CPT) is instrumental for companies to establish communications and trust with the public by disclosing and communicating information concerning corporate environmental and social impacts. However, it is still in dispute whether CPT can help promote corporate financial performance (CFP). This paper studied the moderating role of political embeddedness on the relationship between CPT and CFP. We investigate multiple hypotheses about the moderating roles of the political embeddedness including bureaucratic embeddedness (political connections of a chief executive officer (CEO) who was/is a government official or member of political council) and ownership embeddedness (i.e., state-owned enterprises (SOEs)). With the data of 195 observations from top 200 Chinese enterprises ranked by revenue for the years 2014~2016, the results show the following: (1) the relationship of CPT on CFP is moderated by government official and SOE ownership; (2) a negative moderating effect of government official; and (3) a negative moderating effect of SOE ownership. The research implications are further discussed. The findings of this study have practical implications for investors, stakeholders, and regulators.

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Section: Introductionmentioning

confidence: 99%

Corporate Public Transparency on Financial Performance: The Moderating Role of Political Embeddedness

Miao

Zheng

et al. 2019

Sustainability

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“…Moreover, to the best of our knowledge, in contrast to allergen labelling systems for which industrial guidelines have been developed, there are no specific rules on how to inform consumers about pesticide residues or potentially hazardous additives in products. Regardless of limited space available on the front side of the vending machines, the integration of product safety features can add value to the marketing offer of the companies due to the increasing consumer demand for full product transparency (Astill et al ., 2019; Khosroshahi et al ., 2019). A potential solution might be the latest generation of intelligent vending machines including interactive touch screens, holographic displays, and mobile applications, which can provide consumers with extended product information.…”

Section: Review Findingsmentioning

confidence: 99%

The role of vending channels in marketing: A systematic review and taxonomy of studies

Stoyanov

2021

Journal of Consumer Affairs

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Although vending machines emerged centuries ago, only recently have they regained popularity. This study aims to provide a systematic review of available marketing literature on food and drink vending channels to delineate under‐researched marketing areas that require further investigation. Therefore, the abstracts of 2,409 articles were manually screened, of which 98 were retained as the most relevant for further synthesis. The author organized the existing marketing literature from a consumer point of view around three main areas (i.e., product safety management, health nutrition promotion, and stakeholders' commitment to policy measures) and three roughly equal time periods (i.e., 2000–2006, 2007–2013, and 2014–2020). The analysis identifies areas of vending wherein research is lacking: marketing trends regarding smart vending machines; consumer responses to vending experiences, especially cross‐culturally; and safety issues, which is especially pertinent with the increase in safety‐related articles since 2014 and the current COVID‐19 pandemic.

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“…In terms of the impact of consumers' CSR preference on performance, scholars have studied it a lot, thought that firms considering CSR in products can increase consumers' purchasing intention or make them willing to pay higher prices for the products and services (Deng & Xu, ; Wan, Poon, & Yu, C., ; Han, Yu, & Kim, ). Besides, Khosroshahi, Morteza, and Hejazi () proposed a new index for consumer satisfaction as the CSR indicator, used a new utility function considering the CSR and consumer satisfaction, and proposed that the consumer's satisfaction has an important impact on supply chain decisions.…”

Section: Literature Reviewmentioning

confidence: 99%

A coordination mechanism through value‐added profit distribution in a supply chain considering corporate social responsibility

Liu

2019

Manage Decis Econ

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The consumers pay more and more attention to corporate social responsibility (CSR), which has been a new competitiveness for the enterprises. This paper constructs a supply chain consisting of a dominated retailer, a socially responsible supplier and a non-socially responsible supplier (compared with the socially responsible supplier), consider the consumer preference and exploit the game analysis technique to analyze the optimal decisions under the decentralized and concentrated decision, and then design a coordination mechanism based on value-added profit distribution. The results show that compared with the decentralized decision, the retail price and order quantity of two products are lower, the CSR effort degree of socially responsible supplier is higher, and the performance of the whole supply chain is better under the concentrated decision. In addition, the mechanism designed can induce the socially responsible supplier to undertake CSR without damaging its profit, prompt the supply chain members to make the concentrated decisions, and promote the competitiveness of the retailer-dominated supply chain.

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A game theoretic approach for pricing decisions considering CSR and a new consumer satisfaction index using transparency-dependent demand in sustainable supply chains

Cited by 49 publications

References 42 publications

Corporate Public Transparency on Financial Performance: The Moderating Role of Political Embeddedness

Corporate Public Transparency on Financial Performance: The Moderating Role of Political Embeddedness

The role of vending channels in marketing: A systematic review and taxonomy of studies

A coordination mechanism through value‐added profit distribution in a supply chain considering corporate social responsibility

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