Can Consumers Buy Responsibly? Analysis and Solutions for Market Failures

Martínez, Carmen Valor

doi:10.1007/s10603-008-9070-9

Cited by 121 publications

(98 citation statements)

References 44 publications

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“…Several studies [7,13,[42][43][44] have reported that consumers' knowledge of labels may influence the demand for eco-labeling. According to Brécard et al [13] and Valor [45], knowledge may impact consumers' environmental awareness. For example, in Japan, consumers expressed willingness to buy, as well as WTP for eco-labeled seafood once they were informed about the status of fish stocks [10].…”

Section: Acceptance Of Eco-labeled Fishmentioning

confidence: 99%

“…The survey exposes that people would respond positively to the idea of purchasing eco-labeled fish, but it does not report what respondents would do in reality when exercising their purchasing power in the supermarket. The following considerations should be taken into account: (1) eco-labeling may not represent the most desirable aspects of seafood in purchase decision-making, regarding factors, such as taste, price, brand and market promotions [12]; (2) only specific sectors of consumers are likely to choose eco-labeled fish ( [6][7][8][9][10][11][12][13]33,34], this study); (3) consumers may be less likely to demand eco-labeled products when they have to consider non-economic criteria, such as spending time or effort [45,52]. Even though some studies reported price as a significant factor affecting the purchase decision of eco-labeled products, there is evidence of consumers agreeing to pay higher prices for eco-friendly options [10,11,13].…”

Section: Acceptance Of Eco-labeled Fishmentioning

confidence: 99%

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Consumer Acceptance of Eco-Labeled Fish: A Mexican Case Study

et al. 2015

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Fish eco-labeling is a market-based incentive program for sustainable fisheries. This paper examines consumers' acceptance of eco-labeled fish by using data from a pilot study conducted in a coastal area of northwestern Mexico. An ordered probit model was applied, using 364 observations. The results show that most respondents favor the idea of eco-labeled fish as a sustainable option and know that this is a costlier option. Income level, consumers' occupation and frequency of fish consumption are factors taken into account in the buying decision. Price was not a statistically significant factor affecting purchase decision. The study suggests that employed consumers with knowledge of labels may prioritize their demand for eco-labeled fish. Thus, providing a clear definition of sustainability that increases consumer awareness might be a promising strategy in developing the market for eco-labeled fish. The results and their implications could be employed as an element for future development of consumer policies related to fish sustainability.

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Section: Acceptance Of Eco-labeled Fishmentioning

confidence: 99%

Section: Acceptance Of Eco-labeled Fishmentioning

confidence: 99%

Consumer Acceptance of Eco-Labeled Fish: A Mexican Case Study

et al. 2015

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“…They claim that findings from studies examining the relationship of consumer responses to CSR activities are still debatable. Some studies indicate a clearly positive relationship between consumer responses and firm's CSR actions (e.g., Carvalho et al, 2010;Ellen et al, 2006;Smith & Langford, 2009) and others report that this relationship is "not always direct and evident" (e.g., Fatma & Rahman 2015;Fatma et al, 2015;Valor, 2008).…”

Section: Introductionmentioning

confidence: 99%

“…On the one hand, some studies report a positive relationship between a company's CSR actions and consumers' reaction to that company and its products (Brown & Dacin, 1997;Carvalho et al, 2010;Ellen et al, 2006). On the other hand, some surveys indicate that the relationship between a company's CSR actions and consumers' reactions is not always direct and evident, suggesting numerous factors influence this relationship (Carrigan & Attalla, 2001;Maignan & Ferrell, 2004;Valor, 2008).…”

Section: Introductionmentioning

confidence: 99%

Corporate Social Responsibility and Consumer Buying Behavior in Emerging Market: A Mixed Method Study

Butt¹

2016

IJBM

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A number of companies are involved in various social responsibility programs aimed at increasing consumer trust in their services and improve overall image of the firm. This phenomenon is prevalent in developed world but is still new in emerging economies. In a developing country like Pakistan, Corporate Social Responsibility (CSR) is affected by various factors. The purpose of this mixed method study is to examine key antecedents to consumer responses to CSR to determine a link between CSR activity and consumers' responses to such actions. After a qualitative study, a pre-tested structured questionnaire was administered to 224 respondents. The constructs were validated using confirmatory factor analysis and regression analysis was conducted to test hypotheses. It was found that purchase intention was impacted by perceived CSR which was positively influenced by awareness while trust played a pivotal role as a mediator between CSR and purchase intention. Surprisingly, religiosity was not significantly related to CSR. The study was conducted using a hypothetical company; however more insight might be gained if the company name was used since certain consumer patterns are brand specific.

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“…It is of utmost importance that companies report on this issue, given that access to information is a precondition for the business case to work (Valor, 2008). Yet, this condition is far to being met.…”

Section: Human Rights As a Managerial Issuementioning

confidence: 99%

Irresponsibility through Corporate Eyes: Reporting of Human Rights Compliance by Spanish Listed Companies

González

Martínez

Holgado

2012

IJBM

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Corporate compliance with human rights has received little attention in the management literature. This papers aims to shed some light on this issue, by examining business recognition of Human Rights; in particular how companies state their own commitment with the Human Rights; the policies and procedures in place to ensure compliance, including mechanisms of control and enforcement; and corporate performance vis-à-vis human rights. Corporate Social Responsibility reports of Spanish IBEX-35 companies were used as the main source of information. We conclude that companies have, at most, a formal commitment to certain human rights (labour, consumer protection and environment). External drivers such as financial markets and reputational hazards are keys to explain differences among companies.

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Can Consumers Buy Responsibly? Analysis and Solutions for Market Failures

Abstract: Corporate social responsibility, Incentives, Responsible consumer behaviour, Public policies, Ethical consumption, Standards, Labels,

Cited by 121 publications

References 44 publications

Consumer Acceptance of Eco-Labeled Fish: A Mexican Case Study

Consumer Acceptance of Eco-Labeled Fish: A Mexican Case Study

Corporate Social Responsibility and Consumer Buying Behavior in Emerging Market: A Mixed Method Study

Irresponsibility through Corporate Eyes: Reporting of Human Rights Compliance by Spanish Listed Companies

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