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Indian Journal of Marketing

ISSN: 0973-8703 Frequency: Monthly Peer Review: Double-blind Published since: 1968 Language: English
A publication of AMCPL
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New Delhi, India
Indexed in: Scopus Q3 UGC-CARE Group II ABDC: C Google Scholar J-Gate NAAS NISCAIR Crossref

Original Article

Open Access Original Article

Aligning Core Brand Values (CBV) and Corporate Social Responsibility (CSR) to Enhance Corporate Brand Equity (CBE): A Non - Monetary Approach

Shiva Nandan1Monica Nandan2

1 Professor of Marketing, International Management Institute (IMI), New Delhi - 110 016

2 Interim Dean, Wellstar College of Health and Human Services, Kennesaw State University, Kennesaw, GA – 30144

Volume 44
Issue 8
Pages 21–31
Year 2014
Received: March 31, 2014 Accepted: June 19, 2014 Published: Aug. 1, 2014
Abstract

The present paper offers a practical approach for building or strengthening a corporate brand. An entirely "end-user focused" and "solely profit-maximization" perspective of conducting business may not be conducive for corporate brands in today's global economy, where consumers are environmentally and socially conscious. The concepts of, and relationship between, core brand values (CBV) and corporate social responsibility (CSR) are discussed. We proposed that compatibility between CSR and CBV - which satisfies multiple stakeholders without sacrificing financial viability of an organization - can promote an organization's corporate brand equity (CBE). We presented two propositions relating CBV and CSR and provided illustrations of companies where CSR activities are congruent with CBV. The unique contribution of this paper is the novel suggestion of enhancing CBE through compatibility between CBV and CSR.

Keywords Corporate Branding Brand Equity Core Brand Values Corporate Social Responsibility
How to Cite

Shiva Nandan, Monica Nandan (2014). Aligning Core Brand Values (CBV) and Corporate Social Responsibility (CSR) to Enhance Corporate Brand Equity (CBE): A Non - Monetary Approach. Indian Journal of Marketing, 44(8), 21–31. https://doi.org/10.17010/ijom/2014/v44/i8/80126

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