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Testing CSR as a Trust Driver Among Millennials and Nonmillennials in Developed and BRIC Countries

Fri, June 10, 12:30 to 13:45, Fukuoka Hilton, Grand Foyer

Abstract

This study examined the effects of three dimensions of corporate social responsibility (CSR) on building public trust in business between different generations and markets, using random large-scale global samples (N = 9000) from nine markets. While the social and economic dimensions of CSR affected trust differently in developed and emerging markets, the environmental dimension did not. Nor did the Millennial and non-Millennial groups differ in their trust in business in most countries. However, the two groups had a different perception of how CSR works in trust building. Theoretical and practical implications for CSR communication are discussed.

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