Organizational and experiential consumer factors: comparative influence on information response behavior

Main Article Content

María Cristina Otero Gómez https://orcid.org/0000-0002-3241-7877
Wilson Giraldo Pérez https://orcid.org/0000-0001-8514-9805
Diana Edith Sánchez Zeferino https://orcid.org/0000-0002-6931-4150

Keywords

Consumer behavior, service marketing, resistance to negative information, corporate social responsibility, banking sector, brand value

Abstract

Objective: This article examines the link between organizational and experiential factors of consumers. Method: We analyze the relationships among perceptions of corporate social responsibility, service experience, brand value, and resistance to negative information among users of the main banking services in Colombia and Mexico. Data were collected from adult residents of both countries using a virtual survey technique. The data were analyzed using a structural equation modeling approach to test the direct relationships between the variables and a permutation procedure for moderation relationships. Results and Discussions: The findings highlight that consumers’ perception of banks’ corporate responsibility initiatives directly relates to brand value and resistance to negative information. Conclusion: Organizational factors have a greater impact on consumer experiential elements when exposed to negative comments on the financial institution they use. These effects are further explained by the moderating effects of respondents’ countries of origin and gender.

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