Exploring the Link Between CSR and Customer Retention
In today's competitive business landscape, organizations are recognizing the critical role of Corporate Social Responsibility (CSR) in shaping their brand’s reputation and influencing consumer behavior. CSR encompasses a company’s efforts to operate ethically, sustain the environment, give back to communities, and demonstrate accountability to various stakeholders. A core question confronting both academics and business leaders is: How does CSR influence customer loyalty?The Psychological Connection: Trust and Emotional ResonanceClient devotion goes well beyond simply making repeated purchases; it is profoundly embedded in emotional bonds and confidence. When businesses dedicate themselves to socially conscious endeavors—like minimizing environmental impact, backing community initiatives, or…
