“…Because consumer demand for CSR arises from preferences, expectations, and lifestyles (Sen and Bhattacharya, 2001), each component consists of one or several categories that are further divided into characteristics that represent details of CSR that consumers might demand. Research supports a link between CSR or an ethical business approach and favorable consumer outcomes, such as customer loyalty, perceived brand equity and purchase intention (Deng and Xu, 2017;Iglesias et al, 2018;Iglesias et al, 2019;Inoue et al, 2017;Lombart and Louis, 2014;Mohr and Webb, 2005). However, consumer demand for CSR is predominantly latent, as consumers are often unaware of the details of their demand until they encounter a matching product offering and the demand is actualized (Devinney et al, 2006;Kotler, 1973).…”