2017
DOI: 10.1007/s11747-017-0539-4
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Good, better, engaged? The effect of company-initiated customer engagement behavior on shareholder value

Abstract: In today's connected world, customer engagement behaviors are very important. Many companies launch initiatives to stimulate customer engagement. However, despite evidence that customer engagement behavior also matters to shareholders, academic research on the firm value consequences of customer engagement campaigns is limited. This study is the first to investigate the value-related consequences of firm-initiated customer engagement behaviors, using shareholder evaluations of the public announcements of such … Show more

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Cited by 219 publications
(226 citation statements)
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References 92 publications
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“…Among the research issues proposed, finding appropriate metrics to measure performance in SMMSs seems to be an area to which top priority should be given. This is because performance is the ultimate outcome of these strategies, for which there is still little understanding due to the idiosyncratic nature of social media as a marketing tool (e.g., Beckers et al 2017;Trainor et al 2014). In particular, it is important to shed light on both short-term and long-term performance, as well as its effectiveness, efficiency, and adaptiveness aspects (e.g., Barger et al 2016).…”
Section: Future Research Directionsmentioning
confidence: 99%
“…Among the research issues proposed, finding appropriate metrics to measure performance in SMMSs seems to be an area to which top priority should be given. This is because performance is the ultimate outcome of these strategies, for which there is still little understanding due to the idiosyncratic nature of social media as a marketing tool (e.g., Beckers et al 2017;Trainor et al 2014). In particular, it is important to shed light on both short-term and long-term performance, as well as its effectiveness, efficiency, and adaptiveness aspects (e.g., Barger et al 2016).…”
Section: Future Research Directionsmentioning
confidence: 99%
“…Customer engagement, or customer engagement behaviour (CEB), has been widely analysed by academics (Beckers, van Doorn, & Verhoef, 2017;Dolan, Conduit, Fahy, & Goodman, 2016;Gavilanes, Flatten, & Brettel, 2018;Harmeling, Moffett, Arnold, & Carlson, 2017;Hollebeek, Glynn, & Brodie, 2014;Schivinski, Christodoulides, & Dabrowski, 2016;Yang, Lin, Carlson, & Ross, 2016;Yoon, Li, Ji, North, Hong, & Liu, 2018;van Doorn, Lemon, Mittal, Nass, Pick, Pirner, & Verhoef, 2010); however, there is still no general agreement among researchers about its definition and conceptualisation. Importantly, the term "engagement" can be seen as a behavioural construct or even an affective/cognitive and behavioural one (Schivinski et al, 2016).…”
Section: Introductionmentioning
confidence: 99%
“…Importantly, the term "engagement" can be seen as a behavioural construct or even an affective/cognitive and behavioural one (Schivinski et al, 2016). The behavioural approach is mainly used in the most recent customer engagement literature (see Beckers et al, 2017;Leung, Tanford, & Jiang, 2017). Thus, the behavioural conceptualization of CEB follows recommendations by Harmeling et al (2017) because it captures its implicit and explicit meaning.…”
Section: Introductionmentioning
confidence: 99%
“…customer value) (Groeger et al, 2016), and firm-level value (i.e. customer equity, firm value) (Beckers et al, 2018).…”
Section: Forms Of Customer Engagementmentioning
confidence: 99%