2017
DOI: 10.1093/jcr/ucx071
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To Profit or Not to Profit? The Role of Greed Perceptions in Consumer Support for Social Ventures

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Cited by 72 publications
(77 citation statements)
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References 53 publications
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“…Chernev and Blair (2015) demonstrate that a company's CSR/prosocial initiatives can influence consumer perceptions of the company's offerings. Lee et al (2017) examine consumer perceptions of organizations where the social mission is more prominent than the profit mission, and find that because communal norms are triggered, when these organizations are successful in the marketplace they are perceived as greedy. This suggests that the consumer reaction to conscious capitalism may not be as positive as the movement's founders expect it to be.…”
Section: Conscious Capitalismmentioning
confidence: 99%
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“…Chernev and Blair (2015) demonstrate that a company's CSR/prosocial initiatives can influence consumer perceptions of the company's offerings. Lee et al (2017) examine consumer perceptions of organizations where the social mission is more prominent than the profit mission, and find that because communal norms are triggered, when these organizations are successful in the marketplace they are perceived as greedy. This suggests that the consumer reaction to conscious capitalism may not be as positive as the movement's founders expect it to be.…”
Section: Conscious Capitalismmentioning
confidence: 99%
“…Lee et al (2017) argue that the distinction between companies that have a social mission versus those who have a profit mission is salient for consumers, and in the case of Panera Cares and Bread, is not clear. A nonprofit orientation can paradoxically drive consumer perception of organizational greed.…”
Section: Philosophical Discomfortmentioning
confidence: 99%
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“…The dependent variable (intention to buy the socks) was measured via four items similar to the ones from Study 4 (e.g., Lee, Bolton, & Winterich, 2017;White, MacDonnell, & Ellard, 2012;White & Peloza, 2009), answered on a 7 point Likert scale from 1 (strongly disagree) to 7 (strongly agree). Participants had to indicate to what extent they would be likely to purchase the product, they would be willing to buy the product, they would exert a great deal of effort to purchase the product, and they would be likely to recommend it to others (α = .916).…”
Section: Methodsmentioning
confidence: 99%
“…Similarly, consumer's expectations of moral performance may be greater for larger entities than for smaller companies that do not have the resources to ensure ethical performance. Organizations that are perceived as warm and caring, such as non‐profits, may also be held to different standards than those that are perceived as competent, such as for‐profit firms (Aaker, Vohs, & Mogilner, ) although brand positioning may alter moral expectations as well as consumer responses (Lee, Bolton, & Winterich, ). As more and more companies seek to position themselves on moral high ground, be it due to environmental initiatives, social responsibility, or otherwise, research must consider the implications of such positioning on consumers’ moral values, emotions, judgments, and behaviors.…”
Section: External Factors That Influence Consumers’ Moral Responsesmentioning
confidence: 99%