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dc.contributor.authorEscobar-Sierra M
dc.contributor.authorGarcía-Cardona A
dc.contributor.authorVera Acevedo L.D.
dc.date.accessioned2022-09-14T14:33:48Z
dc.date.available2022-09-14T14:33:48Z
dc.date.created2021
dc.identifier.issn23311975
dc.identifier.urihttp://hdl.handle.net/11407/7481
dc.descriptionThe research about responsible consumption began during the 70’s decade, but recently it became extremely relevant due to global warming and increasing social demands. In this regard, our research tries to determine the effects of moral outrage on consumers’ perceived values of socially irresponsible companies. Once we introduce our research problem, we conduct in the first stage a literature review, to construct a conceptual model for responsible consumption. In the second section, we verified our previous conceptual model at a practical level, applying a quantitative approach through structural equations. Specifically, we verify the effects of the moral outrage, on consumers’ perceived values, in the context of a price cartel, that operated for more than 14 years, involving the biggest five producers of toilet paper, napkins, diapers, and handkerchiefs in Colombia. The findings show that the moral outrage due to corporate social irresponsibility, affect the consumer’s perceived values, related to (i) the consumer loyalty, and (ii) the consumer social and economic costs. Based on these findings, we suggest some implications for marketing practitioners, public policy-makers, shareholders and CEOs. Furthermore, we also recommend the future inclusion of the control mechanisms, and the technical cycle for products and services, in the responsible consumption studies. © 2021 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license.eng
dc.language.isoeng
dc.publisherCogent OA
dc.relation.isversionofhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85101882140&doi=10.1080%2f23311975.2021.1888668&partnerID=40&md5=2a4485e142cce74dfbdca87e53cc8f39
dc.sourceCogent Business and Management
dc.titleHow moral outrage affects consumer’s perceived values of socially irresponsible companies
dc.typeArticle
dc.rights.accessrightsinfo:eu-repo/semantics/restrictedAccess
dc.publisher.programAdministración de Empresas
dc.type.spaArtículo
dc.identifier.doi10.1080/23311975.2021.1888668
dc.subject.keywordConsumers’ perceived valueseng
dc.subject.keywordCorporate social irresponsibilityeng
dc.subject.keywordMoral outrageeng
dc.subject.keywordResponsible consumptioneng
dc.subject.keywordStructural equations modelling SEMeng
dc.relation.citationvolume8
dc.relation.citationissue1
dc.publisher.facultyFacultad de Ciencias Económicas y Administrativas
dc.affiliationEscobar-Sierra, M., Faculty of Economic and Administrative Sciences, University of Medellin, Carrera 87 N° 30 – 65 Building 12 Office 101, Medellín, Colombia
dc.affiliationGarcía-Cardona, A., Faculty of Mines, National University of Colombia, Campus Medellin, Calle 80 N°65 - 223, Building M8B Office 99-03, Medellín, Colombia
dc.affiliationVera Acevedo, L.D., Faculty of Mines, National University of Colombia, Campus Medellin, Calle 80 N°65 - 223, Building M8B Office 99-03, Medellín, Colombia
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