DOI QR코드

DOI QR Code

A Study for the Effect of Sponsorship on Corporate Reputation

  • Lee, Eunyoung (Industrial Management, Korea University of Technology and Education)
  • Received : 2021.08.31
  • Accepted : 2021.09.09
  • Published : 2021.09.30

Abstract

Sponsorship is one of the communication tools that have been used for a long time to raise corporate awareness and establish favorable customer attitude. This study tried to examine the effect of corporate sponsorship, which has recently been attracting increasing attention. We empirically examined whether sponsorship and program fit, identification with a company or brand, and corporate credibility affect the reputation of the sponsoring company. For this, We conducted a survey using a structured questionnaire for 263 college students, and the collected data were analyzed through a structural equation model along with factor analysis. As a result of the study, it was found that sponsorship and program suitability had a positive effect on corporate reputation, and brand identification and reliability also had a positive effect on corporate reputation. Based on the results of the study, it was possible to obtain the implication that it is important to increase the fit of the sponsor and sponsorship program, to improve the corporate brand identification and corporate credibility in order to increase the corporate reputation through sponsorship.

Keywords

Acknowledgement

This work was supported by Koreatech Research Fund in 2020.

References

  1. S. Schmidt, Nadine Hennigs, Sascha Langner, and Matthias Limbach, "The Explicit and Implicit Impact of Sport Sponsorship", Marketing Review St. Gallen, Vol. 30, No. 1, pp. 53, 2013.
  2. John, Fahy, Francis Farrelly and Pascale Quester, "Competitive Advantage Through Sponsorship: A Conceptual Model and Research Propositions," European Journal of Marketing, Vol. 38, No. 8, pp. 1013-1030, 2004. https://doi.org/10.1108/03090560410539140
  3. Jongchul, Park, Hanjoon Lee, and Chankon Kim, "Corporate Social Responsibilities, Consumer Trust and Corporate Reputation: South Korean Consumers' Perspectives," Journal of Business Research, Vol. 67, No. 3, pp. 295-302, 2014. https://doi.org/10.1016/j.jbusres.2013.05.016
  4. Ravi, Paapu and T. Bettina Cornwell, "Corporate Sponsorship as an Image Platform: Understanding the Roles of Relationship Fit and Sponsor-Sponsee Similarity," Journal of the Academy of Marketing Science, Vol. 42, No. 5, pp. 490-510, 2014. https://doi.org/10.1007/s11747-014-0373-x
  5. J. A., Meenaghan, "Measuring Sponsorship Performance: Challenge and Direction," Psychology and Marketing, Vol. 30, No. 5, pp. 385-393, 2013. https://doi.org/10.1002/mar.20613
  6. Merel, Walraven, Tammo H.A Bijmolt, and Ruud H. Koningzz, "Dynamic Effects of Sponsoring: How Sponsorship Awareness Develops over Time," Journal of advertising, Vol.43, No.2, pp.142-154, 2014. https://doi.org/10.1080/00913367.2013.835754
  7. Colin, McDonald, "Sponsorship and the Image of the Sponsor," European Journal of marketing, Vol. 25, No. 11, pp. 31-38, 1991. https://doi.org/10.1108/EUM0000000000630
  8. John, Balmer and Stephen A. Greyser, "Corporate Marketing: Integrating Corporate Identity, CorporateBranding, Corporate Communications, Corporate Image and Corporate Reputation," European Journal of Marketing, Vol. 40, No. 7, pp. 730-741, 2006. https://doi.org/10.1108/03090560610669964
  9. B. A. Lafferty, "The relevance of fit in a Cause-brand alliances when consumer evaluate corporate credibility", Journal of Business Research, Vol. 60, No. 3, pp. 1-7, 2007. https://doi.org/10.1016/j.jbusres.2006.09.030
  10. T. B. Cornwell and Leonard V. Coote, "Corporate sponsorship of a cause: the role of identification in purchase intent", Journal of Business Research, Vol. 58, No. 2, pp. 268-276, 2005. https://doi.org/10.1016/S0148-2963(03)00135-8
  11. N. K. Malhotra, "Attitude and Affect: New Frontiers of Research in the 21st Century," Journal of Business Research, Vol. 58, No. 4, pp. 477-482, 2005. https://doi.org/10.1016/S0148-2963(03)00146-2
  12. Eun-Jung Lee and Ji-hyung Nam, "Effect of Corporate Transparency on Trust and Purchase Intention", International Journal of Advanced Culture Technology, Vol.9, No.1, pp.40-51, 2021. https://doi.org/10.17703/IJACT.2021.9.1.40
  13. A. E. Cretu and Roderick J. Brodie, "The Influence of Brand Image and Company Reputation Where Manufacturers Market to Small Firms: A Customer Value Perspective," Industrial Marketing Management, Vol. 36, No. 2, pp. 230-240, 2007. https://doi.org/10.1016/j.indmarman.2005.08.013