Author:
Gilal Faheem, ,Gadhi Abdul Khalique,Gul Gilal Rukhsana,Gul Gilal Naeem,Zhang Na, , , ,
Abstract
Purpose: Drawing on self-determination theory (SDT), this article aims to examine the impact of customers’ intrinsic and extrinsic religiosity on purchase intentions for luxury brands. Moreover, this study delves into the moderating effect of customer brand loyalty in these relationships. Methodology: To this end, we tested our hypotheses with a student sample (N = 169) from Pakistan. Exploratory factor analysis (EFA), confirmatory factor analysis (CFA), structural equation modeling (SEM), and moderation analysis techniques were used to analyze the data using SPSS 24.0 and AMOS 24.0. Findings: The results of data analysis indicated that a customer’s purchase intention for luxury brands is significantly influenced by extrinsic religiosity, while intrinsic religiosity has trivial influence in boosting purchase intention for a luxury brand. Our results for moderation analysis further show that customer purchase intention for a luxury brand is reinforced by intrinsic religiosity when customer brand loyalty is high but not when customer brand loyalty is low, whereas purchase intention for a luxury brand is fortified more by extrinsic religiosity when customer brand loyalty is low than when customer brand loyalty is high. Research Limitations: As with any set of cross-sectional studies, our research is not without limitations. For instance, the sample size in the current study is purposefully small. This limits the generalizability of findings across a wider population. Implications/originality/value: This study has provided a framework to explain how customers’ intrinsic and extrinsic religiosity affected the purchase intentions of luxury brands in the emerging market.
Reference44 articles.
1. Ahmadi, A., Nakaa, N. & Bouri, A. (2018). Chief Executive Officer attributes, board structures, gender diversity and firm performance among French CAC 40 listed firms, Research in International Business and Finance, 44, 218-226. [Google Scholar]
2. Alqatan, A., Chbib, I. & Hussainey, K. (2019) How does board structure impact on firm performance in the UK?, Corporate Board: Role, Duties & Composition, 15(2), 18-27. [Google Scholar]
3. Boone, A.L., Field, L.C., Karpoff, J.M. & Raheja, C.G. (2007) The determinants of corporate board size and composition: An empirical analysis, Journal of Financial Economics, 85(1), 66-101. [Google Scholar]
4. Cadbury, A. (1992) Report of the Committee on the Financial Aspects of the Corporate Governance, London: Gee and Co. Ltd. [Google Scholar]
5. Carter, D.A., Simkins B.J. & Simpson W.G. (2003), Corporate Governance, Board Diversity and Firm Value, The Financial Review, 38, 33-53. [Google Scholar]
Cited by
4 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献