Modeling Positive Electronic Word of Mouth and Purchase Intention Using Theory of Consumption Value

Author:

Aravindan Kalisri Logeswaran1ORCID,Ramayah Thurasamy234567ORCID,Thavanethen Munusamy8,Raman Murali9,Ilhavenil Narinasamy10ORCID,Annamalah Sanmugam11ORCID,Choong Yap Voon1

Affiliation:

1. Faculty of Management, Multimedia University, Cyberjaya Campus, Persiaran Multimedia, Cyberjaya 63100, Malaysia

2. School of Management, Universiti Sains Malaysia, Minden 11800, Malaysia

3. Department of Information Technology & Management, Daffodil International University (DIU), Dhaka 1216, Bangladesh

4. Department of Management, Sunway University Business School (SUBS), Petaling Jaya 47500, Malaysia

5. Azman Hashim International Business School, Universiti Teknologi Malaysia (UTM), Kuala Lumpur 54100, Malaysia

6. University Center for Research & Development (UCRD), Chandigarh University (CU), Punjab 140413, India

7. Faculty of Business, Economics and Social Development, Universiti Malaysia Terengganu (UMT), Kuala Terengganu 21030, Malaysia

8. Telekom Malaysia, Kuala Lumpur 50672, Malaysia

9. Academic Development and Strategy, Asia Pacific University, Jalan Teknologi 5, Kuala Lumpur 57000, Malaysia

10. Institute of Teacher Education Special Education Campus, Bandar Tun Razak, Kuala Lumpur 56000, Malaysia

11. Graduate School of Business, Research and Innovation Management Centre, Segi University, Petaling Jaya 47810, Malaysia

Abstract

Green is a timely and crucial concept in sustainability; therefore, encouraging both public and private businesses in Malaysia to persistently promote and make attempts to put green practices into effect is similarly crucial. The green industry and its environment are under pressure as a result of its acquisition, which is still occurring at an alarming rate. Using the theory of consumption values (TCV) as the underlying theory, this study explores the potential drivers of green purchases while also analyzing the mediation effect of positive word-of-mouth. Purposive sampling was employed in this study and data analysis was conducted using covariance-based structural equation modeling (SEM-AMOS). Findings from 336 respondents highlight the significance of positive word-of-mouth, emotional value, and epistemic value, as major determinants of green purchase intention. This study offers crucial information that will aid suppliers of green goods in motivating customers to make green purchases by emphasizing high-impact product values. Additionally, the study advocates the promotion of sustainable practices by emphasizing positive word-of-mouth in sparking public interest to make green purchases.

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction

Reference94 articles.

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4. (2020, January 16). Twelfth Malaysia Plan. A Prosperous, Inclusive, Sustainable Malaysia, 2021 to 2025, Available online: https://rmke12.epu.gov.my/en.

5. (2019, February 12). Eleventh Malaysia Plan. Anchoring Growth on People, 2016 to 2020 (2015), Available online: https://www.epu.gov.my/sites/default/files/2021-05/Chapter%201.pdf.

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