Abstract

Corporate has changed its approach to CSR(Corporate Social Responsibility) from corporate philanthropy including monetary donation and aid into supporting cultural and arts activities as a strategic marketing so as to satisfy customers who seek quality of life and value and to build strong emotional connections with the customers. On the other hand, municipal governments have competitively held regional festivals using its local assets for place marketing in order to contribute to the competitiveness of the region. Therefore, community-based corporate can sponsor or hold local festivals to contribute to communities where place marketing is needed while practicing CSR at the same time. The Gyejoksan Barefoot Festival is a corporate-driven local festival that has been held by Mackiss Company since 2006. The Chungnam based company has built red clay road around Geyjok mountain which is a public place. The Gyejoksan Barefoot Festival is differentiated from other private local festivals in some ways; it has a unique content such as walking barefoot on the red clay road and Geyjoksan became a famous place while Mackiss Company has been practicing CSR. The purpose of this study is to investigate the effects of awareness about corporate-driven festivals on CSR and corporate image focusing the Gyejoksan Barefoot Festival. As a result, it was found that awareness of corporate-driven festival affects corporate image and SCR. The characteristics of corporate-driven festival can be changed according to the role of CSR in addition to the improvement of corporate image.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.