Use this URL to cite or link to this record in EThOS: http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.654770
Title: The impact of culture on own-label brands performance
Author: Budhathoki, Tribikram
ISNI:       0000 0004 5359 8106
Awarding Body: Loughborough University
Current Institution: Loughborough University
Date of Award: 2014
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Abstract:
The performance of own-label brands varies enormously across countries, with high penetration in Western countries but limited success in Eastern countries. The common explanations for this state are related to market factors such as the development of big retailer chains or the power balance between retailers and manufacturers. However, the role of culture has been overlooked to explain this situation. This study aims to provide insights into the impact of culture on own-label brands performance. This thesis formulates and tests a conceptual framework linking Hofstede s (1980, 2001) five cultural dimensions (power distance, individualism, masculinity, uncertainty avoidance & long-term orientation) to retail market development (size of the retail market) and own-label brands performance, controlling for three socio-economic variables: GDP per capita, Gini index and Government expenditure. Relevant literature is reviewed in order to develop hypotheses. The conceptual model is then tested upon a sample of 65 countries, utilising data collected via secondary sources and the application of structural equation modelling techniques. The results of this study indicate that three out of five Hofstede s cultural dimensions, power distance, individualism and uncertainty avoidance, have a significant impact on retail market development, which in turn, significantly influences own-label brands performance. Moreover, results show that individualism and long-term orientation have a significant direct impact on own-label brands performance. Past studies on this domain are restricted to one or two cultural dimensions and generally involve a limited number of countries. This research therefore pioneers in investigating the five national cultural dimensions across a high number of nations. The findings are important for retailers and may help them to adapt their own-label strategy according to the culture of the nation they are operating in.
Supervisor: Not available Sponsor: Loughborough University
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.654770  DOI: Not available
Keywords: Culture ; Own-label brands performance ; Retail market development ; Socio-economic factors ; Structural equation modelling
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