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The Impact of Marketing on the Business Performance of Companies: A Literature Review
Abstract
The technology-based global competition environment that pushes businesses to constructive transformation in order to ensure customer satisfaction has further increased the importance of marketing capabilities in business strategies. The purpose of the literature review is to summarize the previous studies about marketing-financial performance nexus. Studies that were published between 1969 and 2019 could be reached from the EBSCO database were included in the literature review. A significant number of studies conducted in different countries have shown that marketing spending is an investment that creates value for the company and has a positive impact on firm profitability, firm value or firm sales. This study contributes to the literature by summarizing the research findings on the effects of marketing investments on business performance.
Keywords
References
- Aaker, D. A. (1996), “Measuring Brand Equity Across Products and Markets”, California Management Review, 38(3), 102-120.
- Aaker, D.A., & Jacobson, R. (1994), “The Financial Information Content of Perceived Quality”, Journal of Marketing Research, 31(2), 191-201.
- Abbott, A.J., Lawler, K.A., & Ling, M.C.H. (1997), “Advertising Investments in The UK Brewing Industry: An Empirical Analysis”, Economic Issues, 2, 55–66.
- Abbott, W. F. & Monsen, J. R. (1979), “On The Measurement Of Corporate Social Responsibility: Self–Reported Disclosure as a Method of Measuring Corporate Social İnvolvement”, Academy of Management Journal, 22, 501–515.
- Abdel-Khalik, A. R. (1975), “Advertising Effectiveness and Accounting Policies”, The Accounting Review, 50, 657-670.
- Ahmed, S. U., Islam, Z. M. & Hasan, I. (2012), “Corporate Social Responsibility and Financial Performance Linkage-Evidence from The Banking Sector of Bangladesh”, Journal of Organizational Management, 1(1), 14-21.
- Alexander, G. J. & Buchholz, R. A. (1978), “Corporate Social Performance and Stock Market Performance”, Academy of Management Journal, 21, 479–486.
- Anderson, J. C. & Frankle, A. W. (1980), “Voluntary Social Reporting: An Isobeta Portfolio Analysis”, Accounting Review, 55, 467–479.
Details
Primary Language
English
Subjects
-
Journal Section
Research Article
Publication Date
February 22, 2021
Submission Date
July 3, 2020
Acceptance Date
November 24, 2020
Published in Issue
Year 2021 Volume: 9 Number: 1
APA
Köylüoğlu, A., Tosun, P., & Doğan, M. (2021). The Impact of Marketing on the Business Performance of Companies: A Literature Review. Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi, 9(1), 63-74. https://doi.org/10.18506/anemon.763875
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