主管:中国科学院
主办:中国优选法统筹法与经济数学研究会
   中国科学院科技战略咨询研究院

Chinese Journal of Management Science ›› 2012, Vol. ›› Issue (1): 185-192.

Previous Articles    

The Impact of Customer Satisfaction on Corporation Financial Performance

WANG Yi1, ZHAO Ping2   

  1. 1. Business School, Central University of Finance and Economics, Beijing 100081,China;
    2. School of Economics and Management, Tsinghua University, Beijing 10084,China
  • Received:2010-05-31 Revised:2011-09-13 Online:2012-02-29 Published:2012-03-09

Abstract: The impact of customer satisfaction on corporation financial performance is one of the most important research focuses of management scholars. With the higher intensity of competing,more and more companies conduct customer satisfaction projects to improve their performance. If they can't measure the effect of these projects accurately, they could not distribute the marketing resource efficiently. Many researches have explored their positive correlation, but there is no research on the internal mechanism of this influence process yet. In this article, we develop a theoretical framework that specifies how customer satisfaction affects corporation performance and then estimate the model by GMM method. Empirically, we collectes data from the Chinese Customer Satisfaction Index (CCSI) and Chinese Public Corporations, find a positive association between the two variables and explain this association by profitable ability and operational ability.

Key words: customer satisfaction, corporation performance, panel data

CLC Number: