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Australian Journal of Business and Management Research Vol.1 No.6 [51-59] | September-
THE EFFECTIVENESS OF CORPORATE BRANDING STRATEGY IN
MULTI-BUSINESS COMPANIES
Masume Hosseinzadeh Shahri
Faculty member of Business Management Department,
Alzahra University, IRAN
E-mail: mhshahri@alzahra.ac.ir
ABSTRACT
Is your corporate branding strategy effective? This paper presents a triple -dimension model for the assessment
of the effectiveness of corporate branding strategy as a strategic decision in an organization: multiple
stakeholders reliance, financial value and strategic position. The elements of the model are based on
information obtained from literature review and structured interview with specialists in strategic management
and marketing and some multi-business companies managers. A questionnaire and confirmatory factor analysis
(CFA) have been used to validate the measurement. Assessing the three dimensions (multiple stakeholders
reliance, financial value and strategic position) and integrating them into a scheme enable CEOs to understand
whether their corporate branding strategy is effective.
Keywords: Multi-business companies, Effectiveness of corporate branding strategy, Multiple stakeholders
reliance, Financial value, Strategic position.
1. INTRODUCTION AND PURPOSE OF THE STUDY
Managers at the corporate level in multi-business firms that comprise different businesses have to coordinate the
activities of multiple business units and consequently face a variety of strategic decisions that concern the
overall corporation. One of these strategic decisions
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