Adapting to a New Normal : The Influence of KNPS (Korea Net Promoter Score) of KMAC on Financial Performance in Korea Across Pre- and Post-COVID-19 Eras

This study explores the impact of the Korea Net Promoter Score (KNPS) on corporate financial performance, focusing on the contrasting effects observed before and after the COVID-19 pandemic. By examining KNPS, a crucial customer loyalty metric, in relation to financial outcomes like Return on Assets (ROA), Return on Equity (ROE), and the Sales-to-Assets ratio (Sales_AT), this research provides insights into the dynamic relationship between customer loyalty metrics and financial performance under varying economic conditions. The pre-pandemic analysis reveals that KNPS had a limited influence on financial indicators, significantly impacting only Sales_AT. In contrast, the post-pandemic findings demonstrate a substantial shift, with KNPS emerging as a robust predictor of improved financial performance across all metrics examined. These findings highlight how shifts in consumer behavior and brand trust may have intensified the importance of KNPS in the post-pandemic period, particularly within Korea’s high-context, digitally connected market.

Authors

Publication Details

Journal
The Academy of Customer Satisfaction Management
Published
2024-10-31
DOI
https://doi.org/10.34183/kcsma.26.3.1
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
Field-Weighted Citation Impact
0.00
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article

Adapting to a New Normal : The Influence of KNPS (Korea Net Promoter Score) of KMAC on Financial Performance in Korea Across Pre- and Post-COVID-19 Eras

Lam-Kwong Lee, Eun Jung Lee, Hee Jung Lee, Kevin Song et al.
The Academy of Customer Satisfaction Management
Impact of AI and Big Data on Business and Society
article

Adapting to a New Normal : The Influence of KNPS (Korea Net Promoter Score) of KMAC on Financial Performance in Korea Across Pre- and Post-COVID-19 Eras

Lam-Kwong Lee, Eun Jung Lee, Hee Jung Lee, Kevin Song, Yu Kyung Lee
article en

Abstract

This study explores the impact of the Korea Net Promoter Score (KNPS) on corporate financial performance, focusing on the contrasting effects observed before and after the COVID-19 pandemic. By examining KNPS, a crucial customer loyalty metric, in relation to financial outcomes like Return on Assets (ROA), Return on Equity (ROE), and the Sales-to-Assets ratio (Sales_AT), this research provides insights into the dynamic relationship between customer loyalty metrics and financial performance under varying economic conditions. The pre-pandemic analysis reveals that KNPS had a limited influence on financial indicators, significantly impacting only Sales_AT. In contrast, the post-pandemic findings demonstrate a substantial shift, with KNPS emerging as a robust predictor of improved financial performance across all metrics examined. These findings highlight how shifts in consumer behavior and brand trust may have intensified the importance of KNPS in the post-pandemic period, particularly within Korea’s high-context, digitally connected market.

The Academy of Customer Satisfaction ManagementVol. 26(3)
Openalex Percentile: Top 75%
Impact of AI and Big Data on Business and Society
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