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The Use of Intuition in the Sponsorship Decision-Making Process

Citation

Delaney, D and Guilding, C and McManus, L, The Use of Intuition in the Sponsorship Decision-Making Process, Contemporary Management Research, 10, (1) pp. 33-60. ISSN 1813-5498 (2014) [Refereed Article]


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DOI: doi:10.7903/cmr.10174

Abstract

This study examines the use of intuition in sponsorship decision-making and seeks to identify factors affecting intuitionís use in the process. Findings support the view that intuition plays an important role in sponsorship decision-making. Support is also provided for the expectation that sponsorship decision-making in large organisations with more formalised decision-making processes is less intuitively based. Furthermore, organisations that place high importance on a trusting relationship when entering into a sponsorship arrangement use relatively high levels of intuition. An association was also found between three aspects of risk exposure and the use of intuition in sponsorship decision-making.

This study advances our understanding of the nature of the role of intuition in sponsorship decision-making. The importance of intuition in sponsorship decisionmaking has been examined in the investment decision-making literature but not the sponsorship literature, and with recent calls for greater use of formalised analytical procedures in sponsorship decision-making, it appears there is considerable potential for decision-makers in the sponsorship area to draw on points of focus raised in this study.

Item Details

Item Type:Refereed Article
Keywords:Sponsorship decision-making; Intuition; Investment Decision-Making; Marketing Strategy; Trust; Risk
Research Division:Commerce, Management, Tourism and Services
Research Group:Accounting, Auditing and Accountability
Research Field:Management Accounting
Objective Division:Expanding Knowledge
Objective Group:Expanding Knowledge
Objective Field:Expanding Knowledge in Commerce, Management, Tourism and Services
UTAS Author:Delaney, D (Dr Deborah Delaney)
ID Code:138296
Year Published:2014
Deposited By:Accounting and Corporate Governance
Deposited On:2020-03-31
Last Modified:2020-03-31
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