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Investigating the link between service quality, value, satisfaction and behavioural intentions in a public sector bank in India

Investigating the link between service quality, value, satisfaction and behavioural intentions in... The study uses Structural Equation Modelling (LISREL 8.5) to compare four competing models of linkage between service quality, satisfaction, value and behavioural intentions of repurchase and recommendation in public sector bank context of India. The indirect effects model was selected due to parsimony and best fit. Service quality was found to significantly impact customer satisfaction and value perceptions. Satisfaction and value were significant antecedents of word of mouth and value was significant antecedent of repurchase intentions. Value has a significant but negative effect on satisfaction. The indirect effect of service quality on behavioural intentions via value and satisfaction is significant. The results indicate the need for adopting a comprehensive approach to managing customer loyalty. Future studies of antecedents of behavioural intentions need to incorporate the effect of value and its components to develop better insight into its role in service encounter outcomes. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Services, Economics and Management Inderscience Publishers

Investigating the link between service quality, value, satisfaction and behavioural intentions in a public sector bank in India

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1753-0822
eISSN
1753-0830
DOI
10.1504/IJSEM.2011.037175
Publisher site
See Article on Publisher Site

Abstract

The study uses Structural Equation Modelling (LISREL 8.5) to compare four competing models of linkage between service quality, satisfaction, value and behavioural intentions of repurchase and recommendation in public sector bank context of India. The indirect effects model was selected due to parsimony and best fit. Service quality was found to significantly impact customer satisfaction and value perceptions. Satisfaction and value were significant antecedents of word of mouth and value was significant antecedent of repurchase intentions. Value has a significant but negative effect on satisfaction. The indirect effect of service quality on behavioural intentions via value and satisfaction is significant. The results indicate the need for adopting a comprehensive approach to managing customer loyalty. Future studies of antecedents of behavioural intentions need to incorporate the effect of value and its components to develop better insight into its role in service encounter outcomes.

Journal

International Journal of Services, Economics and ManagementInderscience Publishers

Published: Jan 1, 2011

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