Service quality transformation and its impact on customer satisfaction and loyalty in Malaysian retail banking sector

This paper investigates the importance of antecedents of customer loyalty such as customer satisfaction and service quality dimensions. It addresses whether the dimensions of service quality impacts customer satisfaction eventually leading to customer loyalty. The Structural Equation modeling tech...

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Main Authors: Annamalah, Sanmugam, Munusamy, Jayaraman, Chelliah, Shankar, Sulaiman, Mohamed, Pandian, Sivamurugan
Format: Article
Language:English
Published: IDOSI Publication 2011
Subjects:
Online Access:http://irep.iium.edu.my/12343/
http://irep.iium.edu.my/12343/
http://irep.iium.edu.my/12343/1/M._Sulaiman_3.pdf
id iium-12343
recordtype eprints
spelling iium-123432012-02-09T06:52:52Z http://irep.iium.edu.my/12343/ Service quality transformation and its impact on customer satisfaction and loyalty in Malaysian retail banking sector Annamalah, Sanmugam Munusamy, Jayaraman Chelliah, Shankar Sulaiman, Mohamed Pandian, Sivamurugan HF5001 Business. Business Administration This paper investigates the importance of antecedents of customer loyalty such as customer satisfaction and service quality dimensions. It addresses whether the dimensions of service quality impacts customer satisfaction eventually leading to customer loyalty. The Structural Equation modeling technique was used in this analysis to determine customer satisfaction and customer loyalty. The results suggest that empathy and assurance are the key factors in delivering customer satisfaction, whereas, tangibility, reliability and responsiveness are found to least impacting customer satisfaction. The relationship between customer satisfaction and customer loyalty is also found to be very significant. Therefore, the bank managers should focus their resources on improving customer care and assuring the services provided to the bank customers will eventually create customer loyalty towards their banks. IDOSI Publication 2011 Article PeerReviewed application/pdf en http://irep.iium.edu.my/12343/1/M._Sulaiman_3.pdf Annamalah, Sanmugam and Munusamy, Jayaraman and Chelliah, Shankar and Sulaiman, Mohamed and Pandian, Sivamurugan (2011) Service quality transformation and its impact on customer satisfaction and loyalty in Malaysian retail banking sector. World Applied Sciences Journal , 15 (10). pp. 1361-1368. ISSN 1818-4952 http://www.idosi.org/wasj/wasj15(10)11/1.pdf
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HF5001 Business. Business Administration
spellingShingle HF5001 Business. Business Administration
Annamalah, Sanmugam
Munusamy, Jayaraman
Chelliah, Shankar
Sulaiman, Mohamed
Pandian, Sivamurugan
Service quality transformation and its impact on customer satisfaction and loyalty in Malaysian retail banking sector
description This paper investigates the importance of antecedents of customer loyalty such as customer satisfaction and service quality dimensions. It addresses whether the dimensions of service quality impacts customer satisfaction eventually leading to customer loyalty. The Structural Equation modeling technique was used in this analysis to determine customer satisfaction and customer loyalty. The results suggest that empathy and assurance are the key factors in delivering customer satisfaction, whereas, tangibility, reliability and responsiveness are found to least impacting customer satisfaction. The relationship between customer satisfaction and customer loyalty is also found to be very significant. Therefore, the bank managers should focus their resources on improving customer care and assuring the services provided to the bank customers will eventually create customer loyalty towards their banks.
format Article
author Annamalah, Sanmugam
Munusamy, Jayaraman
Chelliah, Shankar
Sulaiman, Mohamed
Pandian, Sivamurugan
author_facet Annamalah, Sanmugam
Munusamy, Jayaraman
Chelliah, Shankar
Sulaiman, Mohamed
Pandian, Sivamurugan
author_sort Annamalah, Sanmugam
title Service quality transformation and its impact on customer satisfaction and loyalty in Malaysian retail banking sector
title_short Service quality transformation and its impact on customer satisfaction and loyalty in Malaysian retail banking sector
title_full Service quality transformation and its impact on customer satisfaction and loyalty in Malaysian retail banking sector
title_fullStr Service quality transformation and its impact on customer satisfaction and loyalty in Malaysian retail banking sector
title_full_unstemmed Service quality transformation and its impact on customer satisfaction and loyalty in Malaysian retail banking sector
title_sort service quality transformation and its impact on customer satisfaction and loyalty in malaysian retail banking sector
publisher IDOSI Publication
publishDate 2011
url http://irep.iium.edu.my/12343/
http://irep.iium.edu.my/12343/
http://irep.iium.edu.my/12343/1/M._Sulaiman_3.pdf
first_indexed 2023-09-18T20:21:33Z
last_indexed 2023-09-18T20:21:33Z
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