CONTENTMENT THROUGH THE REALIZED WORTH IN THE BANKING SECTOR
DOI:
https://doi.org/10.47456/regec.2317-5087.2022.11.1.32070.81-103Keywords:
percepção de valor, satisfação, coortesAbstract
The objective of this presented work was to investigate how the consumer’s contentment with banking services, in different generations (young vs. Mature consumers), differs itself, considering the attributes that shape the perceived value (reputation, service’s quality, convenience and monetary sacrifice). Were conducted analysis of two bank clients as samples: 251 respondents from 18 to 30 years old (young) and 267 above 50 years old (mature consumers), through the characterization of the presenting sample, descriptive statistics, variety’s analysis, rate’s difference test and multivariate linear regression. The results pointed rate differences between the public and all the values perception’s construct regarding the contentment, were statistically positives and considerable. The construct’s interaction between young and mature consumers through the multiple linear decrease indicated that only quality of service was remarkable, in both cases.
Downloads
References
Ahn, S. J., & Lee, S. H. (2019). The Effect of Consumers’ Perceived Value on Acceptance of an Internet-Only Bank Service. Sustainability, 11(17), 4599. https://doi.org/10.3390/su11174599
Al-Jazzazi, A., & Sultan, P. (2017). Demographic differences in Jordanian bank service quality perceptions. International Journal of Bank Marketing, 35(2), 275-297. https://doi.org/10.1108/IJBM-07-2016-0091
Amin, M., Isa, Z., & Fontaine, R. (2013). Islamic banks. International Journal of Bank Marketing, 31(2), 79-97. https://doi.org/10.1108/02652321311298627
Augustine, O., & Kingsley, N. K. (2020).. Assessment of the Banking Behaviour of Generation Y University Students and the Future of Retail Banking in North Central Nigeria. Electronic Research Journal of Social Sciences and Humanities, 2(1).
Bakar, J. A., Clemes, M. D., & Bicknell, K. (2017). A comprehensive hierarchical model of retail banking. International Journal of Bank Marketing, 35(4), 662-684. https://doi.org/10.1108/IJBM-03-2016-0041
Berraies, S., Yahia, K. B., & Hannachi, M. (2017). Identifying the effects of perceived values of mobile banking applications on customers. International Journal of Bank Marketing, 35(6), 1018-1038. https://doi.org/10.1108/IJBM-09-2016-0137
Blankson, C., Cheng, J. M. S., & Spears, N. (2007). Determinants of banks selection in USA, Taiwan and Ghana. International Journal of Bank Marketing, 25(7), 469-489. https://doi.org/10.1108/02652320710832621
Boot, A., Hoffmann, P., Laeven, L., & Ratnovski, L. (2021). Fintech: What’s old, what’s new? Journal of Financial Stability, 53, 100836. https://doi.org/10.1016/j.jfs.2020.100836
Bushman, R. M., & Wittenberg‐Moerman, R. (2012). The role of bank reputation in “certifying” future performance implications of borrowers’ accounting numbers. Journal of Accounting Research, 50(4), 883-930. https://doi.org/10.1111/j.1475-679X.2012.00455.x
Cronin, J. J. Jr., Brady, M. K., & Hult, G. T. M. (2000). Assessing the effects of quality, value, and customer satisfaction on consumer behavioral intentions in service environments. Journal of Retailing, 76(2), 193-218. https://doi.org/10.1016/S0022-4359(00)00028-2
Davey, P., & Balakrishnan, L. (2017). A Study on Factors Influencing Brand Preferences among Baby Boomers and Generation Y Buyers in Passenger Car Segment Focussing Chennai Region. International Journal of Management Sciences and Business Research, 6(4).
Dhanapal, S., Vashu, D., & Subramaniam, T. (2015). Perceptions on the challenges of online purchasing: a study from “baby boomers”, generation “X” and generation “Y” point of views. Contaduría y Administración, 60, 107-132. https://doi.org/10.1016/j.cya.2015.08.003
Gan, C., Clemes, M., Wei, J., & Kao, B. (2011). An empirical analysis of New Zealand bank customers’ satisfaction. Banks and Bank Systems, 6(3), 63-77.
Garzaro, D. M., Varotto, L. F., & Pedro, S. (2020). Internet and mobile banking: The role of engagement and experience on satisfaction and loyalty. International Journal of Bank Marketing, 39(1), 1-23. https://doi.org/10.1108/IJBM-08-2020-0457
George, A., & Kumar, G. G. (2014). Impact of service quality dimensions in internet banking on customer satisfaction. Decision, 41(1), 73-85. https://doi.org/10.1007/s40622-014-0028-2
Gurău, C. (2012). A life‐stage analysis of consumer loyalty profile: comparing Generation X and Millennial consumers. Journal of Consumer Marketing, 29(2), 103-113. https://doi.org/10.1108/07363761211206357
Haq, W., & Muhammad, B. (2013). Customer satisfaction: A comparison of public and private banks of Pakistan. Proceedings of International Conference on Management Science and Engineering Management, USA, 6. https://doi.org/10.1007/978-1-4471-4600-1_45
Jung, K., & Kang, M. Y (2021). Understanding Credit Card Usage Behavior of Elderly Korean Consumers for Sustainable Growth: Implications for Korean Credit Card Companies. Sustainability, 13(7), 3817; https://doi.org/10.3390/su13073817
Kant, R., & Jaiswal, D. (2017). The impact of perceived service quality dimensions on customer satisfaction. International Journal of Bank Marketing, 35(3), 411-430. https://doi.org/10.1108/IJBM-04-2016-0051
Kaura, V. (2013a). Antecedents of customer satisfaction: a study of Indian public and private sector banks. International Journal of Bank Marketing, 31(3), 167-186. https://doi.org/10.1108/02652321311315285
Kaura, V. (2013b). Service convenience, customer satisfaction, and customer loyalty: Study of Indian commercial banks. Journal of Global Marketing, 26(1), 18-27. https://doi.org/10.1080/08911762.2013.779405
Kaura, V., Prasad, C. S. D., & Sharma, S. (2015). Service quality, service convenience, price and fairness, customer loyalty, and the mediating role of customer satisfaction. International Journal of Bank Marketing, 33(4), 404-422. https://doi.org/10.1108/IJBM-04-2014-0048
Khan, N., Kadir, S. L. S. A,., & Hoe, H. Y. (2013). Exploring multi-dimensions of customer value in service industry. Australian Journal of Basic and Applied Sciences, 7(4), 43-55.
Kumar, A., & Lim, H. (2008). Age differences in mobile service perceptions: comparison of Generation Y and baby boomers. Journal of Services Marketing, 22(7), 568-577. https://doi.org/10.1108/08876040810909695
Larán, J. A., & Rossi, C. A. V. (2003). O poder da surpresa no processo emocional de formação da satisfação. Anais do Encontro Nacional dos Programas de Pós-Graduação em Administração, Atibaia, SP, 27.
Laukkanen, T., Sinkkonen, S., Kivijärvi, M., & Laukkanen, P. (2007). Innovation resistance among mature consumers. Journal of Consumer Marketing, 24(7), 419-427. https://doi.org/10.1108/07363760710834834
Mainardes, E. W., Teixeira, A., & Romano, P.C.S. (2017). Determinants of co-creation in banking services. International Journal of Bank Marketing, 35(2), 187-204. https://doi.org/10.1108/IJBM-10-2015-0165
Marcos, A., & Coelho, A. (2017). Antecedents and consequences of perceived value in the insurance industry. European Journal of Applied Business Management, 3(2), 29-51.
Matzler, K., Würtele, A., & Renzl, B. (2006). Dimensions of price satisfaction: a study in the retail banking industry. International Journal of Bank Marketing, 24(4), 216-231. https://doi.org/10.1108/02652320610671324
Milner, T., & Rosenstreich, D. (2013). Insights into mature consumers of financial services. Journal of Consumer Marketing, 30(3), 248-257. https://doi.org/10.1108/07363761311328919
Narteh, B. (2013). Key determinant factors for retail bank switching in Ghana. International Journal of Emerging Markets, 8(4), 409-427. https://doi.org/10.1108/IJoEM-01-2011-0004
Narteh, B. (2018). Service quality and customer satisfaction in Ghanaian retail banks: the moderating role of price. International Journal of Bank Marketing, 36(1), 68-88. https://doi.org/10.1108/IJBM-08-2016-0118
Parente, E. S., Costa, F. J., & Leocádio, A. L. (2015). Conceptualization and measurement of customer perceived value in banks. International Journal of Bank Marketing, 33(4), 494-509. https://doi.org/10.1108/IJBM-04-2014-0051
Parment, A. (2013). Generation Y vs. Baby Boomers: Shopping behavior, buyer involvement and implications for retailing. Journal of Retailing and Consumer Services, 20(2), 189-199. https://doi.org/10.1016/j.jretconser.2012.12.001
Phan, D. H. B., Narayan, P. K., Rahman, R. E., & Hutabarat, A. R. (2020). Do financial technology firms influence bank performance? Pacific-Basin Finance Journal, 62, 101-210. https://doi.org/10.1016/j.pacfin.2019.101210
Ponnam, A., & Paul, R. (2017). Relative importance of service value by customer relationship stages. International Journal of Bank Marketing, 35(2), 319-334. https://doi.org/10.1108/IJBM-04-2016-0056
Rafael, D. N., & Lopes, E. L. (2019). The Effect of Reactance on Satisfaction: A Study in the Context of Supplementary Health Care Systems. Brazilian Business Review, 16(2), 102-117. https://doi.org/10.15728/bbr.2019.16.2.1
Raithel, S., Wilczynski, P., Schloderer, M. P., & Schwaiger, M. (2010). The value-relevance of corporate reputation during the financial crisis. Journal of Product & Brand Management, 19(6), 389-400. https://doi.org/10.1108/10610421011085703
Roig, J. C. F., Garcia, J. S., Tena, M. A. M., & Monzonis, J. L. (2006). Customer perceived value in banking services. International Journal of Bank Marketing, 24(5), 266-283. https://doi.org/10.1108/02652320610681729
Roig, J. C. F., Guillén, M. E., Coll, S. F., & Saumell, R. P. (2013). Social value in retail banking. International Journal of Bank Marketing, 31(5), 348-367. https://doi.org/10.1108/IJBM-02-2013-0013
Ruiz, B., Garcia, J. A., & Revilla, J. A. (2016). Antecedents and consequences of bank reputation: A comparison of the United Kingdom and Spain. International Marketing Review, 33(6).781-805. https://doi.org/10.1108/IMR-06-2015-0147
Sánchez-Fernández, R. & Iniesta-Bonillo, M. A. (2006). Consumer perception of value: Literature review and a new conceptual framework. Journal of Consumer Satisfaction, Dissatisfaction and Complaining Behavior, 19, 40-58.
Sandhu, S., & Arora, S. (2020). Customers' usage behaviour of e‐banking services: Interplay of electronic banking and traditional banking. International Journal of Finance & Economics, 1, 1-13. https://doi.org/10.1002/ijfe.2266
Sayani, H. (2015). Customer satisfaction and loyalty in the United Arab Emirates banking industry. International Journal of Bank Marketing, 33(3), 351-375. https://doi.org/10.1108/IJBM-12-2013-0148
Severgnini, E., Galdaméz, E. V. C., & Moraes, R. O. (2018). Satisfaction And Contribution Of Stakeholders From The Performance Prism Model. Brazilian Business Review, 15(2), 120-134. https://doi.org/10.15728/bbr.2018.15.2.2
Singh, S., Sahni, M. M., & Kovid, R. K. (2020). What drives FinTech adoption? A multi-method evaluation using an adapted technology acceptance model. Management Decision, 58(8), 1675-1697. https://doi.org/10.1108/MD-09-2019-1318
Sirdeshmukh, D., Singh, J., & Sabol, B. (2002). Consumer trust, value, and loyalty in relational exchanges. Journal of Marketing, 66(1), 15-37. https://doi.org/10.1509/jmkg.66.1.15.18449
Stanley, T. O., Ford, J. K., & Richards, S. K. (1985). Segmentation of bank customers by age. International Journal of Bank Marketing, 3(3), 56-63. https://doi.org/10.1108/eb010761
Sweeney, J. C., & Soutar, G. N. (2001). Consumer perceived value: The development of a multiple item scale. Journal of Retailing, 77(2), 203-220. https://doi.org/10.1016/S0022-4359(01)00041-0
Tesfom, G., & Birch, N. J. (2011). Do switching barriers in the retail banking industry influence bank customers in different age groups differently? Journal of Services Marketing, 25(5), 371-380. https://doi.org/10.1108/08876041111149720
Thompson, K. H., Ellis, D., Soni, S., & Paterson, S. (2017). Attributes influencing clothing store choice for an emerging market’s Generation Y Twixter customers. The International Review of Retail, Distribution and Consumer Research, 28(2), 157-173. https://doi.org/10.1080/09593969.2017.1357647
Titko, J., & Lace, N. (2012). Bank value: comparing customer and employee perceptions. Business, Management and Education, 10(1), 66-76.
Trasorras, R., Weinstein, A., & Abratt, R. (2009). Value, satisfaction, loyalty and retention in professional services. Marketing Intelligence & Planning, 27(5), 615-632. https://doi.org/10.1108/02634500910977854
Treen, E., Pitt, L., Bredican, J., & Farshid, M. (2017). App service: How do consumers perceive the quality of financial service apps on smart devices? Journal of Financial Services Marketing, 22(3), 119-125. https://doi.org/10.1057/s41264-017-0029-2
Tucker, M. & Jubb, C. (2018). Bank and product selection–an Australian student perspective. International Journal of Bank Marketing, 36(1), 126-146. https://doi.org/10.1108/IJBM-10-2016-0151
Vera, J. & Trujillo, A. (2013). Service quality dimensions and superior customer perceived value in retail banks: An empirical study on Mexican consumers. Journal of Retailing and Consumer Services, 20(6), 579-586. doi: https://doi.org/10.1016/j.jretconser.2013.06.005
Williams, K. C., & Page, R. A. (2011). Marketing to the generations. Journal of behavioral studies in business, 3(1), 37-53.
Wolf, M. M., Carpenter, S., & Qenani-Petrela, E. (2005). A comparison of X, Y, and Boomer generation wine consumers in California. Journal of Food Distribution Research, 36(856-2016-57473), 186-191. https://doi.org/10.22004/ag.econ.26724
Zacharias, M. L. B., Figueiredo, K. F., & Almeida, V. M. C. (2008). Determinantes da satisfação dos clientes com serviços bancários. RAE eletrônica, 7(2), 1-23. https://doi.org/10.1590/S1676-56482008000200002
Zameer, H., Tara, A., Kausar, U., & Mohsin, A. (2015). Impact of service quality, corporate image and customer satisfaction towards customers’ perceived value in the banking sector in Pakistan. International Journal of Bank Marketing 33(4), 442-456. https://doi.org/10.1108/IJBM-01-2014-0015
Downloads
Published
How to Cite
Issue
Section
License
Os direitos autorais dos originais aprovados serão automaticamente transferidos à Revista, como condição para sua publicação, e para encaminhamentos junto às bases de dados de indexação de periódicos científicos.
Esta cessão passará a valer a partir da submissão do manuscrito, em formulário apropriado, disponível no Sistema Eletrônico de Editoração da Revista.
A revista se reservará o direito de efetuar, nos originais, alterações de ordem normativa, ortográfica e gramatical, com vistas a manter o padrão culto da língua e a credibilidade do veículo. Respeitará, no entanto, o estilo de escrever dos(as) autores(as).
Alterações, correções ou sugestões de ordem conceitual serão encaminhadas aos(às) autores(as), quando necessário. Nesses casos, os artigos, depois de adequados, deverão ser submetidos a nova apreciação.
As provas finais serão encaminhadas aos(às) autores(as).
Os trabalhos publicados passarão a ser de propriedade da Revista, ficando sua re-impressão (total ou parcial) sujeita à autorização expressa da Revista. Em todas as citações posteriores, deverá ser consignada a fonte original de publicação: Revista Gestão & Conexões.
A Universidade Federal do Espírito Santo e/ou quaisquer das instâncias editoriais envolvidas com o periódico não se responsabilizarão pelas opiniões, idéias e conceitos emitidos nos textos. As opiniões emitidas pelos(as) autores(as) dos artigos serão de sua exclusiva responsabilidade.
Em todo e qualquer tipo de estudo que envolva situações de relato de caso clínico é fundamental o envio de cópia do Termo de Consentimento Livre e Esclarecido assinado(s) pelo(s) paciente(s).