TAILIEUCHUNG - Investigation of customer loyalty and customer satisfaction with respect to corporate social responsibility: a model for the Indian banking industry

This paper aims to study the roles of corporate social responsibility (a non-service related concept) and perceived service quality (a service-related concept) in determining the attitudinal and behavioral loyalty and satisfaction of customers in the retail banking sector in India. | Investigation of customer loyalty and customer satisfaction with respect to corporate social responsibility a model for the Indian banking industry International Journal of Management IJM Volume 6 Issue 9 Sep 2015 pp. 93-101 Article ID IJM_06_09_010 Available online at http IJM JType IJM amp VType 6 amp IType 9 ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication _ INVESTIGATION OF CUSTOMER LOYALTY AND CUSTOMER SATISFACTION WITH RESPECT TO CORPORATE SOCIAL RESPONSIBILITY A MODEL FOR THE INDIAN BANKING INDUSTRY Victor Saha and Abhilas ha Sharma BITS Pilani ABSTRACT This paper aims to study the roles of corporate social responsibility a non-service related concept and perceived service quality a service-related concept in determining the attitudinal and behavioral loyalty and satisfaction of customers in the retail banking sector in India. The study is quantitative in nature and uses the responses of 1067 respondents who answered a survey questionnaire. Data analysis was performed using partial least squares PLS a variance based structural equation modeling method. The results of the study demonstrate that corporate social responsibility CSR has a significant strong and positive association with attitudinal loyalty and satisfaction. While the results are clear and have strong salience for the retail banking industry future research should take into account the specific industry context within the national culture. The study provides a set of findings relating to CSR initiatives and perception of service quality that could be readily incorporated into banks corporate strategic plans. The paper demonstrates an empirical operationalization of CSR initiatives measured from the customers point of view and from which banks could learn for corporate strategy development. Key words Corporate Social Responsibility Customer loyalty Customer Satisfaction and India. .

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