Title: Investigating the influence of service quality on loyalty in banking industry: the role of customer engagement

Authors: Reza Saral; Reza Salehzadeh; Seyed Mehdi Mirmehdi

Addresses: Department of Management, Shahid Ashrafi Esfahani University, Isfahan, Iran ' Department of Management, University of Isfahan, Isfahan, Iran ' Department of Management, Malayer University, Hamedan, Iran

Abstract: Over recent years, special attention in the banking industry has been paid to customer loyalty, mainly because of the relationship between loyalty and profitability in an organisation. This study aimed to evaluate the factors affecting customer engagement and loyalty. In this study, a cross-sectional questionnaire-based research project was employed to collect data from a sample of 356 customers from randomly selected banks in Isfahan. The content validity of the questionnaires was confirmed by experts and its construct validity was approved by using factor analysis. Reliability of the questionnaires was confirmed based on Cronbach's alpha method. Structural equation modelling was used to test the research hypotheses. According to the research findings, the rate of profit, brand, and service quality significantly affect the customer engagement. Furthermore, the rate of profit, brand, service quality and customer engagement have a significant impact on customer loyalty.

Keywords: customer loyalty; customer engagement; service quality; rate of profit and facilities; brand love; brand image; speed of service provision; innovation in services; employee behaviour.

DOI: 10.1504/IJSEM.2024.136057

International Journal of Services, Economics and Management, 2024 Vol.15 No.1, pp.1 - 18

Accepted: 26 Dec 2022
Published online: 15 Jan 2024 *

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