
Trust or satisfaction in a relational approach. The case of financial institutions and high-tech firms
Graf, Raoul; Roberts, Deborah; Guiot, Denis (2011), Trust or satisfaction in a relational approach. The case of financial institutions and high-tech firms, Innovative Marketing, 7, 4, p. 81-92
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Article accepté pour publication ou publiéDate
2011Journal name
Innovative MarketingVolume
7Number
4Publisher
Business Perspectives Ltd.
Pages
81-92
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Show full item recordAbstract (EN)
Recent research has highlighted the importance of trust in building and maintaining business relationships. This research addresses these findings and utilizes Macneil’s norm theory to develop a model illu strating the mediating role of trust in buyer-seller relationships and compare it to the role of satisfaction. The study focuses on the commercial banking sector, where a climate of trust is essential for developing and maintaining business relationships. Data were collected in a dyadic mode from bank account managers and their clients in high-tech firms. The findings suggest that while both satisfaction and trust have a role to play in the financial institution’s strategy, managers underestimate the importance of trust and often have incorrect perceptions of how they are rated by clients. Managerial implications of the findings are considered along with the study’s limitations.Subjects / Keywords
Macneil’s norms; Trust; Satisfaction; Financial services; Relationship marketingRelated items
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