Exploring the relationship between benefit, satisfaction and loyalty among unit trust's retail investors
The purpose of this paper is to empirically a model that reflects the different types of benefit perceived by unit trust retail investors. A quantitative analysis through a personal survey to unit trust customers was performed. A customer study in the mutual fund service industry was conducted on on...
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| Format: | Article |
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IDOSI Publications
2014
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| _version_ | 1796859795101188096 |
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| author | Baharun, Rohaizat Hashim, Noor Hazarina Sulong, Noor Zarina |
| author_facet | Baharun, Rohaizat Hashim, Noor Hazarina Sulong, Noor Zarina |
| author_sort | Baharun, Rohaizat |
| collection | ePrints |
| description | The purpose of this paper is to empirically a model that reflects the different types of benefit perceived by unit trust retail investors. A quantitative analysis through a personal survey to unit trust customers was performed. A customer study in the mutual fund service industry was conducted on one of the famous government linked company that provides unit trust products in Malaysia. Data were analyzed through structural equation modeling and model is estimated. The results from the model suggest that functional and experiential benefits have a major influence on customer satisfaction and purchase intentions. The findings also suggest that unit trust providers should consider treating consumers as partners in their provision of existing services toward unseen criteria and overlooking these less visible area, such as feelings of being successful, comfortable, confidence, independent and having optional to make decision. This study is strategically important to unit trust providers in Malaysia to encourage them to offer new benefit for their customer. The present study is limited in its scope and a first approach of benefit construct is considered and future research was suggested by adding new constructs in order to deepen into the analysis of the relationship between customer and unit trust providers. |
| first_indexed | 2024-03-05T19:32:30Z |
| format | Article |
| id | utm.eprints-52827 |
| institution | Universiti Teknologi Malaysia - ePrints |
| last_indexed | 2024-03-05T19:32:30Z |
| publishDate | 2014 |
| publisher | IDOSI Publications |
| record_format | dspace |
| spelling | utm.eprints-528272018-07-04T11:51:22Z http://eprints.utm.my/52827/ Exploring the relationship between benefit, satisfaction and loyalty among unit trust's retail investors Baharun, Rohaizat Hashim, Noor Hazarina Sulong, Noor Zarina HD Industries. Land use. Labor The purpose of this paper is to empirically a model that reflects the different types of benefit perceived by unit trust retail investors. A quantitative analysis through a personal survey to unit trust customers was performed. A customer study in the mutual fund service industry was conducted on one of the famous government linked company that provides unit trust products in Malaysia. Data were analyzed through structural equation modeling and model is estimated. The results from the model suggest that functional and experiential benefits have a major influence on customer satisfaction and purchase intentions. The findings also suggest that unit trust providers should consider treating consumers as partners in their provision of existing services toward unseen criteria and overlooking these less visible area, such as feelings of being successful, comfortable, confidence, independent and having optional to make decision. This study is strategically important to unit trust providers in Malaysia to encourage them to offer new benefit for their customer. The present study is limited in its scope and a first approach of benefit construct is considered and future research was suggested by adding new constructs in order to deepen into the analysis of the relationship between customer and unit trust providers. IDOSI Publications 2014 Article PeerReviewed Baharun, Rohaizat and Hashim, Noor Hazarina and Sulong, Noor Zarina (2014) Exploring the relationship between benefit, satisfaction and loyalty among unit trust's retail investors. World Applied Sciences Journal, 31 (4). pp. 439-443. ISSN 1818-4952 http://dx.doi.org/10.5829/idosi.wasj.2014.31.04.2076 DOI: 10.5829/idosi.wasj.2014.31.04.2076 |
| spellingShingle | HD Industries. Land use. Labor Baharun, Rohaizat Hashim, Noor Hazarina Sulong, Noor Zarina Exploring the relationship between benefit, satisfaction and loyalty among unit trust's retail investors |
| title | Exploring the relationship between benefit, satisfaction and loyalty among unit trust's retail investors |
| title_full | Exploring the relationship between benefit, satisfaction and loyalty among unit trust's retail investors |
| title_fullStr | Exploring the relationship between benefit, satisfaction and loyalty among unit trust's retail investors |
| title_full_unstemmed | Exploring the relationship between benefit, satisfaction and loyalty among unit trust's retail investors |
| title_short | Exploring the relationship between benefit, satisfaction and loyalty among unit trust's retail investors |
| title_sort | exploring the relationship between benefit satisfaction and loyalty among unit trust s retail investors |
| topic | HD Industries. Land use. Labor |
| work_keys_str_mv | AT baharunrohaizat exploringtherelationshipbetweenbenefitsatisfactionandloyaltyamongunittrustsretailinvestors AT hashimnoorhazarina exploringtherelationshipbetweenbenefitsatisfactionandloyaltyamongunittrustsretailinvestors AT sulongnoorzarina exploringtherelationshipbetweenbenefitsatisfactionandloyaltyamongunittrustsretailinvestors |