Examining the Relationship between Risk Aversion and Behavioral Loyalty in the presence of Brand Affects and Attitudinal Loyalty as mediator: Evidence from Emerging Market
Muhammad Irfan Tariq ()
Additional contact information
Muhammad Irfan Tariq: COMSATS Institute of Information Technology, Vehari Campus
No 2303924, Proceedings of Business and Management Conferences from International Institute of Social and Economic Sciences
Abstract:
The Purpose of this study was to determine the effect of risk aversion on behavioral loyalty in telecom sector of Pakistan. A self-administered questionnaire was used to collect data from respondents using different mobile phone brands on five-point likert scale. Overall 300 filled useable questionnaires were used for data analysis. Data was analyzed through SPSS 21 and AMOS 18. The outcome of various path analyses such as confirmatory factor analysis and Structural Equation Modeling suggest that Risk aversion has direct and positive effect Attitudinal Loyalty; while it has no direct effect on behavioral loyalty Although Risk Aversion has indirect effect on behavioral loyalty through brand affects and attitudinal loyalty as mediator. Different factors are investigated and studies in this study which connects risk aversion with behavioral loyalty. As a result research endeavors to fill the gap about the lack of academic literature on risk aversion and behavioral loyalty relationship in Pakistani context. The results suggest that practitioners may need to be responsive of Loyalty programs as a key indicator in strengthening customer relationship management. The study proposed theoretical implications for Risk aversion and customer loyalty construct. The study will further help practitioners as well as academicians to formulize novel theories to understand consumers? behavior.
Keywords: Risk aversion; behavioral loyalty; attitudinal loyalty; brand affects; customer relationship management (search for similar items in EconPapers)
Pages: 13 pages
Date: 2015-06
New Economics Papers: this item is included in nep-ipr, nep-pr~, nep-mkt and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations:
Published in Proceedings of the Proceedings of the 1st Business & Management Conference, Vienna, Jun 2015, pages 331-343
Downloads: (external link)
https://iises.net/proceedings/business-management- ... =23&iid=021&rid=3924 First version, 2015
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:sek:ibmpro:2303924
Access Statistics for this paper
More papers in Proceedings of Business and Management Conferences from International Institute of Social and Economic Sciences
Bibliographic data for series maintained by Klara Cermakova ().