A purchase intention model for foreign banks within Indonesia

Purpose – This paper aims to present a conceptual model that highlights the complexities associated with foreign banks wishing to operate with the Indonesian marketplace. Design/methodology/approach – The paper is conceptual in nature and draws upon the marketing literature and theory to present a n...

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Main Authors: Muchtar, Fatimah, Kingshott, Russel, Wong, David, Laksamana, Patria
Format: Journal Article
Published: Emerald Group Publishing Limited 2012
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/39155
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author Muchtar, Fatimah
Kingshott, Russel
Wong, David
Laksamana, Patria
author_facet Muchtar, Fatimah
Kingshott, Russel
Wong, David
Laksamana, Patria
author_sort Muchtar, Fatimah
building Curtin Institutional Repository
collection Online Access
description Purpose – This paper aims to present a conceptual model that highlights the complexities associated with foreign banks wishing to operate with the Indonesian marketplace. Design/methodology/approach – The paper is conceptual in nature and draws upon the marketing literature and theory to present a number of propositions. Findings – The paper melds key international marketing constructs by positing that Indonesian consumers using foreign banks yield utilitarian, hedonistic and symbolic benefits. These underlying consumer outcomes are modeled into variables likely to impact purchase intentions. Research limitations/implications – This paper represents the first attempt to conceptualize the many challenges facing foreign banks operating within an Indonesian setting. As Indonesia has a diverse range of cultures and values systems the model highlights the considerations associated with operating in such a diverse country. Practical implications – A number of important implications are presented for bank decision makers operating within Indonesia. Originality/value – A conceptual model is presented and the paper suggests a future research agenda applicable to both the Indonesian and wider banking context.
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format Journal Article
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institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T08:57:31Z
publishDate 2012
publisher Emerald Group Publishing Limited
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spelling curtin-20.500.11937-391552017-09-13T16:03:54Z A purchase intention model for foreign banks within Indonesia Muchtar, Fatimah Kingshott, Russel Wong, David Laksamana, Patria Consumer behaviour Indonesia Country of origin Banks Ethnocentrism Purchase intention Banking Class consciousness Animosity Purpose – This paper aims to present a conceptual model that highlights the complexities associated with foreign banks wishing to operate with the Indonesian marketplace. Design/methodology/approach – The paper is conceptual in nature and draws upon the marketing literature and theory to present a number of propositions. Findings – The paper melds key international marketing constructs by positing that Indonesian consumers using foreign banks yield utilitarian, hedonistic and symbolic benefits. These underlying consumer outcomes are modeled into variables likely to impact purchase intentions. Research limitations/implications – This paper represents the first attempt to conceptualize the many challenges facing foreign banks operating within an Indonesian setting. As Indonesia has a diverse range of cultures and values systems the model highlights the considerations associated with operating in such a diverse country. Practical implications – A number of important implications are presented for bank decision makers operating within Indonesia. Originality/value – A conceptual model is presented and the paper suggests a future research agenda applicable to both the Indonesian and wider banking context. 2012 Journal Article http://hdl.handle.net/20.500.11937/39155 10.1108/02652321211262212 Emerald Group Publishing Limited restricted
spellingShingle Consumer behaviour
Indonesia
Country of origin
Banks
Ethnocentrism
Purchase intention
Banking
Class consciousness
Animosity
Muchtar, Fatimah
Kingshott, Russel
Wong, David
Laksamana, Patria
A purchase intention model for foreign banks within Indonesia
title A purchase intention model for foreign banks within Indonesia
title_full A purchase intention model for foreign banks within Indonesia
title_fullStr A purchase intention model for foreign banks within Indonesia
title_full_unstemmed A purchase intention model for foreign banks within Indonesia
title_short A purchase intention model for foreign banks within Indonesia
title_sort purchase intention model for foreign banks within indonesia
topic Consumer behaviour
Indonesia
Country of origin
Banks
Ethnocentrism
Purchase intention
Banking
Class consciousness
Animosity
url http://hdl.handle.net/20.500.11937/39155