Thank Heavens for Complainers: Impact of Effective Service Recovery on Customer Satisfaction and Post behavioral Intention in Malaysian Banking Industry

The commercial banks are among the service organizations that face intense competition all over the world. The competition has permitted customers to behave in a more demanding manner in their dealings with service providers since there are plenty of choices available in the market. In response, ban...

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Main Author: Goh, Guann Tyng
Format: Thesis
Language:English
Published: 2012
Subjects:
Online Access:http://eprints.intimal.edu.my/690/
http://eprints.intimal.edu.my/690/1/MBA%2085.pdf
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author Goh, Guann Tyng
author_facet Goh, Guann Tyng
author_sort Goh, Guann Tyng
building INTI Institutional Repository
collection Online Access
description The commercial banks are among the service organizations that face intense competition all over the world. The competition has permitted customers to behave in a more demanding manner in their dealings with service providers since there are plenty of choices available in the market. In response, banks are implementing plans and strategies which can enhance customer satisfaction and post-behavioral intention through improved service quality. Unfortunately, service failures are unavoidable even for the best bank. Thus, an effective service recovery, the successful actions a service provider engages in response to a service breakdown, could result in the difference between customer retention and defection. In brief, this research aims to contribute to a growing body of service recovery knowledge by examining the relative impact of service recovery (perceived justice) on customer satisfaction as well as the relationships between customer satisfaction and post-behavioral intention (perceived trust, word of mouth and continue of service intention) in Malaysian commercial banking environment. Based on the research findings from 300 respondents, the impact of perceived interactional justice on customer satisfaction appears to be stronger than that of perceived procedural justice or perceived distributive justice. The findings also indicate that the effect of customer satisfaction on perceived trust is significant and positive. Lastly, the significant and positive effect of customer satisfaction on word of mouth as well as continue of service intention confirms again service recovery attempts after a service failure could ultimately enhance the post-behavioral intention of customers.
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spelling intimal-6902017-02-22T08:22:45Z http://eprints.intimal.edu.my/690/ Thank Heavens for Complainers: Impact of Effective Service Recovery on Customer Satisfaction and Post behavioral Intention in Malaysian Banking Industry Goh, Guann Tyng HD28 Management. Industrial Management The commercial banks are among the service organizations that face intense competition all over the world. The competition has permitted customers to behave in a more demanding manner in their dealings with service providers since there are plenty of choices available in the market. In response, banks are implementing plans and strategies which can enhance customer satisfaction and post-behavioral intention through improved service quality. Unfortunately, service failures are unavoidable even for the best bank. Thus, an effective service recovery, the successful actions a service provider engages in response to a service breakdown, could result in the difference between customer retention and defection. In brief, this research aims to contribute to a growing body of service recovery knowledge by examining the relative impact of service recovery (perceived justice) on customer satisfaction as well as the relationships between customer satisfaction and post-behavioral intention (perceived trust, word of mouth and continue of service intention) in Malaysian commercial banking environment. Based on the research findings from 300 respondents, the impact of perceived interactional justice on customer satisfaction appears to be stronger than that of perceived procedural justice or perceived distributive justice. The findings also indicate that the effect of customer satisfaction on perceived trust is significant and positive. Lastly, the significant and positive effect of customer satisfaction on word of mouth as well as continue of service intention confirms again service recovery attempts after a service failure could ultimately enhance the post-behavioral intention of customers. 2012 Thesis NonPeerReviewed text en http://eprints.intimal.edu.my/690/1/MBA%2085.pdf Goh, Guann Tyng (2012) Thank Heavens for Complainers: Impact of Effective Service Recovery on Customer Satisfaction and Post behavioral Intention in Malaysian Banking Industry. Masters thesis, INTI International University.
spellingShingle HD28 Management. Industrial Management
Goh, Guann Tyng
Thank Heavens for Complainers: Impact of Effective Service Recovery on Customer Satisfaction and Post behavioral Intention in Malaysian Banking Industry
title Thank Heavens for Complainers: Impact of Effective Service Recovery on Customer Satisfaction and Post behavioral Intention in Malaysian Banking Industry
title_full Thank Heavens for Complainers: Impact of Effective Service Recovery on Customer Satisfaction and Post behavioral Intention in Malaysian Banking Industry
title_fullStr Thank Heavens for Complainers: Impact of Effective Service Recovery on Customer Satisfaction and Post behavioral Intention in Malaysian Banking Industry
title_full_unstemmed Thank Heavens for Complainers: Impact of Effective Service Recovery on Customer Satisfaction and Post behavioral Intention in Malaysian Banking Industry
title_short Thank Heavens for Complainers: Impact of Effective Service Recovery on Customer Satisfaction and Post behavioral Intention in Malaysian Banking Industry
title_sort thank heavens for complainers: impact of effective service recovery on customer satisfaction and post behavioral intention in malaysian banking industry
topic HD28 Management. Industrial Management
url http://eprints.intimal.edu.my/690/
http://eprints.intimal.edu.my/690/1/MBA%2085.pdf