The impact of fairness on trustworthiness and trust in banking

Roy, Sanjit Kumar; Devlin, James F.; Sekhon, Harjit

Abstract

Theorists and empirical researchers in marketing and other fields suggest that fairness is important in underpinning trust, which, in turn, is integral to developing and maintaining buyer–seller relationships. However, empirical investigation of fairness in the domain of marketing has, to date, been limited. Consequently, the relationship between fairness and trust is not well understood. Thus, the purpose of this study is to provide a fully developed social exchange model examining the differential effects of various dimensions of fairness on trustworthiness and customers’ trust. Data were collected from customers of banks and were analysed using confirmatory factor analysis and structural equation modelling. Findings of the study show that perceptions of fair treatment on the part of customers are important in driving trustworthiness and engendering trust.

Citation

Roy, S. K., Devlin, J. F., & Sekhon, H. (2015). The impact of fairness on trustworthiness and trust in banking. Journal of Marketing Management, 31(9-10), 996-1017. doi:10.1080/0267257x.2015.1036101

• Journal Article Type: Article
• Acceptance Date: Apr 27, 2015
• Online Publication Date: Apr 27, 2015
• Publication Date: Jun 13, 2015
• Deposit Date: Mar 4, 2019
• Journal: Journal of Marketing Management
• Print ISSN: 0267-257X
• Electronic ISSN: 1472-1376
• Publisher: Taylor & Francis (Routledge)
• Peer Reviewed: Peer Reviewed
• Volume: 31
• Issue: 9-10
• Pages: 996-1017
• DOI: https://doi.org/10.1080/0267257x.2015.1036101
• Public URL: https://nottingham-repository.worktribe.com/output/1602644
• Publisher URL: https://www.tandfonline.com/doi/pdf/10.1080/0267257X.2015.1036101?needAccess=true
• Additional Information: Peer Review Statement: The publishing and review policy for this title is described in its Aims & Scope.; Aim & Scope: http://www.tandfonline.com/action/journalInformation?show=aimsScope&journalCode=rjmm20