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Article
Publication date: 11 April 2008

Troy Heffernan, Grant O'Neill, Tony Travaglione and Marcelle Droulers

The two aims of this paper are to explore the development of trust for relationships between staff and customers in the banking sector and to investigate possible links between…

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Abstract

Purpose

The two aims of this paper are to explore the development of trust for relationships between staff and customers in the banking sector and to investigate possible links between financial performance of relationship manager and their levels of emotional intelligence (EI) and trust.

Design/methodology/approach

An internet survey was undertaken, where respondents were asked to complete an EI test and questions relating to trusting behaviour. These data were integrated with financial performance data supplied by the bank. Exploratory and confirmatory factor analysis and correlation analysis was used to identify links.

Findings

Trust was found to be made up of three components: dependability; knowledge; and expectations. Further, there were significant correlations between both trust and EI, when compared to the financial performance of a relationship manager.

Research limitations/implications

The methods used by the bank to collect performance data have limited the analysis that could be conducted.

Practical implications

Increased awareness by the relationship managers of their own emotions, and how they perceive and act upon the emotions of others, should favourably impact financial performance.

Originality/value

This paper is an important initial step in highlighting the significance of EI and trust in the relationship marketing/selling arena.

Details

International Journal of Bank Marketing, vol. 26 no. 3
Type: Research Article
ISSN: 0265-2323

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