Consumers Felt Commitment Towards Retailers: Index Development and Validation

This work seeks to develop an index of the consumer's felt commitment towards the retailer through a formative scale. By using structural equation modeling (SEM), in particular the multiple indicators and multiple causes (MIMIC) model, as well as reflective and formative indicators, the methodo...

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Dettagli Bibliografici
Autori principali: Sánchez Pérez, Manuel, Iniesta Bonillo, María Angeles
Natura: info:eu-repo/semantics/article
Lingua:English
Pubblicazione: Springer 2024
Soggetti:
Accesso online:http://hdl.handle.net/10835/15039
https://doi.org/10.1007/s10869-004-0545-7
Descrizione
Riassunto:This work seeks to develop an index of the consumer's felt commitment towards the retailer through a formative scale. By using structural equation modeling (SEM), in particular the multiple indicators and multiple causes (MIMIC) model, as well as reflective and formative indicators, the methodology developed by Diamantopoulos and Winklhofer is applied in order to construct this index. To clarify the whole meaning of the concept, the article undertakes a thorough review of literature on felt commitment and formative index development. Several MIMIC models are developed in order to validate the index. The empirical study was carried out in the financial services sector.