Choices of savings options related to trust in banks' competence to trust in banks' competence benevolence and stability created by Anders Carlander; Daniel Peterson; Amelie Gamble; Tommy Gärling; Lars-Olof Johansson and Martin Holmen

By:

Carlander, Anders [author]

Contributor(s):

Material type: Text

TextSeries: Journal of financial services marketing ; Volume18, number 2Hampshire, UK: Macmillan Publishers, 2013Content type:

text

Media type:

unmediated

Carrier type:

volume

ISSN:

1363-0539

Subject(s):

Savings -- Skill belief -- Trust

LOC classification:

HG11 JOU

Online resources:

Click here to access online

Abstract: The study investigates whether beliefs in professional investor skill in conjunction with trust in banks and other fund managers explain choices of options for long-term savings. From questionnaire data obtained for a population-based sample (n=178) and a sample of undergraduates (n=186), two index measures were constructed, one of beliefs in the skill of professional investors and another of trust in fund managers. The trust index was aggregated for the three interrelated components: competence, benevolence and stability. Regression analyses of the likelihood of savings in an actively managed fund showed an expected effect of investor-skill beliefs that was mediated by trust in the fund manager. In addition, self-reported knowledge played a larger role than trust for choices of passively managed index funds and in particular for own investment in stocks.

Reviews from LibraryThing.com:

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Current library	Call number	Vol info	Status	Notes	Date due	Barcode
Journal Article	PostGraduate Studies Library - Special Collections	HG11 JOU (Browse shelf(Opens below))	volume 18, number 2 (pages 121-136)	Not for loan	For in house use only

Browsing PostGraduate Studies Library shelves, Shelving location: - Special Collections Close shelf browser (Hides shelf browser)

Previous	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	Next
Previous	HG11 JOU Journal of financial services marketing.	HG11 JOU The effect of job resourcefulness on role stress, emotional exhaustion and overall performance: a study of frontline bank employees	HG11 JOU A review of consumer decision-making models and development of a new model for financial services	HG11 JOU Choices of savings options related to trust in banks' competence to trust in banks' competence benevolence and stability	HG11 JOU Factors influencing investor choice of retirement funds	HG11 JOU Affect and marketing stimuli in consumer loyalty decisions to automobile insurers/	HG11 JOU Affect and marketing stimuli in consumer loyalty decisions to automobile insurers/	Next

The study investigates whether beliefs in professional investor skill in conjunction with trust in banks and other fund managers explain choices of options for long-term savings. From questionnaire data obtained for a population-based sample (n=178) and a sample of undergraduates (n=186), two index measures were constructed, one of beliefs in the skill of professional investors and another of trust in fund managers. The trust index was aggregated for the three interrelated components: competence, benevolence and stability. Regression analyses of the likelihood of savings in an actively managed fund showed an expected effect of investor-skill beliefs that was mediated by trust in the fund manager. In addition, self-reported knowledge played a larger role than trust for choices of passively managed index funds and in particular for own investment in stocks.

There are no comments on this title.

to post a comment.

here