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Relative advantage of interactive electronic banking adoption by premium customers

Relative advantage of interactive electronic banking adoption by premium customers The purpose of this paper is to develop a nuanced understanding of premium customers’ intent to adopt an interactive electronic channel (IEC) and the moderating role of social capital on perceived relative advantage (RA) in adoption.Design/methodology/approachStudy findings are based on a field survey that investigates the launching of an IEC by a leading international bank in Hong Kong.FindingsAmong social capital dimensions, cognitive capital significantly weakens the relationship between efficacy of information acquisition and IEC adoption, while relational capital enhances the relationship between trust and adoption.Research limitations/implicationsThis paper provides a theoretical lens based on social capital theory for evaluating the moderating effects of social capital on the relationship between RA and IEC adoption by premium customers in the banking industry.Practical implicationsFindings provide insights for the practice of banks when trying to deliver financial services via an IEC to the premium customer segment.Originality/valueThis research extends the channel choice theory to the context of banking channel adoption of premium customers; provides a better understanding of the IEC and its adoption in the more complex setting of financial consultation services; and offers insights for a better understanding of fragmented findings on the relationships between adoption intention and its antecedents in response to calls for studies on contingent factors. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Internet Research Emerald Publishing

Relative advantage of interactive electronic banking adoption by premium customers

Internet Research , Volume 30 (2): 23 – Apr 6, 2020

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References (84)

Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
1066-2243
DOI
10.1108/intr-06-2018-0280
Publisher site
See Article on Publisher Site

Abstract

The purpose of this paper is to develop a nuanced understanding of premium customers’ intent to adopt an interactive electronic channel (IEC) and the moderating role of social capital on perceived relative advantage (RA) in adoption.Design/methodology/approachStudy findings are based on a field survey that investigates the launching of an IEC by a leading international bank in Hong Kong.FindingsAmong social capital dimensions, cognitive capital significantly weakens the relationship between efficacy of information acquisition and IEC adoption, while relational capital enhances the relationship between trust and adoption.Research limitations/implicationsThis paper provides a theoretical lens based on social capital theory for evaluating the moderating effects of social capital on the relationship between RA and IEC adoption by premium customers in the banking industry.Practical implicationsFindings provide insights for the practice of banks when trying to deliver financial services via an IEC to the premium customer segment.Originality/valueThis research extends the channel choice theory to the context of banking channel adoption of premium customers; provides a better understanding of the IEC and its adoption in the more complex setting of financial consultation services; and offers insights for a better understanding of fragmented findings on the relationships between adoption intention and its antecedents in response to calls for studies on contingent factors.

Journal

Internet ResearchEmerald Publishing

Published: Apr 6, 2020

Keywords: Social capital; Channel choice; Relational capital; Electronic channel; Cognitive capital

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