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Integrating perceived sustainability into customer satisfaction models - insights from the Swedish banking and energy sectors
Svenskt Kvalitetsindex AB, Stockholm, Sweden..
EPSI Rating Grp, Stockholm, Sweden..
Svenskt Kvalitetsindex AB, Stockholm, Sweden..
2024 (English)In: Cogent Business & Management, E-ISSN 2331-1975, Vol. 11, no 1, article id 2387203Article in journal (Refereed) Published
Abstract [en]

This study examined the effects of extending a model of customer satisfaction with a construct of perceived sustainability. It thus adds empirical data to the theoretical assessment of a more holistic and socially aware customer, whose satisfaction is dependent on the customers' perceived idea of their supplying organization as sustainable. Utilizing the Extended Performance Satisfaction Index (EPSI) model as well as the Partial Least Square Path Model (PLS-PM) technique, a comparison was performed to examine changes in explanatory and out-of-sample prediction power between the extended and original models. The data comprise 4518 business-to-business (B2B) and business-to-consumer (B2C) interviews conducted in the Swedish banking and energy sector during 2022. Favorable metrics indicate the value of including perceived sustainability within the EPSI model. The results demonstrate a positive relationship between perceived sustainability and customer satisfaction. Overall, the customers' idea of a perfect/ideal organization has the largest increase in out-of-sample predictionary power when adding the construct of perceived sustainability. As such, the customer sees an ideal/perfect organization as someone that can both deliver a functional product and do it in a sustainable way. The study concludes that organizations in the studied sectors, that are perceived to fulfil this criterion will be rewarded by higher customer satisfaction.

Place, publisher, year, edition, pages
TAYLOR & FRANCIS LTD , 2024. Vol. 11, no 1, article id 2387203
Keywords [en]
Customer satisfaction, EPSI model, perceived sustainability, pls-pm, customer, Economics, Innovation Management, Consumer Behaviour, Sustainability
National Category
Business Administration
Identifiers
URN: urn:nbn:se:mdh:diva-68203DOI: 10.1080/23311975.2024.2387203ISI: 001288337200001Scopus ID: 2-s2.0-85201188062OAI: oai:DiVA.org:mdh-68203DiVA, id: diva2:1891041
Available from: 2024-08-21 Created: 2024-08-21 Last updated: 2025-12-02Bibliographically approved
In thesis
1. Exploring the Dynamics of Customer Satisfaction : - the Emerging Role of Perceived Sustainability
Open this publication in new window or tab >>Exploring the Dynamics of Customer Satisfaction : - the Emerging Role of Perceived Sustainability
2026 (English)Doctoral thesis, comprehensive summary (Other academic)
Abstract [en]

Exploring the Dynamics of Customer Satisfaction – the Emerging Role of Perceived Sustainability, aims to advance the understanding of the dynamics of customer satisfaction by examining both its drivers and the use of customer satisfaction measures.

This thesis describes the user-based quality management perspective and the emergence of customer satisfaction measures. Customer satisfaction is highlighted as a key organizational indicator, showing a positive relationship with financial indicators, and the ability to facilitate value in use. The use of both customer satisfaction, and the user-based perspective, in fields such as quality management and innovation, is also described. Sustainability is further highlighted as a concept to which the user-based perspective could be extended. Thus, potentially transforming organizational sustainability initiatives from a regulatory obligation, a license to produce, into a driver of customer satisfaction, and a source of competitive advantage.

Using both qualitative and quantitative data, this thesis explores customer satisfaction models’ drivers, examined the use of customer satisfaction measurements, investigated how an extended customer satisfaction model may be established, and to what extent the model is influenced by adding a construct of perceived sustainability. Both data and structural customer satisfaction model are appended from the Nordic market research agency EPSI Rating. Estimation of customer satisfaction drivers is mainly performed by using the Partial Least Squares Path Modelling technique.  

The findings show how a construct of perceived sustainability may be developed and add empirical data exploring the drivers of customer satisfaction. A customer satisfaction model is further evaluated by adding the developed construct of perceived sustainability, showing favourable fit and increased predictive power in the manifest customer satisfaction items. Especially regarding items considering the customer’s view of an ideal actor. Insights about how organizations may utilize measures based on customer perceptions are also discussed. Further highlighting the importance of focusing on the recipient’s needs and wants when planning to engage in measuring customer satisfaction.

For scholars, this thesis shows how a construct of perceived sustainability may be developed and add empirical data clarifying the drivers of customer satisfaction. This thesis also shows how customer satisfaction measures are being applied in practice and the importance of considering all direct and indirect interactions within the customer experience. Simply stated, the importance of considering the dynamics of customer satisfaction.

For practitioners, this thesis provides insights about how organizations can enhance customer satisfaction and shows that sustainability, when analysed as a part of the customer experience, may be transformed from a strict regulatory obligation, into a source of competitive advantage.

Future research is suggested to examine how the results of this thesis could be enhanced by adding a time perspective and how the results could be applied in different fields of research. For example, as tools to examine market disruptions. New ways to estimate drivers of customer satisfaction are further suggested to advance the understanding of the customer experience and to extend the findings of this thesis.

Place, publisher, year, edition, pages
Eskilstuna: Mälardalen University, 2026. p. 81
Series
Mälardalen University Press Dissertations, ISSN 1651-4238 ; 457
National Category
Economics and Business
Research subject
Innovation and Design
Identifiers
urn:nbn:se:mdh:diva-74726 (URN)978-91-7485-742-9 (ISBN)
Public defence
2026-01-30, C3-003 och digitalt, Mälardalens universitet, Eskilstuna, 13:00 (English)
Opponent
Supervisors
Available from: 2025-12-03 Created: 2025-12-02 Last updated: 2026-01-09Bibliographically approved

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