Customer Complaint Recovery and Long-Term Loyalty in Financial Services

Authors

  • Raden Roro Fatma Sari Universitas Sangga Buana YPKP Author
  • Nazhira Nindya Padma Hanuun Yayasan Kreatif Indonesia Emas Author

Keywords:

customer, complaint, recovery, long-term, loyalty, financial, services, business, integrative review

Abstract

This integrative evidence review examines customer complaint recovery and long-term loyalty in financial services by asking how customer complaint recovery is connected to long-term loyalty and which conditions determine whether that connection becomes operationally meaningful. The article synthesizes peer-reviewed and institutional literature relevant to customer, market, channel, and business-model systems, emphasizing mechanisms, boundary conditions, and measurement choices rather than a universal average effect. Evidence associated with Lemon et al., 2016 and Hajli, 2015 is read with the wider source set to distinguish formal adoption from effective use, short-term response from durable capability, and observed association from causal interpretation. The synthesis identifies complementary roles for relationship repair and switching-cost management, brand credibility, and governance or coordination routines. No survey, interview, experiment, proprietary dataset, or regression estimate is represented as having been collected for this conceptual review.

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References

Lemon, K. N., & Verhoef, P. C. (2016). Understanding customer experience throughout the customer journey. Journal of Marketing, 80(6), 69-96. https://doi.org/10.1509/jm.15.0420

Hajli, N. (2015). Social commerce constructs and consumer's intention to buy. International Journal of Information Management, 35(2), 183-191. https://doi.org/10.1016/j.ijinfomgt.2014.12.005

Morhart, F., Malar, L., Guevremont, A., Girardin, F., & Grohmann, B. (2015). Brand authenticity: An integrative framework and measurement scale. Journal of Consumer Psychology, 25(2), 200-218. https://doi.org/10.1016/j.jcps.2014.11.006

Verhoef, P. C., Broekhuizen, T., Bart, Y., Bhattacharya, A., Dong, J. Q., Fabian, N., & Haenlein, M. (2021). Digital transformation: A multidisciplinary reflection and research agenda. Journal of Business Research, 122, 889-901. https://doi.org/10.1016/j.jbusres.2019.09.022

Kraus, S., Durst, S., Ferreira, J. J., Veiga, P., Kailer, N., & Weinmann, A. (2022). Digital transformation in business and management research: An overview of the current status quo. International Journal of Information Management, 63, 102466. https://doi.org/10.1016/j.ijinfomgt.2021.102466

OECD. (2023). OECD SME and Entrepreneurship Outlook 2023. OECD Publishing. https://doi.org/10.1787/342b8564-en

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Published

2026-09-29

How to Cite

Customer Complaint Recovery and Long-Term Loyalty in Financial Services. (2026). Journal of Economics, Accounting, Business, Management, Engineering and Society, 2(4). https://kisainstitute.com/index.php/kisainstitute/article/view/123

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