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Carlos Flavián (Faculty of Economics and
Business Studies, University of Zaragoza,
Zaragoza, Spain)
Purpose
Design/methodology/approach
Findings
Practical implications
Originality/value
Consumer trust, perceived security and privacy policy: Three basic elements of loyalty to a web site
Author(s):
...Show all authors
Acknowledgements:
The authors are grateful for the financial
support of the Ministry of Education and
Science and the Aragón Government (S‐46;
PM‐034).
Abstract:
– The purpose of this paper is to analyze the
effect of privacy and perceived security on
the level of trust shown by the consumer in
the internet. It also aims to reveal and test
the close relationship between the trust in a
web site and the degree of loyalty to it.
– First, there is an explanation of the main
attributes of the concepts examined, with
special attention being paid to the multi‐
dimensional nature of the variables and the
relationships between them. This is followed
by an examination of the validation
processes of the measuring instruments.
– Specifically, the study reveals that an
individual's loyalty to a web site is closely
linked to the levels of trust. Thus, the
development of trust not only affects the
intention to buy, as shown by previous
researchers, but it also directly affects the
effective purchasing behavior, in terms of
preference, cost and frequency of visits, and
therefore, the level of profitability provided
by each consumer. In addition, the analyses
show that trust in the internet is particularly
influenced by the security perceived by
consumers regarding the handling of their
private data.
– The results of this study provide several
managerial implications for companies in this
sector. Suggestions are offered for national
and international organizations involved in
regulating these markets.
– The results of this research remedy, to a
certain extent, the scarcity of empirical
studies that have designed and validated
measuring scales for the concepts of privacy,
security, trust and loyalty to the internet, as
well as testing the relationships between
them.
Keywords:
Internet, Trust, Data security, Privacy, Custom
er loyalty
Type:
Research paper
Publisher:
Emerald Group Publishing Limited
Copyright:
© Emerald Group Publishing Limited 2006
Published by Emerald Group Publishing
Limited
Citation:
Carlos Flavián, Miguel Guinalíu, (2006)
"Consumer trust, perceived security and
privacy policy: Three basic elements of
loyalty to a web site", Industrial Management
& Data Systems, Vol. 106 Issue: 5, pp.601-
620, https://doi.org/10.1108/0263557061066
6403
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