scholarly journals Does coping mediate the effect of financial threat on life satisfaction? A multigroup analysis

2021 ◽  
Vol 39 (1) ◽  
pp. 65-76
Author(s):  
Rafaela Dias Matavelli ◽  
Saul Neves Jesus ◽  
Patrícia Pinto ◽  
João Viseu

The year of 2007 was marked by one of the most severe global financial crises, which led to an increase of psychopathological symptoms that negatively affected life satisfaction. This research analyzed how financial threat was associated with life satisfaction and how coping, as a mediating variable, influenced this relationship. The theoretical model was tested through a sample of 901 Portuguese individuals, averaging 37 years old (SD=12.86). A structural equation modelling (SEM) was used to obtain the results, by using a multiple-group analysis. Overall, the results showed that financial threat is negatively associated with life satisfaction and that proactive coping strategies have a positive association with life satisfaction.The results obtained from coping as a mediating variable were not significant (considering the total sample). However, when we performed a multiple-group analysis, in the group of individuals with lower levels of financial threat, the mediation effect was statistically significant, showing an almost total attenuation of the crisis’s negative effects on life satisfaction. Thusly, we can infer that the mediating role of coping depends on the level of perceived financial threat. Since periods of financial threat have a negative impact on individuals’ psychological health, coping strategies can mitigate this relationship by decreasing the aforementioned negative impact.

2018 ◽  
Vol 30 (2) ◽  
pp. 900-918 ◽  
Author(s):  
Sunhee Seo ◽  
Kawon Kim ◽  
Junghee Jang

Purpose The purpose of this paper is to examine the moderating effect of uncertainty avoidance (UA) on the relationships among subjective knowledge, attitude toward Korean foods and dining out behavioral intentions (BI) of foreign residents in Korea. Design/methodology/approach A total of 247 foreign residents in Korea were participated through a street intercept survey at several locations in metropolitan areas of South Korea. Subsequently, the samples were divided into two groups (a low UA group and a high UA group) for multiple group analysis to examine the moderating role of UA. Findings The results of structural equation modeling showed that subjective knowledge and attitude toward Korean foods significantly influenced intention to visit Korean restaurants. Furthermore, multiple group analysis results showed that UA had a significant moderating effect as a cultural dimension on the relationships between subjective knowledge and BI, as well as between attitude and BI. Research limitations/implications This research has made the first attempt to account for UA in examining the relationships among subjective knowledge, attitude and BIs, especially for ambiguous situations where foreign residents who are new to the mainstream Korean food culture face challenges in visiting Korean restaurants. Practical implications The findings indicate that enhancing subjective knowledge about Korean foods should increase the probability of foreign residents visiting Korean restaurants, so restaurant marketers should consider subjective knowledge as they work to encourage foreign residents to try Korean foods. Furthermore, planning strategies for marketing to foreign residents should consider level of UA among foreigners. Originality/value This study first illustrates the value of considering the cultural trait of UA in examining dining out behavior at ethnic restaurants. The UA trait sheds light on how subjective knowledge helps predict attitude and dining out BI at ethnic restaurants.


2021 ◽  
Author(s):  
Nan Lu ◽  
Bei Wu

Abstract This study examined the mediator role of social capital on the association between perceived neighborhood environment and life satisfaction among older adults in urban China, and further tested the moderating effect of gender in the above paths (i.e., from neighborhood environment to life satisfaction; from neighborhood environment to social capital; from social capital to life satisfaction). We used quota sampling approach to recruit 472 respondents aged 60 years old or older in Shanghai in 2020. From the perspective of structural equation modeling, multiple group analysis was conducted to examine the proposed hypotheses. The measurement model of social capital was well established in urban Chinese community contexts. Based on the whole sample, the results of the mediation model showed that social capital played a mediation role in the association between neighborhood environment and life satisfaction. Furthermore, the results of multiple group analysis showed that the association between neighborhood environment and cognitive social capital was only significant among older women. The findings highlight the role of neighborhood environment and social capital in building age-friendly communities.


2019 ◽  
Vol 2 (1) ◽  
pp. 85-98 ◽  
Author(s):  
Dr. Rizwan Qaisar Danish ◽  
Rabia Shahid ◽  
Hafiz Fawad Ali

Purpose- Life satisfaction is a level in which feelings of people are affected positively or negatively about their lives. Employees whose lives are more satisfied are generally more committed with their works, reveal low absenteeism and more efficient in doing duties. This study aims to investigate what factors affect life satisfaction of employees in the banking sector specifically in the Pakistani context.  Design/Methodology- The target population of this study was non-managerial employees of banks in Lahore.  Total 340 questionnaires were distributed among employees in which 60 were filled incomplete and 30 were lost. The data were collected through self-administered questionnaires distributed to 250 respondents.  Findings- The findings of structural equation modeling showed that economic hardship, prospective anxiety, and work stress has a negative impact on life satisfaction. Results also show that economic hardship and prospective anxiety has a positive impact on the financial threat. The financial threat is negatively related to life satisfaction.  Practical Implications- It can also help managers to understand the insight of employee adverse financial decision making. Managers also make guidelines which may minimize all the consequences of psychological distress. It also helps in identifying methods to reduce anxiety, stress and economic hardship.


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