Retirement Goal Clarity, Needs Estimation, and Saving Amount: Evidence From Hong Kong, China

2018 ◽  
Vol 29 (2) ◽  
pp. 328-342
Author(s):  
Alex Yue Feng Zhu ◽  
Kee Lee Chou
Keyword(s):  
Hong Kong ◽  
Policy Implications ◽  
Retirement Savings ◽  
Mediating Role ◽  
Goal Clarity ◽  
Retirement Saving ◽  
Phone Survey ◽  
Working Age ◽  
The Relationship

This study investigated the relationship between retirement saving needs estimation and the amount of self-reported private retirement savings amassed by working-age adults in Hong Kong, China, by focusing on the mediating role of retirement saving needs estimation between retirement goal clarity and the amount of private retirement savings. Based on the data collected from a phone survey of 958 Hong Kong workers aged 25–64 years, we found that the retirement saving needs estimation was associated with the savings of individuals over 44 years old; furthermore, it mediated the association between retirement goal clarity and self-reported private retirement savings. The findings offer theoretical contributions for financial planning conceptual frameworks and provide policy implications.

scholarly journals Does Death Anxiety Moderate the Adequacy of Retirement Savings? Empirical Evidence from 40-Plus Clients of Spanish Financial Advisory Firms

2019 ◽  
Vol 7 (3) ◽  
pp. 38 ◽  
Author(s):  
Pablo Garmendia ◽  
Gabriela Topa ◽  
Teresa Herrador ◽  
Montserrat Hernández
Keyword(s):  
Empirical Evidence ◽  
Death Anxiety ◽  
Financial Behavior ◽  
Retirement Savings ◽  
Mediating Role ◽  
Retirement Saving ◽  
The Relationship ◽  
Moderating Role ◽  
Practical Implications

This three-wave study analyses the mediating role of financial behavior in the relationship between financial goals and retirement saving adequacy, and the moderating role of Death anxiety. The participants in the study (N = 276) were 40-plus Spanish clients of financial advisory firms. The results show that the relationship between financial goals and retirement saving adequacy is, in fact, mediated by financial behavior. We also found that death anxiety moderates the financial behavior-retirement saving adequacy relationship. The theoretical and practical implications of the study for design are discussed at the end of the paper.

scholarly journals How Authoritarian Leadership Affects Employee's Helping Behavior? The Mediating Role of Rumination and Moderating Role of Psychological Ownership

2021 ◽  
Vol 12 ◽  
Author(s):  
Muhammad Asim ◽  
Liu Zhiying ◽  
Muhammad Athar Nadeem ◽  
Usman Ghani ◽  
Mahwish Arshad ◽  
...  
Keyword(s):  
Helping Behavior ◽  
Policy Implications ◽  
Psychological Ownership ◽  
Research Attention ◽  
Authoritarian Leadership ◽  
Mediating Role ◽  
Adverse Impacts ◽  
Helping Behaviors ◽  
The Relationship

Interpersonal helping behaviors, i.e., voluntarily assisting colleagues for their workplace related problems, have received immense amount of scholarly attention due to their significant impacts on organizational effectiveness. Among several other factors, authoritarian leadership style could influence helping behavior within organizations. Furthermore, this relationship could be mediated by workplace stressor such as rumination, known as a critical psychological health component leading to depressive symptoms, hopelessness and pessimism. In the meantime, less research attention has devoted to probe the crucial role of psychological ownership, which can buffer the adverse effects of authoritarian leadership upon rumination. Building on conservation of resources theory, this study investigates the adverse impacts of authoritarian leadership on employees' helping behaviors through mediating role of rumination, and also examines the moderating effect of psychological ownership between the relationship of authoritarian leadership and rumination. The data were collected from 264 employees in education and banking sectors and the results show: (i) authoritarian leadership has adverse impacts on helping behavior, (ii) rumination mediates the relationship between authoritarian leadership and employees' helping behaviors, and (iii) psychological ownership moderates the positive relationship between authoritarian leadership and rumination. This study concludes that authoritarian leadership has adverse impacts upon helping behavior, which needs to be controlled/minimized. The findings are of great significance for managers, employees, and organizations in terms of policy implications. The limitations and future research directions are also discussed.

Perceived retirement savings adequacy in Hong Kong: an interdisciplinary financial planning model

2014 ◽  
Vol 35 (8) ◽  
pp. 1565-1586 ◽  
Author(s):  
KEE-LEE CHOU ◽  
KAR-MING YU ◽  
WAI-SUM CHAN ◽  
ALFRED M. WU ◽  
ALEX Y. F. ZHU ◽  
...  
Keyword(s):  
Hong Kong ◽  
Age Differences ◽  
Financial Planning ◽  
Retirement Savings ◽  
Fund Managers ◽  
Goal Clarity ◽  
Path Analyses ◽  
Phone Survey ◽  
The Government ◽  
Using Data

ABSTRACTUsing an interdisciplinary model of financial planning, we investigated the factors contributing to perceived adequacy of retirement savings among Hong Kong workers by replicating a previous study of American and Dutch workers. The model was also tested for age differences in the way in which the variables operated within the model. These questions were examined using data from a phone survey conducted with 999 Hong Kong workers in 2012. We examined three psychological factors (future time orientation, goal clarity and financial knowledge), three social support variables (early learning from parents, spousal support and friend support) and three institutional factors (quality of employer pensions, trust in banks and fund managers, and trust in the government), as well as retirement savings planning activity and perceived retirement savings adequacy. Path analyses were used to test the model for the whole sample and separately for younger (N=437) and older (N=562) workers. Although a few age differences were found in the path analyses, the model was found to be useful in explaining the factors contributing to retirement savings planning and practices. Finally, we discuss how our findings differ from those of prior studies, and we assess their theoretical and practical implications.

Goal Clarity, Trust in Management and Intention to Stay: The Mediating Role of Work Engagement

2020 ◽  
pp. 232209372096532
Author(s):  
Neha Bellamkonda ◽  
Nivethitha Santhanam ◽  
Murugan Pattusamy
Keyword(s):  
Employee Engagement ◽  
Work Family Conflict ◽  
Intention To Stay ◽  
Mediating Role ◽  
Goal Clarity ◽  
Trust In Management ◽  
Work Family ◽  
Managerial Level ◽  
The Relationship

Drawing from the Job Demands-Resources (JD-R) theory, the study explores the relationship between goal clarity, trust in management, work–family conflict and intention to stay among managers in the IT and Information Technology Enabled Service sectors. It also analyses the mediating role of employee engagement in the relationship between job resources (i.e., goal clarity and trust in management), job demands (i.e., work–family conflict) and intention to stay. Data were collected through a structured questionnaire from 200 managerial level employees in India. The model was tested using structural equation modelling techniques. Results indicate that employee engagement fully mediates the relationship between goal clarity, trust in management and intention to stay. This study makes significant theoretical contributions by exploring and establishing the relationship between goal clarity and intention to stay. It also contributes to relevant literature by demonstrating the mediating effects of employee engagement with goal clarity, trust in management and intention to stay of managerial level employees. In addition, this article describes the practical implications of work engagement and intention to stay.

Peer-to-peer contact, social support and self-stigma among people with severe mental illness in Hong Kong

2020 ◽  
pp. 002076402096600
Author(s):  
Xu-Hong Li ◽  
Tian-Ming Zhang ◽  
Yuen Yum Yau ◽  
Yi-Zhou Wang ◽  
Yin-Ling Irene Wong ◽  
...  
Keyword(s):  
Social Support ◽  
Mental Illness ◽  
Hong Kong ◽  
Severe Mental Illness ◽  
Social Functioning ◽  
Community Service ◽  
Peer To Peer ◽  
Mediating Role ◽  
The Relationship

Background: Self-stigma exerts a range of adversities for persons with severe mental illness (SMI), however, little is known about the association between peer contact, social support and self-stigma. Aims: This study aimed to explore the mediating role of social support on the relationship between peer contact and self-stigma among persons with SMI in Hong Kong. Methods: A total of 159 persons with SMI (schizophrenia and mood disorder) in community service centres participated in the study through completing a survey on self-stigma, social functioning, social support, perception of peer contact and mass media. Logistic regression was utilised to explore the influencing factors of self-stigma among the participants. Results: The results showed that 81.1% of participants reported moderate to severe levels of self-stigma. Self-stigma was significantly associated with diverse factors (e.g. social functioning). Importantly, positive peer contact was significantly associated with lower self-stigma of persons with SMI. Social support acted as a mediator between peer contact and self-stigma. Conclusion: The results of this study suggest that contact-based interventions, such as enhancing positive peer-to-peer contact, should be conducted for reducing self-stigma among persons with SMI.

scholarly journals Investigating the Mediating role of Goal Clarity in the Relationship between Spiritual Leadership and project Success: Evidence from Software Industry

2021 ◽  
Vol 13 (4) ◽  
pp. 28-48
Author(s):  
Muhammad Anwar Khan ◽  
Syed Tahir Hussain ◽  
Saadullah Shah
Keyword(s):  
Quantitative Research ◽  
Project Success ◽  
Spiritual Leadership ◽  
Research Approach ◽  
Software Projects ◽  
Mediating Role ◽  
Education And Health ◽  
Goal Clarity ◽  
The Relationship

The basic aim of the current study is to examine whether there is any relationship between Spiritual leadership (SL) and project Success (PS) through mediating role of goal clarity (GC). For this purpose this study used quantitative research approach and test the all statistical results through SmartPLS for 326 responded gathered from employs that were associated with software projects in the education and health care industries of Islamabad and Rawalpindi region, Pakistan. All the proposed hypothesis were accepted and result validated that SL is positively and significantly backing to GC and PS. In addition to this, findings also show that GC is shown positive and significant impact on PS and GC is positively and significantly mediate the linkages between SL and PS. There is a key evidence that research on SL and PS is too limited. Therefore, this study using the causal SL theory that identified that how SL is crucial for PS and provide a valuable extension to the SL in the project management literature. This research also disscuss the theortical, practical of this reearch and provide the future recomeneation for further exploration. 

The effects of COVID-19 on trade, production, environmental quality and its implications for green economy

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Dinkneh Gebre Borojo ◽  
Jiang Yushi ◽  
Miao Miao
Keyword(s):  
Environmental Quality ◽  
Descriptive Analysis ◽  
Policy Implications ◽  
Green Economy ◽  
Content Type ◽  
Export Sector ◽  
Mediating Role ◽  
The Impact ◽  
The Relationship

PurposeThis study examines the effects of COVID-19 on trade, production and environmental quality and provides policy implications on green recovery.Design/methodology/approachThe two-step Heckman method is applied to estimate the structural gravity specification of trade. Besides, the two-step system GMM model is used to estimate the effects of COVID-19 on production and environmental quality. Additionally, descriptive analysis and literature review have been used.FindingsThe findings disclose that COVID-19 adversely affected the trade performance of the countries. The results further imply that the regional trade agreements (RTAs) can play a key mediating role in the post-COVID-19 trade recovery. Besides, the impact of COVID-19 on the output is substantially negative. However, the effect of COVID-19 on environmental quality is significantly positive.Originality/valueIt is the first study of its kind to examine the effects of COVID-19 on trade, production and CO2 emissions covering panel countries. Second, it provides a detailed analysis of firms planning to engage in the export sector. Moreover, it offers policy suggestions to consider environmental quality and green recovery. Besides, it examines the mediating role of RTAs in the relationship between trade and the pandemic.

scholarly journals Environmental Leadership, Green Innovation Practices, Environmental Knowledge Learning, and Firm Performance

SAGE Open ◽  
2020 ◽  
Vol 10 (2) ◽  
pp. 215824402092290
Author(s):  
Xiaofeng Su ◽  
Anxin Xu ◽  
Wenhe Lin ◽  
Youcheng Chen ◽  
Songtao Liu ◽  
...  
Keyword(s):  
Firm Performance ◽  
Policy Implications ◽  
Environmental Knowledge ◽  
Green Innovation ◽  
Environmental Leadership ◽  
Mediating Role ◽  
Innovation Practices ◽  
The Relationship ◽  
Knowledge Learning

Environmental leadership has received continuous attention from the business sector in recent years, yet few studies have examined the internal mechanisms and contingent conditions that link environmental leadership to firm performance. The aim of this article is to advance research by investigating the relationship between environmental leadership and firm performance by considering the mediating role of green innovation practices and the moderating role of environmental knowledge learning. A questionnaire survey is used to collect data from 353 agricultural products corporations in China. Empirical results show that environmental leadership has a positive relationship with the two dimensions of firm performance, namely, environmental performance and financial performance. Results also indicate that green innovation practices (including green innovation strategy and actions) play a mediating role between environmental leadership and firm performance. Meanwhile, it is also found that environmental knowledge learning positively moderates the effect of environmental leadership on green innovation practices. This study adds value to the environmental management literature by introducing leadership style as an antecedent variable to examine the impact of environmental leadership on firm performance in China. And the study also highlights the important moderating effect of environmental knowledge learning on the relationship between environmental leadership and green innovation practices. The findings of this article could be important in terms of both management and policy implications.

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