scholarly journals The Positive Impact of Having Served as a Danwei Leader on Post-retirement Life Satisfaction: Experiences in China

2021 ◽  
Vol 12 ◽  
Author(s):  
Li He ◽  
Kun Wang ◽  
Tianyang Li ◽  
Jiangyin Wang ◽  
Yuting Wang ◽  
...  

Relevance deprivation syndrome refers to feelings of incompetence among retired people caused by them leaving their high status or influential jobs. The question then arises: do people in positions of power, like Danwei leaders in China, have a lower life satisfaction post-retirement compared to other groups? This study investigated the influence of serving as a Danwei leader before retirement on retirees’ life satisfaction, as well as differences in this influence and the channels through which they are affected. Based on the data of 5,873 respondents of the 2018 China Longitudinal Aging Social Survey, ordinary least-squares, ordered logistic regression, and propensity score matching models were used to investigate the influence, differences, and influential mechanisms of serving as a Danwei leader before retirement on retirees’ life satisfaction. We found that Danwei leaders experience a significantly positive impact on their life satisfaction post-retirement. Second, the positive impact of having served in this role on peoples’ post-retirement life satisfaction is related to the resulting higher income, social status, and better living habits. In contrast to the perspective of relevance deprivation syndrome, in China, having been a Danwei leader before retirement has a significantly positive impact on peoples’ life satisfaction post-retirement, with there being a significant difference observed among different types of retired Danwei leaders.

2019 ◽  
Vol 40 (9) ◽  
pp. 1887-1905
Author(s):  
Anning Hu ◽  
Yihong Wang

AbstractThere exist three pension systems for urban older residents in China: the pension for government and public institutions (PGPI), the worker's old-age insurance for enterprise employees (WOI) and the urban residents’ social pension insurance (URSPI). This study examines how this multi-track pension system relates to older urbanites’ life satisfaction. The ordered logistic regression model was fitted to analyse the urban sample of the China Longitudinal Ageing Social Survey (60+ years), a nationwide representative survey collected in 2014. The mediation analyses were further adopted to investigate the potential formative mechanisms. A significantly higher level of life satisfaction was detected for those who receive PGPI benefits relative to those who have access to URSPI and WOI, but no significant difference is detected between URSPI and WOI. Further analyses suggest that the advantage of PGPI in terms of life satisfaction is mediated not through monetary resources, but through the dispositional factor of perceived self-value for the society. This study suggests that different institutional configurations of the pension system stratify older urbanites’ subjective wellbeing by virtue of factors that are associated with people's capabilities of acting and functioning.


2021 ◽  
Vol 13 (23) ◽  
pp. 13225
Author(s):  
Grace B. Yu ◽  
Najung Kim

Under the continuous spread of COVID-19 infection, individuals are finding their own ways to manage their stress and subjective wellbeing. The main objective of this research is to test the role of leisure life satisfaction on one’s subjective wellbeing in the era of COVID-19 as mediated by stress relief. Individuals’ satisfaction with leisure life is hypothesized to both directly and indirectly affect their subjective wellbeing as mediated by relieved stress. The positive impact of stress relief on one’s subjective wellbeing is hypothesized to be moderated by the perceived seriousness of the COVID-19 pandemic. Data from a large-scale social survey in South Korea (N = 40,085) were used to test the hypotheses and the results confirmed them. Theoretical and managerial implications that stress the importance of the strategic management of one’s leisure life are discussed.


2019 ◽  
Vol 91 (3) ◽  
pp. 253-273 ◽  
Author(s):  
Magnhild Nicolaisen ◽  
Bjørn Heine Strand ◽  
Kirsten Thorsen

Studies show that having physical disabilities is associated with lower life satisfaction (LS). People with disabilities have reduced opportunities and welfare compared with people without disabilities. During aging, disabilities may have different impact on LS. A question is whether disability duration plays a unique role by affecting LS or whether an association is caused by other factors. This study analyzed Norwegian panel data ( N = 2,555) including people aged 40 to 79 years at baseline to examine how disability and its duration affect LS at follow-up 5 years later, controlling for sociodemographic, socioeconomic, and health factors using ordinary least-squares regression. People with disabilities had lower LS than those without disabilities. Disability duration affected LS among people aged 40 to 49 years and 60 to 69 years, but the association was due to the lack of social, economic, and health resources. The meaning of duration of disability and challenges of reduced resources will vary with life stages.


2021 ◽  
Vol 5 (Supplement_1) ◽  
pp. 599-599
Author(s):  
Mengya Wang ◽  
Suzanne Bartholomae ◽  
Jonathan Fox

Abstract Retirement has been considered as a major transition in one’s life. Financial security in retirement is a major concern for many Americans. Evidence has shown that being financially prepared for retirement could has a significant, positive impact on one’s life satisfaction. Employing data from the 2012 and 2018 National Financial Capability Study (N=1023), this study analyzes the relationship between participants’ retirement planning in 2012 and their financial satisfaction in 2018. An Ordinary Least Squares regression is used in the current study. This study found relatively low retirement preparedness levels (retirement planning, retirement saving, retirement plan: employer-based or individually held, investment) among the participants in 2012. Based on the descriptive results, adults closest to retirement (ages 55 to 64) are more likely to be planning compared to the other groups, as are adults who were married, highly educated, males, and white. According to the liner regression results, this study found that adults who had a retirement savings goal, had a retirement plan (employer-based or individually held), made regular contributions to retirement plans, and owned investments in 2012 are more likely to be satisfied with their personal financial condition in 2018. As expected, individuals with higher incomes, larger net worth, and those who are older are significantly more likely to be financial satisfied. However, even after controlling for these variables, results show that planning does indeed impact the level of financial satisfaction. Our findings highlight the importance of policies and programs to support Americans with retirement planning.


Author(s):  
Yalçın Tükel ◽  
Abdullah Sencer Temel

The main purpose of this paper is to identify the relationship between the perceived freedom, life satisfaction and happiness scales scores of college student according to some demographic variances. Within the scope of the research; 1024 male (n=532) and female (n=492) students who currently study in the universities were selected by random sampling method. Descriptive, correlation and regression analysis techniques were used for the data obtained through the survey. The result revealed that the perceived freedom in leisure is significantly positively correlated. In terms of life satisfaction, there is a significant difference in gender factor, while there is no significant difference in grade and active sports status. According to the happiness factor, grade variables were the only parameter that had a statistically significant correlation with happiness. Gradual regression analysis indicated that there is a positive correlation between the life satisfaction and happiness level. Similarly, significant correlation was found between the perceived freedom in leisure time and happiness levels of students. In conclusion, our findings indicate that perceived freedom in leisure has a positive impact on the life satisfaction and happiness.


Author(s):  
Fernando Bruna

AbstractDespite the abundant literature in Happiness Science, no paper to date has studied the joint effects of human values on subjective well-being at individual and contextual level. Using European Social Survey data for life satisfaction and Salomon H. Schwartz’s scale for human values with four and ten dimensions, this paper presents novel evidence on the direct effects of individual, regional, and national human values, utilizing two different ways of building cultural indicators of human values. We show that regional factors explain approximately 2% of the dispersion of individual life satisfaction, whereas national factors explain around 12%. The results on the effects of individual human values support Sortheix and Schwartz’s hypothesis, with a significant difference: Individual Conformity has a positive impact on well-being, not the negative sign Sortheix and Schwartz predict for Conservation values. We also find positive direct cultural effects for Benevolence and Conformity and negative effects for Tradition. Additionally, we propose a research agenda for human values and contextual effects on well-being studies.


2008 ◽  
Vol 5 (1) ◽  
pp. 59
Author(s):  
Samsuwatd Zuha Mohd Abbas ◽  
Norli Ali ◽  
Aminah Mohd Abbas

This paper examines the accounting performance of the Islamic banking among (??) commercial banks in Malaysia. A total of 18 commercial banks which include 4 Islamic banks are selected as samples covering the period of 2000 - 2006. Accounting performance is measured by the return on assets (ROA) and return on equity (ROE). The objective of the study is (1) to determine whether Islamic banking performance is at par with the conventional banking and (2) to investigate whether the type (Islamic or conventional bank) and age of bank influence the performance. Result of the independence t-test of the study shows that there is no significant difference in the performance of the Islamic and the conventional banking in Malaysia although the mean score for conventional banking is higher. The regression results show that the age of banks has a positive impact on the bank performance where as none of the types of banks influence performance.


2018 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Shafaque Fatima ◽  
Saqib Sharif

Linking with the business case for diversity, this study examines whether the top management team (TMT) and the board of directors (BODs) diversity has a positive impact on financial institution (FI) performance in select countries of Asia least researched domain. We use data from 119 financial institutions across Asia for the year 2015, initially 1,447 institutions; however, incomplete data was excluded from final analysis. We use three proxies for diversity, that is, nationality diversity, gender diversity, and age diversity of TMT and BODs. To investigate the impact of TMT and BODs diversity, cross-sectional ordinary least-squares estimation is applied, using Return on Average Assets (ROAA%) as a measure of performance.  We find that nationality diversity and age diversity is positively and significantly related to FIs performance. Our evidence indicates that executives and board members with diverse exposure and younger age improve FIs profitability. However, there is no significant relationship between gender and FIs performance.


2020 ◽  
Vol 132 (4) ◽  
pp. 1188-1196 ◽  
Author(s):  
Tobias Greve ◽  
Veit M. Stoecklein ◽  
Franziska Dorn ◽  
Sophia Laskowski ◽  
Niklas Thon ◽  
...  

OBJECTIVEIntraoperative neuromonitoring (IOM), particularly of somatosensory-evoked potentials (SSEPs) and motor-evoked potentials (MEPs), evolved as standard of care in a variety of neurosurgical procedures. Case series report a positive impact of IOM for elective microsurgical clipping of unruptured intracranial aneurysms (ECUIA), whereas systematic evaluation of its predictive value is lacking. Therefore, the authors analyzed the neurological outcome of patients undergoing ECUIA before and after IOM introduction to this procedure.METHODSThe dates of inclusion in the study were 2007–2014. In this period, ECUIA procedures before (n = 136, NIOM-group; 2007–2010) and after introduction of IOM (n = 138, IOM-group; 2011–2014) were included. The cutoff value for SSEP/MEP abnormality was chosen as an amplitude reduction ≥ 50%. SSEP/MEP changes were correlated with neurological outcome. IOM-undetectable deficits (bulbar, vision, ataxia) were not included in risk stratification.RESULTSThere was no significant difference in sex distribution, follow-up period, subarachnoid hemorrhage risk factors, aneurysm diameter, complexity, and location. Age was higher in the IOM-group (57 vs 54 years, p = 0.012). In the IOM group, there were 18 new postoperative deficits (13.0%, 5.8% permanent), 9 hemisyndromes, 2 comas, 4 bulbar symptoms, and 3 visual deficits. In the NIOM group there were 18 new deficits (13.2%; 7.3% permanent, including 7 hemisyndromes). The groups did not significantly differ in the number or nature of postoperative deficits, nor in their recovery rate. In the IOM group, SSEPs and MEPs were available in 99% of cases. Significant changes were noted in 18 cases, 4 of which exhibited postoperative hemisyndrome, and 1 suffered from prolonged comatose state (5 true-positive cases). Twelve patients showed no new detectable deficits (false positives), however 2 of these cases showed asymptomatic infarction. Five patients with new hemisyndrome and 1 comatose patient did not show significant SSEP/MEP alterations (false negatives). Overall sensitivity of SSEP/MEP monitoring was 45.5%, specificity 89.8%, positive predictive value 27.8%, and negative predictive value 95.0%.CONCLUSIONSThe assumed positive impact of introducing SSEP/MEP monitoring on overall neurological outcome in ECUIA did not reach significance. This study suggests that from a medicolegal point of view, IOM is not stringently required in all neurovascular procedures. However, future studies should carefully address high-risk patients with complex procedures who might benefit more clearly from IOM than others.


2018 ◽  
Vol 2 (1) ◽  
pp. 29-36
Author(s):  
Ali Muhammad ◽  
Zahoor Ul Haq ◽  
Imad Khan

This study uses Pakistan Social and Living Measurement Survey 2016 to study gender discrimination in school enrollment across the four provinces of Pakistan using bi-variate analysis. Results show that there is highly significant difference between male and female education in rural areas (x^2=4940.50 and p<0.05). Analysis indicate that gender disparity in enrollment is significantly higher in low income households (x^2=115.468 and P<0.05). The study also showed that as compared to male, fewer female are enrolled in both public and private sectors. Hence, socio-economic factors play important role in making decision about children enrollment in different types of school. The study recommends that government to take appropriate steps to reduce gender discrimination in school enrollment by offering subsidy on female education in the country.


Sign in / Sign up

Export Citation Format

Share Document