scholarly journals Psychological well-being and perceived financial performance: An SME perspective

2017 ◽  
Vol 48 (4) ◽  
pp. 47-56 ◽  
Author(s):  
S. M. Farrington

Psychological well-being is influenced by the “surrounding contexts of people’s lives” and has consistently been found to be associated with positive outcomes. Given the turbulent surrounding contexts facing SME owners in South Africa, the primary objective of this study was to investigate their level of psychological well-being and to establish the influence thereof on the financial performance of their businesses. A survey using a structured questionnaire was used to gather the necessary data. The population consisted of all owners of SMEs operating within the borders of the Eastern Cape province of South Africa. Criterion and convenience sampling were used and questionnaires were administered by field workers. In total 495 questionnaires were useable for statistical analysis. Scale validity and reliability was assessed, descriptive statistics calculated and Pearson’s product moment correlations established. Multiple regression analysis was undertaken to investigate the hypothesised relationships. The results show that the participating SME owners have high levels of positive psychological well-being and that their businesses are performing financially. The results also suggest that the more SME owners display the attributes associated with environmental mastery, self-acceptance and autonomy, the more likely their SMEs are to perform financially.

Author(s):  
S M Farrington ◽  
E Venter ◽  
B Richardson

The primary objective of this study was to investigate the influence of selected marketing and branding practices on the Perceived financial performance of family SMEs. A survey using a structured questionnaire was used to gather the necessary data. The population consisted of all owners of family SMEs operating within the borders of the Eastern Cape province of South Africa. Criterion and convenience sampling were used and questionnaires were administered by field workers. In total, 325 questionnaires were useable for statistical analysis. Scale validity and reliability were assessed, descriptive statistics calculated and Pearson’s product moment correlations established. Multiple regression analysis was undertaken to investigate the hypothesised relationships. The results show that only product differentiation influences the financial performance of family SMEs, but given the low beta reported for this relationship claiming any serious linear relationship would be erroneous.


Author(s):  
KL Thaba-Nkadimene ◽  
C. Makwara ◽  
D. Mzindle ◽  
M Lebepe ◽  
MS Rabodiba ◽  
...  

The primary objective of this study was to examine, interrogate and establish the influence of COVID-19 lockdown on the well-being of women in the academy and the roles they play as university employees and family members. This study was premised within interpretivism paradigm, and life history; and diaristic approach was used to understand this phenomenon. Biographies and interviews qualitative techniques were used to collect data from six women in academia in one university in South Africa. The research findings identified the COVID-19 pandemic as a cause of anxiety and restlessness among academic women; the excessive workload and lack of time; difficulties in balancing home and work duties; a lack of access to proper resources to aid job duties and research; and a lack of online resources-data, network access and Blackboard. This study recommended adequate online facilities and the design of the virtual mental wellness programmes to help academic women.


Author(s):  
Ali Arazeem Abdullahi ◽  
Anathi Ntozini ◽  
Rotimi Oguntayo

The psychological wellbeing of the elderly has become an important global health issue. This study investigated the socio-contextual factors moderating some dimensions of psychological well-being (self-acceptance, purpose in life, environmental mastery and autonomy) among 301 selected aged in South Africa. Simple random and purposive sampling techniques were deployed to select the respondents (93 males and 208 females) in Buffalo city, South Africa. A questionnaire pack which included the Ryff Psychological Well-Being Scale (RPWBS) and the Physical Activity Scale for the Elderly (PASE) were utilised. The study found a significant relationship between physical activity and psychological wellbeing of the elderly. However, ethnicity could moderate the relationship between physical activity and the dimensions of psychological wellbeing. Recreational activities, particularly in Black communities, must be improved to encourage participation in physical exercise.


Author(s):  
Martina Kotze ◽  
Liezel Massyn

Orientation: In order to withstand the global and local cultural diversity and challenges that South African workplaces face, it is essential for employees to have cross-cultural psychological resources (i.e. cross-cultural psychological capital). A lack of cross-cultural psychological capital or the inability to adjust to cross-cultural environments may impact negatively employees’ psychological well-being.Research purpose: The purpose of this research was to explore the influence of employees’ cross-cultural psychological capital on their psychological well-being (indicated by burnout and work engagement).Motivation for the study: Cross-cultural psychological capital and its influence on employees’ psychological well-being have not been explored in South Africa. This study aimed to fill this gap.Research approach/design and method: Data were collected using questionnaires completed by 213 employees from different organisations in South Africa. Partial least squares (PLS) and structural equations modelling (SEM) were used to explore the relationships between the independent variable (cross-cultural psychological capital) and burnout and work engagement.Main findings: Cross-cultural psychological capital had a statistically significant negative influence on burnout and a statistically significant positive influence on work engagement. It had a stronger negative influence on emotional exhaustion than on cynicism and a stronger positive influence on vigour than on dedication.Practical/managerial implications: Enhancing employees’ cross-cultural psychological capital by means of programmes and short interventions may improve their psychological well-being.Contribution/value-add: This research contributed to filling the gap in the literature regarding the role of cross-cultural psychological capital in the psychological well-being of employees working in cross-cultural environments.


2018 ◽  
Vol 28 (4) ◽  
pp. 284-290
Author(s):  
David Morton ◽  
Dalena van Rooyen ◽  
Danie Venter ◽  
Lena Andersson

2019 ◽  
Author(s):  
Fitri Ariyanti Abidin ◽  
Rismijati E. Koesma ◽  
Poeti Joefiani ◽  
Juke Roosjati Siregar

Well-being adolescents will develop into fully-functioning adults. Research on adolescent’ psychological well-being in Indonesia generally still use concept and measurement conceptualized in western and adult population. This potentially brings bias to the result. The present study aimed to explore psychological well-being concepts based on adolescent perspectives and developing a measurement based on that conceptualization. Exploratory sequential mixed methods were applied; the qualitative study was conducted using semi-structured interviews and focused group discussion techniques, followed by quantitative study to develop the measurement. The result showed that psychological well-being on adolescents aged 12-15 years consists of ten dimensions, namely; positive affect, negative affect, self-confidence, positive relationship, future orientation, self-growth, negative-emotion management, responsibility, problem-solving skill, and harmony. Those results in line with recent development on well-being, which contains elements of hedonic well-being and elements of eudaimonic well-being simultaneously. The influence of developmental characteristics, collectivist and religious culture were found on the dimensions of psychological well-being, showed that psycho-social-contextual aspects could not be neglected. The measurement developed based on the conceptualization consists of 38 items, meet the validity and reliability requirements to be used to measure the psychological well-being of adolescents aged 12-15 years in Indonesia.


2019 ◽  
Vol 3 (Supplement_1) ◽  
pp. S678-S678
Author(s):  
Kelly A O Malley ◽  
Kelsey Bacharz ◽  
Sara H Qualls

Abstract The Caregiver Reaction Scale (CRS) is a comprehensive measure of the family caregiving experience that assesses burden, family strains and positive aspects of caregiving (PAC). The CRS has been validated in sample of older adult help-seeking caregivers, but its validity and reliability in a non-help-seeking sample of caregivers was unknown. This study aimed to explore how well the CRS assesses the full caregiving experience in a younger non-help-seeking sample of family caregivers and to further evaluate the validity of the PAC subscales. A sample of non-help-seeking caregivers (N =452; Mage = 48.56, SD = 17.15) completed online questionnaires of burden, positive aspects of caregiving, and psychological well-being. All subscales of the CRS demonstrated very good internal consistency reliability (α ≤ .88). The PAC subscales of the CRS demonstrated medium to large positive correlations with a measure of positive aspects of caregiving (r ≥ .44) and small to medium positive correlations with psychological well-being (.25 ≥ r ≤ .42). Burden subscales of the CRS had large positive correlations with another measure of burden (r ≥ .66). Medium positive correlations were also found between family and job conflict subscales of the CRS and the burden measure (r ≥ .35). CRS PAC subscales were negatively correlated with the burden measure (r ≤ -.13). The CRS is a valid and reliable measure of the caregiving experience as evidenced by convergent and discriminant validity of CRS subscales and well validated measures of burden and positive aspects of caregiving.


2017 ◽  
Vol 15 (6) ◽  
pp. 684-692 ◽  
Author(s):  
Ümmühan Aktürk ◽  
Behice Erci ◽  
Murat Araz

ABSTRACTObjective:This study was conducted for the purpose of adapting the Functional Assessment of Chronic Illness Therapy–Spiritual Well-Being Scale (FACIT–Sp) for the Turkish context and determining its validity and reliability.Method:In 2016, a convenience sample of 137 cancer patients from Malatya State Hospital completed a structured questionnaire, which provided demographic characteristics, and the FACIT–Sp–12 for patients with cancer. The obtained data were assessed using Cronbach's alpha reliability coefficient (α), Pearson's product-moment correlation coefficient (r), factor analysis, Bartlett's test of sphericity, and the Kaiser–Meyer–Olkin (KMO) measure of sampling adequacy.Results:The result of the KMO test was determined to be 0.827 and that of Bartlett's test 988.692, and both were observed to be significant at a level of p < 0.001. The value of Cronbach's α for the Spiritual Well-Being Scale (SWBS) was determined to be 0.87, and the α values for the SWBS subgroups ranged from 0.78 to 0.93. Our analysis determined that the factors had initial eigenvalues above 1, and that they accounted for 61.61% of the total variance.Significance of results:Our study determined that the Turkish version of the FACIT–Sp has validity and reliability and can be used in Turkish society. We believe that the scale can be used safely in determining convenient care and in planning individual educational programs to enhance patients' spiritual well-being.


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