Social Support as a Moderator of the Relationship between Financial Threat and Life Satisfaction
Financial crises often lead to an increase of pathological symptoms which have a negative impact on life satisfaction. This study analysed the moderating role of social support on the relationship between perceived financial threat and life satisfaction, during austerity periods. Structural equation...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Research Centre for Tourism, Sustainability and Well-being - CinTurs; University of Algarve
2020-03-01
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| Series: | Journal of Spatial and Organizational Dynamics |
| Subjects: | |
| Online Access: | http://www.cieo.pt/journal/J_1_2020/article2.pdf |
| _version_ | 1811234264559124480 |
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| author | Rafaela Dias Matavelli Saul Neves de Jesus Patrícia Pinto João Viseu |
| author_facet | Rafaela Dias Matavelli Saul Neves de Jesus Patrícia Pinto João Viseu |
| author_sort | Rafaela Dias Matavelli |
| collection | DOAJ |
| description | Financial crises often lead to an increase of pathological symptoms which have a negative impact on life satisfaction. This study analysed the moderating role of social support on the relationship between perceived financial threat and life satisfaction, during austerity periods. Structural equation modelling (SEM) using multiple-group analysis was used to assess the obtained results. The collected sample was composed by 901 Portuguese individuals, 603 females and 298 males, with an average age of 37 years old. Overall, results indicated a model in which perceived financial threat and social support were negatively and positively associated with life satisfaction, respectively. The moderating effect of social support revealed that in the group with the highest level of support there was a significant decrease in the association between perceived financial threat and life satisfaction, i.e., social support mitigated the negative effects of perceived financial threat on life satisfaction. The implications of these results are discussed. |
| first_indexed | 2024-04-12T11:33:48Z |
| format | Article |
| id | doaj.art-f70907857f8c411c8e9ccfaa1764dd72 |
| institution | Directory Open Access Journal |
| issn | 2183-1912 |
| language | English |
| last_indexed | 2024-04-12T11:33:48Z |
| publishDate | 2020-03-01 |
| publisher | Research Centre for Tourism, Sustainability and Well-being - CinTurs; University of Algarve |
| record_format | Article |
| series | Journal of Spatial and Organizational Dynamics |
| spelling | doaj.art-f70907857f8c411c8e9ccfaa1764dd722022-12-22T03:34:54ZengResearch Centre for Tourism, Sustainability and Well-being - CinTurs; University of AlgarveJournal of Spatial and Organizational Dynamics2183-19122020-03-01VIII11628Social Support as a Moderator of the Relationship between Financial Threat and Life SatisfactionRafaela Dias Matavelli0Saul Neves de Jesus1Patrícia Pinto2João Viseu3University of AlgarveUniversity of AlgarveUniversity of AlgarveUniversity of AlgarveFinancial crises often lead to an increase of pathological symptoms which have a negative impact on life satisfaction. This study analysed the moderating role of social support on the relationship between perceived financial threat and life satisfaction, during austerity periods. Structural equation modelling (SEM) using multiple-group analysis was used to assess the obtained results. The collected sample was composed by 901 Portuguese individuals, 603 females and 298 males, with an average age of 37 years old. Overall, results indicated a model in which perceived financial threat and social support were negatively and positively associated with life satisfaction, respectively. The moderating effect of social support revealed that in the group with the highest level of support there was a significant decrease in the association between perceived financial threat and life satisfaction, i.e., social support mitigated the negative effects of perceived financial threat on life satisfaction. The implications of these results are discussed.http://www.cieo.pt/journal/J_1_2020/article2.pdfperceived financial threatlife satisfactionsocial supportwell-being |
| spellingShingle | Rafaela Dias Matavelli Saul Neves de Jesus Patrícia Pinto João Viseu Social Support as a Moderator of the Relationship between Financial Threat and Life Satisfaction Journal of Spatial and Organizational Dynamics perceived financial threat life satisfaction social support well-being |
| title | Social Support as a Moderator of the Relationship between Financial Threat and Life Satisfaction |
| title_full | Social Support as a Moderator of the Relationship between Financial Threat and Life Satisfaction |
| title_fullStr | Social Support as a Moderator of the Relationship between Financial Threat and Life Satisfaction |
| title_full_unstemmed | Social Support as a Moderator of the Relationship between Financial Threat and Life Satisfaction |
| title_short | Social Support as a Moderator of the Relationship between Financial Threat and Life Satisfaction |
| title_sort | social support as a moderator of the relationship between financial threat and life satisfaction |
| topic | perceived financial threat life satisfaction social support well-being |
| url | http://www.cieo.pt/journal/J_1_2020/article2.pdf |
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