Hameed, Zahid, Garavan, Thomas, Naeem, Rana Muhammad, Burhan, Muhammad ORCID: https://orcid.org/0000-0002-5279-6739 and Arain, Ghulam Ali (2021) Financial strain and subjective well-being of unemployed individuals during COVID-19: The role of bo. In: Academy of Management Annual Meeting Proceedings 2021.

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Abstract

The sudden outbreak of COVID-19 has engendered unprecedent challenges and disruptions in nearly every field across the globe. The destabilized economic conditions have resulted in large-scale downsizing and layoffs, particularly in the hospitality and tourism sector which is the focus of the study. This scenario has prompted financial strain and reduced subjective well-being among those individuals who were laid off. Using the conservation of resources (COR) theory, we investigated the impact of financial strain on the subjective well-being of the laid off employees (N=284) in the hospitality and tourism sector through the mediating mechanism of negative affectivity. We also investigated the extent to which this mediated relationship is moderated by the individuals’ core-self evaluations. The results provided support for the hypothesized relationships in the study. We discuss the theoretical and practical implications of our research.

Item Type:	Conference or Workshop Item (Paper)
Status:	Published
DOI:	doi10.5465/ambpp.2021.14906abstract
Subjects:	B Philosophy. Psychology. Religion > BF Psychology H Social Sciences > H Social Sciences (General)
School/Department:	York Business School
URI:	https://ray.yorksj.ac.uk/id/eprint/11988

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