Global financial crisis and perceptions of job insecurity: The China case

Voon, Jan P.; C., Yiu

doi:10.1016/j.socec.2014.09.002

Cited by 6 publications

(7 citation statements)

References 32 publications

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“…Such an idea is in line with other studies that showed that job insecurity increases in countries facing an economic crisis, but decreases in countries enjoying prosperity (Lübke and Erlinghagen, 2014). Moreover, it was found that perceived job insecurity is significantly correlated with the 2008 Global Financial Crisis (Voon and Ma, 2014). The internal stability of a workplace should be taken into account too.…”

Section: Rationale and Hypothesesmentioning

confidence: 99%

The effects of changes in job insecurity on daily consumption and major life decisions

Lozza

Castiglioni

Bonanomi

2017

Economic and Industrial Democracy

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Traditionally, research on job insecurity (JI) has focused on organizational consequences and employees’ psychophysical well-being. However, some recent studies explored potential extraorganizational outcomes of JI in relation to consumption and major life decisions. The present study, drawing on Conservation of Resource Theory, overcomes the limits of previous works by examining the effects of changes in JI through a simulation experiment design. Using a sequence of two different scenarios, 377 participants were asked to evaluate their JI and their inclination towards daily consumption and some major life decisions. Findings confirm that changes in JI affect such extraorganizational outcomes. It is also suggested that an improvement in job security leads to an increase in both consumption and major life decisions, which – in absolute values – is higher compared to the decrease that follows a reduction of job security.

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Section: Rationale and Hypothesesmentioning

confidence: 99%

The effects of changes in job insecurity on daily consumption and major life decisions

Lozza

Castiglioni

Bonanomi

2017

Economic and Industrial Democracy

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“…However, in a different study, it was found that men have a higher level of job insecurity perception than women (Kinnunen et al, 1999). In another study, it was found that the perception of job insecurity of single people may be higher than the married people who both spouses work (Voon & Ma, 2014). According to the ANOVA test results, it was determined that there was a significant difference (p = 0.01) between the age groups in terms of CJ size, and according to the Tukey test results, this difference was between the 36 and over age groups and the 26-30 age groups.…”

Section: Hotel Employees Also Have Low Participation In the Dimension...mentioning

confidence: 92%

“…Job insecurity is defined as subjective thought that prevents the continuity of the current job and develops due to the individual's perception of uncertainty, resulting from any legal or illegal organizational changes or economic setbacks (Pelenk & Acaray, 2019;Cheung et al, 2018). Briefly, job insecurity, which describes as the anxiety of losing the job (Kinnunen et al, 1999), fear of being unemployed (Akgunduz & Eryilmaz, 2018) concern about the future job situation (Darvishmotevali & Ali, 2020;Voon & Ma, 2014;Chalim, 2018;Lee et al, 2018;Cheng & Chan, 2008), creates job anxiety about the future (Blomqvist et al, 2020). The perception of job insecurity also has personal, organizational, social, and economic effects (Voon & Ma, 2014).…”

Section: Introductionmentioning

confidence: 99%

“…Briefly, job insecurity, which describes as the anxiety of losing the job (Kinnunen et al, 1999), fear of being unemployed (Akgunduz & Eryilmaz, 2018) concern about the future job situation (Darvishmotevali & Ali, 2020;Voon & Ma, 2014;Chalim, 2018;Lee et al, 2018;Cheng & Chan, 2008), creates job anxiety about the future (Blomqvist et al, 2020). The perception of job insecurity also has personal, organizational, social, and economic effects (Voon & Ma, 2014). In this context, job insecurity is considered as an important employment problem (Lee et al, 2018).…”

Section: Introductionmentioning

confidence: 99%

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Pesquisa Empírica sobre a Determinação de Ansiedade Futura e de Licenças de Emprego dos Trabalhadores em Hotel Devido à Covid-19

Sarıışık¹,

Çulha²,

Özbay³

et al. 2022

Rosa dos Ventos

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The main purpose of this research is to determine the relationship between Covid-19 pandemic and hotel employees' leave/continuing of employment to work and their employment concerns. A questionnaire form from different scales was designed and data was collected from 633 fivestar hotel employees between December 2020 and March 2021. According to the results, hotel employees have future anxiety with Covid-19, but their intention to leave work is low. Particularly, the dimensions such as hopelessness and fatalism were found to have a significant relationship with the anxiety and the intention to leave work, while a high correlation was found between the dimension of continuing the profession and the dimensions of individual and general measures.

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“…8, No. 7;2016 job insecurity and pay cuts in China (Voon & Ma, 2014). The GFC hit various sectors of China including energy, exports and overall GDP.…”

Section: China and India During The Last Two Decadesmentioning

confidence: 99%

Do External and Internal Crises Affect Foreign Portfolio Inflows? The Case of China and India

Ahmad¹,

Draz²,

Yang³

2016

IJEF

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This study examines the relationship between external and internal crisis (EIC) and Foreign Portfolio Investment (FPI) net inflows in China and India. We have applied Binary Choice Model taking the EIC as a dummy variable. GDP growth is an independent variable in our model that indicates the combined performance of economic sectors. The results suggest that EIC exert a significant impact on the FPI net inflows, but the nature of internal issues is different for both countries. We find a little association between GDP growth and net FPI inflows.

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Global financial crisis and perceptions of job insecurity: The China case

Cited by 6 publications

References 32 publications

The effects of changes in job insecurity on daily consumption and major life decisions

The effects of changes in job insecurity on daily consumption and major life decisions

Pesquisa Empírica sobre a Determinação de Ansiedade Futura e de Licenças de Emprego dos Trabalhadores em Hotel Devido à Covid-19

Do External and Internal Crises Affect Foreign Portfolio Inflows? The Case of China and India

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