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Financial stress and quit intention: the mediating role of entrepreneurs’ affective commitment: the mediating role of entrepreneurs’ affective commitment

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Název: Financial stress and quit intention: the mediating role of entrepreneurs’ affective commitment: the mediating role of entrepreneurs’ affective commitment
Autoři: Anne-Kathrin Kleine, Antje Schmitt, Barbara M. Wisse
Zdroj: International Entrepreneurship and Management Journal. 20:1487-1510
Informace o vydavateli: Springer Science and Business Media LLC, 2024.
Rok vydání: 2024
Témata: Job commitment, Challenge-hindrance stressor, Quit intention, 9. Industry and infrastructure, ddc:650, 8. Economic growth, Entrepreneurship, 1. No poverty, Financial stress, 3. Good health
Popis: One primary reason why entrepreneurs abandon their entrepreneurial goals is due to pressing financial difficulties. In one experimental and two field studies, we investigated the relationship between entrepreneurs’ financial stress and their intention to quit their businesses. In line with the challenge–hindrance stressor (CHS) framework, all three studies showed a positive link between financial stress and quit intention, both concurrently and over time. Furthermore, drawing on self-determination theory (SDT), we found support for affective commitment (but not continuance commitment) to the entrepreneurial endeavors as a mediator of the relationship. The findings provide novel insights into financial stress as a relevant entrepreneurial hindrance stressor and the role of the emotional bond formed (and dissolved) between entrepreneurs and their jobs as the mediating mechanism. Practical suggestions include considering the affective commitment levels of entrepreneurs to enhance consultancy and decision-making in entrepreneurship.
Druh dokumentu: Article
Jazyk: English
ISSN: 1555-1938
1554-7191
DOI: 10.1007/s11365-024-00972-8
Přístupová URL adresa: https://hdl.handle.net/11370/37413256-3ff1-4f75-a408-4ed970cc08ec
https://doi.org/10.1007/s11365-024-00972-8
https://research.rug.nl/en/publications/37413256-3ff1-4f75-a408-4ed970cc08ec
https://hdl.handle.net/10419/315625
Rights: CC BY
Přístupové číslo: edsair.doi.dedup.....e5141a02ec6c0e09b19fb6663c493f45
Databáze: OpenAIRE
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  Data: Financial stress and quit intention: the mediating role of entrepreneurs’ affective commitment: the mediating role of entrepreneurs’ affective commitment
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  Data: <searchLink fieldCode="AR" term="%22Anne-Kathrin+Kleine%22">Anne-Kathrin Kleine</searchLink><br /><searchLink fieldCode="AR" term="%22Antje+Schmitt%22">Antje Schmitt</searchLink><br /><searchLink fieldCode="AR" term="%22Barbara+M%2E+Wisse%22">Barbara M. Wisse</searchLink>
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  Data: <i>International Entrepreneurship and Management Journal</i>. 20:1487-1510
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  Data: Springer Science and Business Media LLC, 2024.
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  Data: <searchLink fieldCode="DE" term="%22Job+commitment%22">Job commitment</searchLink><br /><searchLink fieldCode="DE" term="%22Challenge-hindrance+stressor%22">Challenge-hindrance stressor</searchLink><br /><searchLink fieldCode="DE" term="%22Quit+intention%22">Quit intention</searchLink><br /><searchLink fieldCode="DE" term="%229%2E+Industry+and+infrastructure%22">9. Industry and infrastructure</searchLink><br /><searchLink fieldCode="DE" term="%22ddc%3A650%22">ddc:650</searchLink><br /><searchLink fieldCode="DE" term="%228%2E+Economic+growth%22">8. Economic growth</searchLink><br /><searchLink fieldCode="DE" term="%22Entrepreneurship%22">Entrepreneurship</searchLink><br /><searchLink fieldCode="DE" term="%221%2E+No+poverty%22">1. No poverty</searchLink><br /><searchLink fieldCode="DE" term="%22Financial+stress%22">Financial stress</searchLink><br /><searchLink fieldCode="DE" term="%223%2E+Good+health%22">3. Good health</searchLink>
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  Data: One primary reason why entrepreneurs abandon their entrepreneurial goals is due to pressing financial difficulties. In one experimental and two field studies, we investigated the relationship between entrepreneurs’ financial stress and their intention to quit their businesses. In line with the challenge–hindrance stressor (CHS) framework, all three studies showed a positive link between financial stress and quit intention, both concurrently and over time. Furthermore, drawing on self-determination theory (SDT), we found support for affective commitment (but not continuance commitment) to the entrepreneurial endeavors as a mediator of the relationship. The findings provide novel insights into financial stress as a relevant entrepreneurial hindrance stressor and the role of the emotional bond formed (and dissolved) between entrepreneurs and their jobs as the mediating mechanism. Practical suggestions include considering the affective commitment levels of entrepreneurs to enhance consultancy and decision-making in entrepreneurship.
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      – SubjectFull: Job commitment
        Type: general
      – SubjectFull: Challenge-hindrance stressor
        Type: general
      – SubjectFull: Quit intention
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      – SubjectFull: Financial stress
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