Financial stress and quit intention: the mediating role of entrepreneurs’ affective commitment: the mediating role of entrepreneurs’ affective commitment
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| Titel: | Financial stress and quit intention: the mediating role of entrepreneurs’ affective commitment: the mediating role of entrepreneurs’ affective commitment |
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| Autoren: | Anne-Kathrin Kleine, Antje Schmitt, Barbara M. Wisse |
| Quelle: | International Entrepreneurship and Management Journal. 20:1487-1510 |
| Verlagsinformationen: | Springer Science and Business Media LLC, 2024. |
| Publikationsjahr: | 2024 |
| Schlagwörter: | 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 |
| Beschreibung: | 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. |
| Publikationsart: | Article |
| Sprache: | English |
| ISSN: | 1555-1938 1554-7191 |
| DOI: | 10.1007/s11365-024-00972-8 |
| Zugangs-URL: | 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 |
| Dokumentencode: | edsair.doi.dedup.....e5141a02ec6c0e09b19fb6663c493f45 |
| Datenbank: | OpenAIRE |
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Nájsť tento článok vo Web of Science | Abstract: | 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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| ISSN: | 15551938 15547191 |
| DOI: | 10.1007/s11365-024-00972-8 |