COVID-19 and Mental Health Concerns Among Business Owners: a Cross-Sectional Study from India

Lathabhavan, Remya

doi:10.1007/s11469-022-00824-y

Cited by 8 publications

(10 citation statements)

References 45 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…From the perspective of the criticality, the long-term impact of the COVID-19 pandemic will remain unknown in the future ( Korsgaard et al, 2020 ), bringing uncertainty to entrepreneurs and threatening the realization of their goals and long-term development, further increasing their anxiety. Similar to the existing findings that “the COVID-19 pandemic have a negative impact on the entrepreneurs’ psychology of SMEs” (Lathabhavan, 2022a ; Sornsenee et al, 2022 ). This article finds that the COVID-19 pandemic causes EA of EF s. However, the existing research puts high premium on entrepreneurs to explore the COVID-19 pandemic’s negative impact, but ignores the events’ attributes, that is, from the intrinsic characteristics of the event to explore the COVID-19 pandemic’s impact on entrepreneurs’ psychological mechanism.…”

Section: Discussionsupporting

confidence: 86%

“…First, this paper explores the impact of the COVID-19 pandemic event’s strength on entrepreneurial anxiety. Similar to the existing findings that “the COVID-19 pandemic has a negative impact on the entrepreneurs’ psychology of SMEs” ( Sornsenee et al, 2022 ; Lathabhavan, 2022a ). This paper finds that the COVID-19 pandemic causes EA of EF s. However, the existing research puts high premium on entrepreneurs to explore the COVID-19 pandemic’s negative impact, but ignores the events’ attributes.…”

Section: Discussionsupporting

confidence: 85%

“…According to the existing literature, some studies have probed into the relationship between the COVID-19 pandemic and entrepreneurial psychology ( Backman et al, 2021 ; Mustafa et al, 2021 ; Torres et al, 2021 ; Chhatwani et al, 2022 ; Sornsenee et al, 2022 ). For instance, a survey of 816 SMEs’ entrepreneurs by Lathabhavan (2022a) finds that economic difficulties and financial threats caused by the pandemic are main causes of anxiety, pressure and depression among entrepreneurs. Xu et al (2021) take small and micro entrepreneurs as research objects, discovering that economic pressure, uncertainty, operation-related pressure and social pressure are main sources of pressure.…”

Section: Introductionmentioning

confidence: 99%

“…First, from the perspective of research object, the researches regarding the impact of the COVID-19 pandemic on entrepreneurs’ psychology focus more on SMEs ( Chhatwani et al, 2022 ; Sornsenee et al, 2022 ; Lathabhavan, 2022a ), and less on entrepreneurs of EFs . Moreover, EFs play a crucial role in job creation, radical innovation, and long-term growth ( OECD, 2020 ), yet since at a fragile stage in their life cycle, they may be more vulnerable to the COVID-19 pandemic ( Benedetti-Fasil et al, 2022 ), and its founders are more likely to experience psychological problems.…”

Section: Introductionmentioning

confidence: 99%

“…First and foremost, it is different from the researches based on the conservation of resource theory ( Torres et al, 2021 ; Xu and Jia, 2022 ; Lathabhavan, 2022a ), stressor-detachment model ( Backman et al, 2021 ), stress event theory and job demand-resource model ( Torres et al, 2021 ), to explore the impact of COVID-19 pandemic on entrepreneurial psychology. In this paper, the cognitive appraisal theory and the event system theory are introduced into the existing research, and the COVID-19 pandemic is measured from three dimensions including novelty, disruption and criticality.…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

How does COVID-19 pandemic affect entrepreneur anxiety? The role of threat perception and performance pressure

Hong-chuan²,

Liu³

et al. 2022

Front. Psychol.

View full text Add to dashboard Cite

The entrepreneurial firms may be more vulnerable to the COVID-19 pandemic, and the entrepreneurs of entrepreneurial firms are also threatened by the revenues decline and business failure, which vehemently affect their well-being. The mental health of the entrepreneur decides whether the entrepreneurial firms can make the right decision, which is related to the healthy development of the entrepreneurial firms. Based on the event system theory and the cognitive appraisal theory, this paper aims to explore the effect of COVID-19 pandemic on the entrepreneur anxiety, and the threat perception and performance pressure are introduced to investigate the mediating mechanism and boundary of this effect. Using the simple random sampling to obtain questionnaire survey data, 168 entrepreneurs of entrepreneurial firms have participated in the empirical study, and the research results are as follows. First, the COVID-19 pandemic significantly positively affects entrepreneur anxiety. Second, the entrepreneur threat perception plays a mediating role between the COVID-19 pandemic and the entrepreneur anxiety, which means the COVID-19 pandemic can enhance the external threat perception of entrepreneurs, and then affect the entrepreneur anxiety. Third, the positive effect of the COVID-19 pandemic on the entrepreneur anxiety is strengthened by the entrepreneur performance pressure, while the positive effect of entrepreneur threat perception on entrepreneur anxiety is weakened by the entrepreneur performance pressure. The above findings are helpful to explore the mechanism of the COVID-19 pandemic and other critical crisis events on entrepreneurs’ mental health from the new perspective of cognitive appraisal theory and event system theory, filling the research gaps between the COVID-19 pandemic and entrepreneur anxiety. Besides, this study broadens the applied range of the cognitive appraisal theory and the event system theory in the fields of crisis situations and entrepreneur research, and enriches the research outputs. Furthermore, this study will help provide a new theoretical analysis insight for the related research on how the COVID-19 pandemic affects entrepreneurs’ psychology, and further deepen researchers to understand the mechanism of entrepreneur anxiety under the COVID-19 pandemic, providing theoretical inspirations for reducing entrepreneur anxiety. What’s more, this study finds that individual pressure can affect their cognitive appraisal, which means that future research should take the pressure influential mechanism into consideration in the process of exploring “external stimulus--cognitive appraisal--emotional response,” further expanding the theoretical model of cognitive appraisal proposed from the perspective of pressure.

show abstract

Section: Discussionsupporting

confidence: 86%

Section: Discussionsupporting

confidence: 85%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

How does COVID-19 pandemic affect entrepreneur anxiety? The role of threat perception and performance pressure

Hong-chuan²,

Liu³

et al. 2022

Front. Psychol.

View full text Add to dashboard Cite

show abstract

A comparative study of governmental financial support and resilience of self-employed people in Sweden and Canada during the COVID-19 pandemic

Hansson,

MacEachen,

Landstad

et al. 2023

International Journal of Circumpolar Health

View full text Add to dashboard Cite

Globally, self-employed people were among the hardest hit by the repercussions of the COVID-19 pandemic and faced hardships such as financial decline, restrictions, and business closures. A plethora of financial support measures were rolled out worldwide to support them, but there is a lack of research looking at the effect of the policy measures on self-employed people. To understand how different governmental financial support measures enhanced the resilience of the self-employed and improved their ability to manage the pandemic, we conducted a mixed-method study using policy analysis and semi-structured interviews. The documents described policies addressing governmental financial support in Sweden and Canada during the pandemic, and the interviews were conducted with Swedish and Canadian self-employed people to explore how they experienced the support measures in relation to their resilience. The key results were that self-employed people in both countries who were unable to telework were less resilient during the pandemic due to financial problems, restrictions, and lockdowns. The interviews revealed that many self-employed people in hard-hit industries were dissatisfied with the support measures and found them to be unfairly distributed. In addition, the self-employed people experiencing difficulties running their businesses reported reduced well-being, negatively affecting their business survival.

show abstract

Mental Health Trends in India from 2020 to 2022: Association with Financial Stress, Food Insecurity, and COVID-19-related Illness Concerns

Yang,

Sun,

Zimmermann

et al. 2024

Preprint

View full text Add to dashboard Cite

This study examines the impact of pandemic-related worries on mental health in the Indian general adult population from 2020 to 2022. Using data from the Global COVID-19 Trends and Impact Survey (N = 2,576,174 respondents aged >= 18 years in India; an average weekly sample size of around 25,000), it explores the associations between worry variables (namely financial stress, food insecurity, and COVID-19-related health worries) and self-reported symptoms of depression and nervousness. The statistical analysis was conducted using complete cases only (N = 747,996). Our analysis used survey-weighted models, focusing on the three pandemic-related worries as the exposures, while also adjusting for various other covariates, including demographics and calendar time. The study finds significant associations between these worries and mental health outcomes, with financial stress being the most significant factor affecting both depression (adjusted odds ratio: 2.36, 95% confidence interval: [2.27, 2.46]) and nervousness (adjusted odds ratio: 1.91, 95% confidence interval: [1.81, 2.01]) during the first phase of the study period (June 27, 2020, to May 19, 2021). The fully adjusted models also identify additional factors related to mental health, including age, gender, residential status, geographical region, occupation, and education. Moreover, the research highlights that males and urban residents had higher odds ratios for self-reported mental health problems regarding the worry variables than females and rural residents, respectively. Furthermore, the study reveals a rise in the prevalence of self-reported depression and nervousness and their association with COVID-19-related health worries during the lethal second wave of the pandemic in May 2021 compared to the onset of the pandemic. This study shows that social media platforms like Facebook can deploy surveys to a large number of participants globally and can be useful tools in capturing mental health trends and uncovering associations during a public health crisis.

show abstract

COVID-19 and Mental Health Concerns Among Business Owners: a Cross-Sectional Study from India

Cited by 8 publications

References 45 publications

How does COVID-19 pandemic affect entrepreneur anxiety? The role of threat perception and performance pressure

How does COVID-19 pandemic affect entrepreneur anxiety? The role of threat perception and performance pressure

A comparative study of governmental financial support and resilience of self-employed people in Sweden and Canada during the COVID-19 pandemic

Mental Health Trends in India from 2020 to 2022: Association with Financial Stress, Food Insecurity, and COVID-19-related Illness Concerns

Contact Info

Product

Resources

About