Financial Stress and Buffer Effects of Trust in Policies in Business Life During the COVID-19 Pandemic

Günay, Hamdi Furkan

doi:10.17153/oguiibf.891247

Cited by 3 publications

(2 citation statements)

References 52 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Socioeconomic conditions during the pandemic and the job insecurity associated with its aftermath led individuals to experience financial stress (Choi, Heo, Cho & Lee, 2020; Holmes et al, 2020; Shanahan et al, 2020). Likewise, Günay (2021) examined the determinants of financial stress experienced at work during the Covid-19 pandemic in Turkey and the role of trust in policies to combat the pandemic in reducing financial stress, and found that job insecurity and income had an impact on financial stress. A research conducted by NEFE (2020) found that people experienced financial stress due to job insecurity, difficulty in debt repayment/settlement, income fluctuations, etc.…”

Section: Discussionmentioning

confidence: 99%

Financial Stress, Family, Marital, and Life Satisfaction of Turkish Families During Covid-19: What Did We Learn?

Aktaş

Çiçek

2023

Journal of Family Issues

View full text Add to dashboard Cite

It is well known that the Covid-19 that hit the world caused a global economic crisis. This present study aimed at examining the economic impact of this crisis with respect to families with both quantitative and qualitative approaches. In this study, we intended to demonstrate how families (n=247) met their basic needs, how they coped with financial stress, how financial stress relates to family characteristics and how it affects marital, family, and life satisfaction. The impact of family characteristics on financial stress was examined through regression analysis. The impact of financial stress on marital, family, and life satisfaction was determined through content analysis. The results of the regression analysis showed that the influence of education, debt, minimum wage employment, and fear of being laid off on financial stress was significant. The qualitative results show that individuals' marital, family and life satisfaction were negatively affected due to the financial stress they experienced during the Covid-19.

show abstract

Section: Discussionmentioning

confidence: 99%

Financial Stress, Family, Marital, and Life Satisfaction of Turkish Families During Covid-19: What Did We Learn?

Aktaş

Çiçek

2023

Journal of Family Issues

View full text Add to dashboard Cite

show abstract

“…This triggers financial difficulties or distress if you have a very high debt to asset ratio. Based on the study [9,32,33] state that debt to assets has a positive result on the occurrence of financial distress.…”

Section: Debt To Asset Ratiomentioning

confidence: 99%

The Effect of Financial Ratios and Good Corporate Governance on Financial Distress: Independent Commissioners as a Moderating Variable

Permatasari,

Nurcahyono,

Bilqis

et al. 2023

Advances in Economics, Business and Management Research

View full text Add to dashboard Cite

The business world has increasingly fast and competitive business development to compete with each other to maintain or increase the industry's value. One of the challenges for every industry in competing is always to have ideas that innovate and keep up with the times so that the industry can compete in the sales market to attract consumers. In addition, the industry must also be the capability of expanding its business by having good corporate management in running the business. However, if the sector has lousy control, it will result from the industry's finances. The result that the sector will receive is experiencing financial difficulties or financial distress. The aim to be achieved from the results of this study is to determine the financial ratios and good corporate governance (audit committee) affect financial distress with the Independent commissioner as a moderating variable. This study uses a quantitative method with a sample of the mining industry in 2018-2021. The analysis used is descriptive statistical analysis and multiple regression analysis. From the results of the tests that have been carried out, it can be concluded that return on assets negatively affects financial distress. Return on equity ratio, current ratio, debt to equity ratio, and audit committee have no results on financial. Net profit margin has a positive effect on financial distress. Debt to asset ratio has no impact on finances. The independent commissioner cannot moderate by weakening the correlation between the net profit margin and financial distress. While the independent commissioner is the capability of moderating by weakening the correlation between the audit committee's and financial distress.

show abstract

Budget participation, information asymmetry, and job insecurity as a predictor of budgetary slack

Tyas

Nurkholis

Mardiati

2022

IJRBS

View full text Add to dashboard Cite

Budgetary slack occurs because of the potential difference with the revenue budget target. the difference in potential revenue with the revenue budget target indicates the occurrence of individual behavior lowering the income target to facilitate the achievement of the government budget. The purpose of this study is to empirically prove the effect of budget participation, information asymmetry, and job insecurity that trigger budgetary slack. The population of this research is officials of the Indonesian: Regional Working Unit in the province of East Java, Indonesia. The sampling technique used is proportional sampling, the research respondents were 84 people. The results show that budget participation, information asymmetry, and job insecurity have a positive effect on budgetary slack. The high budget participation of public sector employees can trigger budgetary slack. Information asymmetry motivates budget implementers to take action to reduce revenue targets and increase government spending. High job insecurity in the work environment creates pressure on employees so that budgetary slack is created.

show abstract

Financial Stress and Buffer Effects of Trust in Policies in Business Life During the COVID-19 Pandemic

Cited by 3 publications

References 52 publications

Financial Stress, Family, Marital, and Life Satisfaction of Turkish Families During Covid-19: What Did We Learn?

Financial Stress, Family, Marital, and Life Satisfaction of Turkish Families During Covid-19: What Did We Learn?

The Effect of Financial Ratios and Good Corporate Governance on Financial Distress: Independent Commissioners as a Moderating Variable

Budget participation, information asymmetry, and job insecurity as a predictor of budgetary slack

Contact Info

Product

Resources

About