The Bigger the Better? Business Size and Small-Business Owners’ Subjective Well-Being
| Autor: | Filip Fors Connolly, Ingemar Johansson Sevä, Tommy Gärling |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
Time pressure
Mediation (statistics) Social Psychology Financial satisfaction Structural equation modeling 0502 economics and business Self-employment Sociologi (exklusive socialt arbete socialpsykologi och socialantropologi) 050207 economics Subjective well-being Psykologi (exklusive tillämpad psykologi) business.industry 05 social sciences Sociology (excluding Social Work Social Psychology and Social Anthropology) Life satisfaction Business size Small business Emotional well-being Psychology (excluding Applied Psychology) Socialpsykologi Emotional wellbeing Negative relationship Psychology business Social psychology 050203 business & management Social Sciences (miscellaneous) |
| Zdroj: | Journal of Happiness Studies. 22:1071-1088 |
| ISSN: | 1573-7780 1389-4978 |
| DOI: | 10.1007/s10902-020-00264-2 |
| Popis: | Business growth is often portrayed as an important outcome for small-business owners. Few empirical studies have however examined whether there is a positive relationship between business size and different dimensions of small-business owners’ subjective well-being. In a large cross-sectional sample (n = 1089) of small-business owners from Sweden, we investigate the relationship between business size and the two main components of subjective well-being, life satisfaction and emotional well-being. By means of structural equation modelling, we determine the importance of business size for subjective well-being by focusing on potential advantages (financial satisfaction) and disadvantages (time pressure) related to business size. The results show that there is no overall relationship between business size and life satisfaction, but a weak negative relationship between business size and emotional well-being. However, in a subsequent mediation analyses we find that these findings largely can be explained by the fact that financial satisfaction and time pressure relate to subjective well-being in opposite directions and thus cancel each other out. The results of the mediation analysis also reveal differences across the two components of subjective well-being. We here find that financial satisfaction is more important for small-business owners’ life satisfaction while time pressure is more important for their emotional well-being. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full text from SpringerLink