Investigation of the Mediating Role of Physical Health in the Effect of Financial Well-Being on Employee and Shopping Well-Being in Inflation Environment
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https://doi.org/10.5281/zenodo.8255967Keywords:
Financial well-being, employee well-being, physical health, shopping well-beingAbstract
Inflationary market conditions due to global and national economic fluctuations are frequently encountered especially in developing and underdeveloped countries. The high inflation situation, which is explained by the decrease in purchasing power, emerges as one of the sources of people's dissatisfaction with their financial situation. Studies on financial well-being show that this variable can affect employees and consumers in different ways. In addition, few studies have found that financial well-being may be related to physical health. Therefore, it is proposed and tested in this research that there may be relationships between financial well-being, physical health, employee well-being and shopping well-being. However, it is seen that the organizational, health, and consumption-related effects of financial well-being in an inflationary environment do not attract enough attention in the business literature. This research, it is aimed to illuminate the possible effects of financial well-being on employee well-being and shopping well-being in an inflation environment and the mediating role of physical health in these effects. For this purpose, primary data were collected with the descriptive survey method and analyzed with the structural equation model. In the research, it was determined that financial well-being affects employee well-being and physical health positively. In addition, it has been understood that physical health plays a partial mediator role in the effect of financial well-being on employee well-being. Furthermore, it has been determined that physical health affects employee well-being and shopping well-being, but financial well-being does not affect shopping well-being. Finally, the research findings were discussed within the scope of the research, and suggestions were developed for researchers and managers.
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