Central European Business Review 2019, 8(3):54-68 | DOI: 10.18267/j.cebr.215
Exploring Impact of Coping Approaches on Intrinsic Perceived Overall Wellness: A Study of Executives and Senior Managers in Czech Republic
- 1 University of Economics in Prague, Faculty of Business Administration, jaroslav.petru@vse.cz
- 2 University of Economics in Prague, Faculty of Business Administration, eva.jarosova2@vse.cz
The characteristics of the workplace environment have a significant impact on executive well-being and organisations benefit when executives cope effectively with the stressors in their work and private life. Many aspects of coping with stress have been studied, but few studies have focused on the coping resources of executives and senior managers. This study focused on the relationship between coping resources and level of well-being as a factor of stress mitigation among a target middle-aged group of Czech executives and senior leaders. Using data collected from 100 executives and senior managers in Prague, Czech Republic, multiple regression analysis was used to examine the variables related to executive coping resources and their combined effects on executive well-being. The analysis revealed that executives who made use of a mix of coping resources showed better well-being. Furthermore, cognitive, emotional, spiritual/philosophical, and physical coping resources were shown to be positively related to total well-being. However, social coping resources showed no direct association with executive well-being. The findings suggest that executives can benefit from a much more extensive combination of coping resources than initially expected to provide better life satisfaction, and that overall physical and mental health is a mitigating factor against stress and burnout.
Keywords: coping and stress, coping resources, wellbeing, executives
JEL classification: I12, I31, I38, M12
Received: March 5, 2019; Revised: June 15, 2019; Accepted: June 30, 2019; Prepublished online: June 30, 2019; Published: October 1, 2019 Show citation
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