Adjustment to Retirement of Horse Racing Jockeys. By Daniel Lynch. Student Number:

Similar documents
FUNDING STARTUP ENTERPRISES: PROBLEMS FACED AND SOLUTIONS

Measuring Agricultural Market Risk GARCH estimation vs. Conditional Extreme Value Theory

TITLE PAGE THE FINANCIAL SYSTEM AND ECONOMIC GROWTH IN NIGERIA ANAGBOGU, FLORENCE GINIKA. PG/M.Sc./09/53684

University of Macau. Faculty of Social Sciences and Humanities. Department of Government and Public. Administration

DETERMINANTS OF COMMERCIAL BANKS CREDIT TO THE PRIVATE SECTOR IN UGANDA ( )

UNIVERSITY OF MACAU FACULTY OF SOCIAL SCIENCES AND HUMANITIES DEPARTMENT OF ECONOMICS. Allocative and Dynamic Efficiency of China s Investment:

Voluntary disclosure of greenhouse gas emissions, corporate governance and earnings management: Australian evidence

IMPROVING DISTRIBUTION RELIABILITY THROUGH ELECTRICITY TARIFF AND THEIR FINANCIAL IMPLICATIONS

Voluntary Disclosure of Intangibles by Capital-Raising Companies in Australia

Reforming Not-for-Profit Organisations in Australia: A Work in Progress.

FIRM VALUE AND THE TAX BENEFITS OF DEBT: A STUDY ON PUBLIC LISTED COMPANY IN MALAYSIA IZAM SYAHARADZI BIN AHMAD SOFIAN

UNIVERSITY OF MORATUWA EVALUATION OF ADVANCE PAYMENT SYSTEMS

Voluntary Phased Retirement Plan for Full-Time Faculty

HIGHER EARNIGS OF THE FINANCIAL INTERMEDIARIES & THEIR IMPACT OF SRI LANKAN GDP

University of Wollongong. Research Online

Repeated Dividend Increases: A Collection of Four Essays

INTRODUCTION. ASSAf report (2010): In 2007 SA produced 1274 PhD graduates or 26 per million of population

BINUS INTERNATIONAL BINUS UNIVERSITY Accounting Major Sarjana Ekonomi Thesis Semester Even year 2009/2010

An empirical analysis of financially distressed Australian companies: the application of survival analysis

Initial Notice Form COBRA Notice Upon Enrollment in a Group Health Plan

SALT LAKE COMMUNITY COLLEGE EARLY RETIREMENT/PHASED RETIREMENT AGREEMENT APPLICATION

Local futures traders and behavioural biases: evidence from Australia

Firms' Voluntary Disclosure Strategies: The Presentation and Disclosure of Derivative Financial Instruments

STOCHASTIC DIFFERENTIAL EQUATION APPROACH FOR DAILY GOLD PRICES IN SRI LANKA

Internship Proposal Submission Form Master of Science Degree in Applied Marine and Watershed Science

EFFECTIVENESS OF CONTRACTOR'S ALL RISK (CAR) INSURANCE POLICIES IN ROAD CONSTRUCTION PROJECTS. Kavitha Ganeshamani. Degree of Master of Science

STUDENT INSTRUCTIONS FOR PURSUING A MENTAL HEALTH WITHDRAWAL

DAVITA HEALTHCARE PARTNERS INC. EDUCATIONAL BENEFITS PLAN

Quasi-Monte Carlo Methods and Their Applications in High Dimensional Option Pricing. Man-Yun Ng

Partial privatization and its effect on structure, conduct, performance in the Indonesian commercial banking market

RETIREMENT DECISIONS OF PEOPLE WITH DISABILITIES: VOLUNTARY OR INVOLUNTARY

Waiver of Liability, Assumption of Risk, and Indemnity Agreement

BLS Contract Collection. Title: Buffalo City School District and Buffalo Teachers Federation (BTF), National Education Association (NEA), (1999)

DETERMINANTS OF BANK PROFITS AND NET INTEREST MARGINS EAST ASIA AND LATIN AMERICA

PLUMMER-WORLEY SCHOOL JOINT DISTRICT NO. 44 NEGOTIATED AGREEMENT

AN EXPLORATORY STUDY ON THE PERCEPTIONS OF TAX FAIRNESS AMONG MALAYSIAN INDIVIDUAL TAXPAYERS AND TAX COMPLIANCE BEHAVIOUR KAMALA ARJUNA PERUMAL

INSTITUTIONAL REVIEW BOARD FOR PROTECTION OF HUMAN SUBJECTS INFORMATION AND GUIDELINES FOR PROPOSAL APPROVAL OR EXEMPTION

Ordinances and Regulations for the Diploma Courses in Law under the Faculty of Law

THE INTENSITY DIFFERENCES OF EMERGING CAPITAL MARKET INDEX AND DEVELOPED CAPITAL MARKET INDEX BEFORE AND AFTER US SUB-PRIME CRISIS

Graduate Survey Master's Degree Respondents Orlando Campus

Modelling optimal decisions for financial planning in retirement using stochastic control theory

NATIONAL UNIVERSITY OF SINGAPORE FACULTY OF ARTS AND SOCIAL SCIENCES DEPARTMENT OF SOCIAL WORK

MOHAMED SHIKH ABUBAKER ALBAITY

FINANCIAL DISCLOSURE AND SPECULATIVE BUBBLES: AN INTERNATIONAL COMPARISON. Benjamas Jirasakuldech, Ph.D. University of Nebraska, 2002

Price discovery in US and Australian stock and options markets

Graduating Student Survey Class of 2018

FOREIGN DIRECT INVESTMENT IN INDIA: TRENDS, IMPACT, DETERMINANTS AND INVESTORS EXPERIENCES

ROYAL HOLLOWAY UNIVERSITY OF LONDON

Risk Management in the Australian Stockmarket using Artificial Neural Networks

THE IMPACT OF FREE CASH FLOW AND LIFE CYCLE THEORY TO DIVIDEND POLICY. Exchange Period )

ECONOMETRIC ANALYSIS OF VALUE ADDED TAX WITH COLOMBO CONSUMER PRICE INDEX IN SRI LANKA. ^UVERSITY OF MORATUWA. SRI IAAIK CflQRATUWA. P.T.

An analysis of the determinants of investment in developing countries a case study of Iran ( )

THE IMPACT OF MACROECONOMIC INDICATORS TO STOCK MARKET PERFORMANCE. THE CASE OF INDONESIA AND MALAYSIA STOCK MARKET THESIS

REQ: The emotional side of retirement. Dr Joanne Earl Associate Professor, Flinders University and Faculty, Portfolio Construction Forum

AGREEMENT BETWEEN PASSAIC COUNTY EDUCATIONAL SERVICES COMMISSION TEACHERS ASSOCIATION AND PASSAIC COUNTY EDUCATIONAL SERVICES COMMISSION

Identity Distress Surrounding Retirement

Commissioned by: A National Survey

Yacht & Pleasure Craft Application

UNIVERSITI TEKNOLOGI MARA

Requirements for Volunteer Club Coaches

ANALYSIS OF THE RELATIONSHIP OF STOCK MARKET WITH EXCHANGE RATE AND SPOT GOLD PRICE OF SRI LANKA

Masters of Business Administration

NAIBUKA ULUILAKEBA SAUNE SUBMITTED TO THE SCHOOL OF ACCOUNTING IN FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF

J-1 Internship Program Overview

RUNNER QUESTIONNAIRE

Frequently Asked Questions and Answers for Employees in Teamsters BU 3. Layoff Information

LEBANESE AMERICAN UNIVERSITY PERSONNEL POLICY BENEFIT SECTION

UNIVERSITY OF PENNSYLVANIA LAW SCHOOL

CLEMSON UNIVERSITY Retirement Incentive Plan Athletics October 10, 2012

PROCEDURE FOR THE USE OF CORPORATE CREDIT CARD FOR THE BENEFIT OF INSTITUTIONAL RESEARCH DEVELOPMENT

Governmental Accounting Standards Series

Legal policies affecting the initial tax consolidation decision.

Simulating Logan Repayment by the Sinking Fund Method Sinking Fund Governed by a Sequence of Interest Rates

The Importance of Health as a Predictor of Income for Later-life Widowed, Separated, and Divorced Canadian Women Living Alone

Division of Research Policy

Master Degree Exit Interview Computer Science

Purchasing and Accounting Procedures

Islamic Financing Shift from Debt to Equity An analysis of Business Framework

PART FOUR OTHER BENEFITS

FINANCE INTERNSHIP - STUDENT CHECKLIST

School of Integrative Studies George Mason University INTERNSHIP SITE APPLICATION

B-CU Graduate Exit Survey Spring Spring 2015 Report

IMPACT OF QUARTERLY FINANCIAL RESULTS ON MARKET PRICE OF SHARE: AN ANALYTICAL STUDY OF SELECTED INDIAN COMPANIES ABSTRACT

Copyright is owned by the Author of the thesis. Permission is given for a copy to be downloaded by an individual for the purpose of research and

Shawnee State University 2018 Voluntary Retirement Incentive Plan (VRIP)

Public Finance and Budgeting Professor Agustin Leon-Moreta, PhD

Age-dependent or target-driven investing?

Copyright is owned by the Author of the thesis. Permission is given for a copy to be downloaded by an individual for the purpose of research and

Foreign exchange risk management: a description and assessment of Australian Firms' practices

NORTHWEST MISSISSIPPI COMMUNITY COLLEGE Audited Financial Statements For the Year Ended June 30, 2016

EXECUTIVE MASTER OF INSURANCE MUNICH SCHOOL OF MANAGEMENT

NYS PERB Contract Collection Metadata Header

SUBJECT: EARLY RETIREMENT PROGRAM

SCHEDULE OF EMPLOYER MATCHING CONTRIBUTION RATES (REVISED 1/1/2011)

MUTUAL FUND PERFORMANCE ANALYSIS PRE AND POST FINANCIAL CRISIS OF 2008

Copyright is owned by the Author of the thesis. Permission is given for a copy to be downloaded by an individual for the purpose of research and

EVENUES/EXPENSES I/II REVENUES AND EXPENSES OF DIVISION I AND II INTERCOLLEGIATE ATHLETICS PROGRAMS FINANCIAL TRENDS AND RELATIONSHIPS-2001

PHYSICAL THERAPY WELCOME PACKET

0-3% 3-6% 6-9% 9-12% 12-15% 15-18% Turnover Rate N Mean Median SD Min Max

Public Finance and Budgeting Professor Agustin Leon-Moreta, PhD

Transcription:

of Horse Racing Jockeys By Daniel Lynch Student Number: 3058627 Submitted to satisfy the requirement for the Master of Applied Science (Sport Psychology) Department of Human Movement, Recreation and Performance Faculty of Human Development Victoria University March, 2006

ii Declaration "I, Daniel Lynch, declare that the Master by Research thesis entitled, Adjustment to Retirement of Horse Racing Jockeys, is no more than 60,000 words in length, exclusive of tables, figures, appendices, references and footnotes. This thesis contains no material that has been submitted previously, in whole or in part, for the award of any other academic degree or diploma. Except where otherwise indicated, this thesis is my own work". Signature Date

iii Abstract Retirement from sport can be a problematic and traumatic experience for athletes. Retirement from professional horse racing can be particularly distressful for jockeys. This thesis describes how former professional jockeys' adjusted to retirement. The participants in the present study were 72 retired jockeys, who had been retired between one and forty-one years. Retired jockeys were examined in relation to physical, mental, and social adjustment to retirement. Adjustment was also assessed for the different forms of retirement, namely, voluntary and involuntary retirement. Adjustment to retirement of involuntarily retired jockeys was also examined according to length of retirement, that is, less than 10 years, between 10 and 20 years, and greater than 20 years. Adjustment to retirement was measured using the Retired Jockeys Questionnaire (Speed et al., 2001). Descriptive analysis indicated that retired jockeys experienced physical health problems (e.g., back, hip, arthritis), and mental problems (e.g., forming an identity outside the racing industry, emotional distress). In addition, jockeys experienced social problems (e.g., losing contact with friends within the racing industry, maintaining a social life within the racing industry). Inferential analysis was used to identify differences between the retirement experiences of voluntarily and involuntarily retired jockeys. In ail cases, jockeys who retired involuntarily reported more health problems than jockeys who retired voluntarily. Specifically, differences between voluntary and involuntary retirees were found for arthritis, F (1,71) = -4.59, p <,001, d = 1.39, osteoporosis, F (1,71) = -3.74, p <.001, d =.82, immune system, F (1,71) = - 3.73, p <.001, d =.79, and kidney problems, F (1,71) = -3.62, p <.001, d = 0.77. Involuntary retirement was associated with a higher reported level of problems

iv universally. Differences between the voluntary and involuntary retirees were also found for mental health issues, specifically for, identity difficulties leaving the racing industry, F (1,71) = -2.99, p <.004, d = 1.22, and identity opportunities, F (1,71) = -2.31, p <,024, d = 0.94. Jockeys who retired involuntarily also experienced greater problems with social issues. There was a significant difference between voluntary and involuntary retirees for social support from friends, F (1, 71) = -1.95, p <.001, d = 0.78, social support from family, F (1,71) = -1.85, p <,001, d = 0.74, social support from other jockeys F (1,71) = -2.57, p <.001, d = 1.04, social support from the racing industry I: (1,71) = -3.68, p <.001, d= 1.50, social isolation F (1, 71) = -2.32, p <.001, d = 0.93, and social difficulties with old racing friends F (1,58) = -2.26, p <,030, d = 0.91. Differences were found between the three groups of involuntarily retired jockeys, for joint problems, F (1, 58) = 2.70, p <.08, R2 =,081, and back problems, F (1, 58) = 1.20, p =.30, R2 =,039, showing that those jockeys retired for less than 10 years and those retired more than 20 years reported more problems than those jockeys who had been retired for between 10 and 20 years. There were differences for mental health issues between the three involuntarily retired groups, particularly for those jockeys who had been retired for between 10 and 20 years, who experienced more problems with identity after leaving the racing industry, than those jockeys retired for less than 10 years or greater than 20 years. There were differences between the three retirement groups with respect to social issues, specifically family relationship difficulties, F (I, 58) = 2.90, p <.06, R2 =.089, whereby those jockeys who had been retired for less than 10 years reported experiencing more problems. The results indicate that the type of retirement experience, voluntary or involuntary and the length of involuntary retirement had an influence on the adjustment to retirement for jockeys. Implications for professional and

v applied work in the area of career termination are discussed, and suggestions are made regarding future research on career transitions from sport.

vi Acknowledgments I would like to recognise my supervisor, Professor Tony Morris, who I must extend my sincere appreciation to, for his endless academic instruction, friendship, incessant positive support and professional advice. I would also like to thank the assistance of my co-supervisor, Dr. Daryl Marchant, for his assistance and guidance throughout my university years. Special thanks to my parents, Maureen and Brendan, my aunt Bridget, my grandmother, Granny Hogan, and sister Catherine, for their commitment to my education, ongoing support and patience throughout my many years of study. They are an inspiration to my study and my life. Finally, a thank you to my close friends, you know who you are, for their contributions, unconditional faith and support of me.

vii TABLE OF CONTENTS... Abstract... 111 Acknowledgments.... TABLE OF CONTENTS... VII LIST OF TABLES... :...xi... LIST OF FIGURES... xi111 CHAPTER 1 : INTRODUCTION... 1 CHAPTER 2: LITERATURE REVIEW... 4.. Definltlons of Retirement... 4 Theories of Retirement... 7 Gerontology... 8 Disengagement Theory... 8.. Actsvrty Theory... 9.. Continusty Theory... 10 Social Breakdown Theory... 11 Thanatology... 12 Awareness Context... 12 Stages of Dying... 14 Models of Human Adaptation... 17 Research on Retirement fiom Sport... 22 General Research on Retirement from Sport... 22 Voluntary and Involuntary Retirement... 27 Physical Issues... 29 vi

... vnl Mental Issues... 32 Social Issues... 33 Duration of Retirement... 35 Jockey Specific Retirement... 39 The Present Thesis... 44 Aims... 45 General Aim... 45 Specific Aims... 45 CHAPTER 3: METHOD... 46.. Part~cipants... 46 Design... 46 Measures... 47 Background Information Questionnaire... 47 Retired Jockeys Questionnaire... 47 Procedure... 48 Analysis... 49.. CHAPTER 4: RESUL I S... 50 Overall Patterns of Retirement fkom Riding... 50 Physical Health Issues of Retired Jockeys... 51 Mental Health Issues of Retired Jockeys... 51 Social Issues of Retired Jockeys... 53 Comparison of Voluntary and Involuntary Retirement... 55 Physical Health Issues... 56 Mental Health Issues... 58

ix Social Issues... 60 Comparison of Adjustment by Duration of Retirement... 65 Physical Health Issues... 65 Mental Health Issues... 67 Social Issues... 69 CHAPTER 5: DISCUSSION... 74 Summary of Results... 75 Patterns for the Whole Sample... 75 Physical Health Issues of Retired Jockeys... 75 Mental Health Issues of Retired Jockeys... 75 Social Issues of Retired Jockeys... 76 Comparison of Voluntary and Involuntary Retirement... 77 Physical Health Issues... 77 Mental Health Issues... 78 Social Issues... 79 Comparison of Adjustment by Duration of Retirement... 81 Physical Health Issues... 81 Mental Health Issues... 81 Social Issues... 83 Relationship of this Study to Theory and Existing Research... 84..... Overall Retirement from R~dmg 84 Physical Health Issues... 84 Mental Health Issues... 85 Social Issues... 86

x Voluntary and Involuntary Retired Jockeys... 87 Physical Health Issues... 87 Mental Health Issues... 88 Social Issues... 88 Comparison of Adjustment by Duration of Retirement... 89 Physical Health Issues... 89 Mental Health Issues... 90 Social Issues... 91 Methodological Issues... 95 Participants... 95 Procedure... 96 Analysis... 97 Future Research... 97 Implications for Practice... 100 Conclusion... 103 REFERENCES... 105 APPENDICES... 119 Appendix A... 1 19 Appendix B... 120

xi LIST OF TABLES Table 4.1. Mean Physical Health Issues of Retired Jockeys... 52 Table 4.2. Means and Standard Deviations of Mental Health Issues of Retired Jockeys53 Table 4.3. Means and Standard Deviations of Social Issues of Retired Jockeys... 55 Table 4.4. Main Reasons for Retirement of Jockeys... 57 Table 4.5. Differences Betwcen Physical Health Issues of Voluntarily and Involuntarily Retired Jockeys... 59 Table 4.6. Differences Between Mental Issues of Voluntarily and Involuntarily Retired Jockeys... 61 Table 4.7. Differences Between Social Issues of Voluntarily and Involuntarily Retired Jockeys... 64 Table 4.8. Differences Between Physical Health Issues for Involuntarily Retired Jockeys oeless Than 10 Years, Between 10 and 20 Years, and Greater Than 20 Years... 67 Table 4.9. Differences Between Mental Health Issues for Involuntarily Retired Jockeys for Less than 10 years, Between 10 and 20 Years, and Greater than 20 Years... 70 Table 4.10.Differences Between Social Issues for Involuntarily Retired Jockeys of Less than 10 Years, Between 10 and 20 Years and Greater than 20 Years... 73

xii LIST OF FIGURES Figure 2.1. Conceptual Model of Career Transition... 21