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Psychological Capital Research: A Meta-Analysis and Implications for Management Sustainability

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  • Fanzhu Kong

    (Department of Business Administration, Huaiyin Institute of Technology, Huaian 223001, China)

  • Cheng-Hung Tsai

    (Department of Business Administration, Cheng Shiu University, Kaohsiung 83347, Taiwan)

  • Fu-Sheng Tsai

    (Department of Business Administration, Cheng Shiu University, Kaohsiung 83347, Taiwan)

  • Wenyi Huang

    (Postgraduate Programs in Management, I-Shou University, Kaohsiung 83347, Taiwan)

  • Shareena Malapitan De la Cruz

    (Department of Business Administration, Cheng Shiu University, Kaohsiung 83347, Taiwan)

Abstract

The purpose of this study is to conduct a wide-ranging meta-analytic review of empirical psychological capital studies in the management field. We conducted a meta-analysis on papers collected from the EBSCOhost and ProQuest databases. For comprehensive and extensive literature coverage, we also searched and compared the Journal Citation Report for the journals that referenced the most-cited articles (e.g., Journal of Organizational Behavior, Academy of Management Journal, etc.). A total of 81 published types of research were thoroughly selected and analyzed. The results revealed that, with different weighting, the following influencing factors have significant associations with psychological capital: organizational climate, organizational justice, authentic leadership, leader–member exchange, and occupational stress. Also, with different influencing weighting, psychological capital is confirmed to have impacts on job satisfaction, attitude, performance, organizational citizenship behavior, and undesirable behaviors. Implications for managerial sustainability are discussed.

Suggested Citation

  • Fanzhu Kong & Cheng-Hung Tsai & Fu-Sheng Tsai & Wenyi Huang & Shareena Malapitan De la Cruz, 2018. "Psychological Capital Research: A Meta-Analysis and Implications for Management Sustainability," Sustainability, MDPI, vol. 10(10), pages 1-9, September.
  • Handle: RePEc:gam:jsusta:v:10:y:2018:i:10:p:3457-:d:172475
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    References listed on IDEAS

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    1. Luthans, Fred & Luthans, Kyle W. & Luthans, Brett C., 2004. "Positive psychological capital: beyond human and social capital," Business Horizons, Elsevier, vol. 47(1), pages 45-50.
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    1. Yu-Shan Chen & Chun-Ming Lien & Wei-Yuan Lo & Fuh-Shyong Tsay, 2021. "Sustainability of Positive Psychological Status in the Workplace: The Influence of Organizational Psychological Ownership and Psychological Capital on Police Officers’ Behavior," Sustainability, MDPI, vol. 13(5), pages 1-16, March.
    2. Julia Vincent Ponroy & Dianne & H.B. Welsh, 2020. "Advancing Research on Creativity in Family Firms," Working Papers 2020-001, Department of Research, Ipag Business School.
    3. Laritza Machín-Rincón & Eva Cifre & Pilar Domínguez-Castillo & Mónica Segovia-Pérez, 2020. "I Am a Leader, I Am a Mother, I Can Do This! The Moderated Mediation of Psychological Capital, Work–Family Conflict, and Having Children on Well-Being of Women Leaders," Sustainability, MDPI, vol. 12(5), pages 1-22, March.

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