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POSITIVE PSYCHOLOGICAL CAPITAL: MEASUREMENT AND RELATIONSHIP WITH PERFORMANCE AND SATISFACTION
Authors:FRED LUTHANS  BRUCE J AVOLIO  JAMES B AVEY  STEVEN M NORMAN
Institution:Gallup Leadership Institute, Department of Management University of Nebraska-Lincoln; Department of Management Central Washington University; Department of Management Mesa State College
Abstract:Two studies were conducted to analyze how hope, resilience, optimism, and efficacy individually and as a composite higher-order factor predicted work performance and satisfaction. Results from Study 1 provided psychometric support for a new survey measure designed to assess each of these 4 facets, as well as a composite factor. Study 2 results indicated a significant positive relationship regarding the composite of these 4 facets with performance and satisfaction. Results from Study 2 also indicated that the composite factor may be a better predictor of performance and satisfaction than the 4 individual facets. Limitations and practical implications conclude the article.
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