Can psychological capital reduce stress and job insecurity? An experimental examination with indian evidence

Subhendu Patnaik (), Uma Sankar Mishra () and Bibhuti Bhusan Mishra ()
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Subhendu Patnaik: Oriana International Limited
Uma Sankar Mishra: Central University of Rajasthan
Bibhuti Bhusan Mishra: Siksha O Anusandhan University

Asia Pacific Journal of Management, 2022, vol. 39, issue 3, No 12, 1096 pages

Abstract: Abstract Increasingly, work stress and job insecurity have become pervasive issues in today’s dynamic workplace. Extant literature suggests that individual psychological resources play a significant role in job insecurity and stress. A review of the literature on psychological capital (PsyCap) suggests that there is a dearth of experimental investigation on the effect of PsyCap interventions (PCI) on stress and job insecurity. The primary purpose of this study is to experimentally examine whether an increase in PsyCap through PCI results in a significant decrease in stress and job insecurity. This experimental investigation was conducted on a sample of 234 adults employed in the telecom sector. This study used a two-group (treatment group and placebo control group) pre-test and post-test design. Subjects were randomly assigned either to the treatment group (N = 124) or the placebo control group (N = 110). Findings suggest that those subjects who were given PCI (treatment group) developed their PsyCap and there was a significant reduction in stress and job insecurity. On the contrary, participants of the placebo control group did not report any significant change in stress and job insecurity. Theoretical and managerial implications are discussed.

Keywords: Psychological capital; Stress; Job insecurity; PsyCap interventions (PCI); Experiment; India (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s10490-021-09761-1

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