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

Author

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  • Subhendu Patnaik

    (Oriana International Limited)

  • Uma Sankar Mishra

    (Central University of Rajasthan)

  • Bibhuti Bhusan Mishra

    (Siksha O Anusandhan University)

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.

Suggested Citation

  • Subhendu Patnaik & Uma Sankar Mishra & Bibhuti Bhusan Mishra, 2022. "Can psychological capital reduce stress and job insecurity? An experimental examination with indian evidence," Asia Pacific Journal of Management, Springer, vol. 39(3), pages 1071-1096, September.
    • Handle: RePEc:kap:asiapa:v:39:y:2022:i:3:d:10.1007_s10490-021-09761-1
    DOI: 10.1007/s10490-021-09761-1
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    References listed on IDEAS

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    1. Kennon Sheldon & Sonja Lyubomirsky, 2006. "Achieving Sustainable Gains in Happiness: Change Your Actions, not Your Circumstances," Journal of Happiness Studies, Springer, vol. 7(1), pages 55-86, March.
    2. Bhandari, Amit Kumar & Heshmati, Almas, 2006. "Wage Inequality and Job Insecurity among Permanent and Contract Workers in India: Evidence from Organized Manufacturing Industries," IZA Discussion Papers 2097, Institute of Labor Economics (IZA).
    3. Ting Cheng & Guo-hua Huang & Cynthia Lee & Xiaopeng Ren, 2012. "Longitudinal effects of job insecurity on employee outcomes: The moderating role of emotional intelligence and the leader-member exchange," Asia Pacific Journal of Management, Springer, vol. 29(3), pages 709-728, September.
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    Cited by:

    1. Siqi Wang & Jun-Hwa Cheah & Weng Marc Lim & Jennifer Yee-Shan Chang, 2024. "Management and organizational research in Asia Pacific: insights from a 40th anniversary review of the Asia Pacific Journal of Management," Asia Pacific Journal of Management, Springer, vol. 41(4), pages 1773-1796, December.
    2. Fang Sun & Anqi Zheng & Junbang Lan, 2022. "Job Insecurity and Employees’ Taking Charge Behaviors: Testing a Moderated Mediation Model," IJERPH, MDPI, vol. 19(2), pages 1-13, January.

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