Comparison of the psychological capital of founders and their employed top management
Comparison of the psychological capital of founders and their employed top management
Author(s): Victoria Berg, Marcus HeidbrinkSubject(s): Business Economy / Management, Clinical psychology, Behaviorism, Management and complex organizations, Health and medicine and law
Published by: MedCrave Group Kft.
Keywords: psychology; management; employees; psychological capital;
Summary/Abstract: This study examines the difference of Psychological Capital (PsyCap) of founders in comparison to their employed top managers in young companies. We use the PCQ (Psychological Capital Questionnaire) developed and tested by Luthans and colleagues to do so. Results were concluded on the basis of 36 responses from founders from Germany and Chile from 27 different young companies and the same number of answers from their respective employed top managers. A t-test for independent samples shows a significantly higher level in three of the four states of PsyCap among founders: self-efficacy, resilience and optimism. Hope is the only state in which founders don’t exhibit a significantly higher level than their employed top managers. Overall, PsyCap of founders is higher than their employees’. The study is concluded with implications and limitations.
Journal: Journal of Psychology & Clinical Psychiatry
- Issue Year: 8/2017
- Issue No: 3
- Page Range: 1-6
- Page Count: 6
- Language: English
