THE IMPACT OF AUTHENTIC LEADERSHIP ON EMPLOYEE PSYCHOLOGICAL CAPITAL IN THE HOSPITALITY INDUSTRY
Psychological capital is a focal component of authentic leadership theory. The importance and growing popularity of psychological capital stem from its positive effect on desirable employee work-related attitudes and behaviors, which is particularly pronounced in the service industries. However,...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Zagreb, Croatia / Faculty of Economics and Business / Department of Trade and International Business
2021-01-01
|
| Series: | Poslovna Izvrsnost |
| Subjects: | |
| Online Access: | https://hrcak.srce.hr/file/375046 |
| Summary: | Psychological capital is a focal component of authentic leadership theory. The
importance and growing popularity of psychological capital stem from its positive effect
on desirable employee work-related attitudes and behaviors, which is particularly
pronounced in the service industries. However, empirical research on the relationship
between authentic leadership and psychological capital in the hospitality industry is
scarce. In order to fulfil this gap in the literature, the present study investigates the
influence of authentic leadership on hotel employees’ psychological capital, additionally
examining the moderating role of organizational structure. Hypotheses were tested using
hierarchical multiple regression analysis on a sample of 226 employees from 24 hotels
in Croatia. The findings confirmed that managers who demonstrate authentic leadership
behaviors are able to positively impact hotel employees’ psychological capacities of
hope, optimism, resilience and self-efficacy. However, there was no empirical evidence
to support the hypothesized moderation effect of organic organizational structures in the
said relationship. |
|---|---|
| ISSN: | 1846-3355 1848-9060 |