Title: Is psychological capital the silver bullet of business firms in a globalised world? Examining the impact of meaningful work on affective commitment: mediating role of psychological capital

Authors: Richa Dhir; Vandna Sharma

Addresses: Birla Institute of Technology Mesra, Ranchi-835215, Jharkhand, India ' Birla Institute of Technology Mesra, Noida Campus, A-7 Sector 1, Noida – 201301, Uttar Pradesh, India

Abstract: The objective of this paper is to understand the mediating role of psychological capital in the association between meaningful work and affective commitment. The purpose is achieved by collecting the data from 400 employees from information technology sector. The sample employees are from five IT organisations in Delhi-NCR. The results support our hypotheses and it was found that structural analysis presented a full mediation, with psychological capital as a mediator between meaningful work (independent variable) and affective commitment (outcome variable). Moreover, the findings also suggest that organisations should understand the role of meaningful work in creating affective commitment and must encourage positive psychology practices that facilitate the same. The uniqueness of this paper lies in the fact that meaningful work was found as an antecedent to psychological capital, a much- emphasised domain in psychological capital research.

Keywords: psychological capital; meaningful work; affective commitment; structural equation modelling; SEM; mediation; IT employees.

DOI: 10.1504/IJBG.2025.145749

International Journal of Business and Globalisation, 2025 Vol.40 No.1, pp.76 - 96

Received: 22 Apr 2022
Received in revised form: 08 May 2022
Accepted: 11 May 2022
Published online: 23 Apr 2025 *

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