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More evidence on the value of Chinese workers' psychological capital: A potentially unlimited competitive resource?

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TLDR
In this article, a positive approach to Chinese HRM that recognizes, develops and manages the psychological capital (PsyCap) of workers is proposed, and the results of a follow-up study provide further evidence that the PsyCap of Chinese workers is related to their performance.
Abstract
As China continues its unprecedented economic growth and emergence as a world power, new solutions must be forthcoming to meet the accompanying challenges. We propose a positive approach to Chinese HRM that recognizes, develops and manages the psychological capital (PsyCap) of workers. After providing a brief overview of hope, efficacy, optimism, resilience and overall PsyCap in today's Chinese context, the results of a follow-up study provide further evidence that the PsyCap of Chinese workers is related to their performance. The implications that this evidence-based value of Chinese workers' psychological capital has for China now and into the future concludes this study.

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Why Entrepreneurs Often Experience Low, Not High, Levels of Stress The Joint Effects of Selection and Psychological Capital

TL;DR: In this paper, the authors suggest that persons who are attracted by, selected into, and persist in entrepreneurship may be relatively high in the capacity to tolerate or effectively manage stress, whereas those who are relatively low in this capacity tend to exit from entrepreneurship either voluntarily or involuntarily.
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In the Eyes of the Beholder: Transformational Leadership, Positive Psychological Capital, and Performance

TL;DR: This paper developed and tested a conceptual model of followers' perceptions of transformational leadership as an antecedent to their positive psychological capital, a higher-order construct that represents an individual's motivational propensity and perseverance toward goals.
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Impact of authentic leadership on performance: Role of followers' positive psychological capital and relational processes

TL;DR: The authors investigated the moderating role followers' positive psychological capital (PsyCap) and the mediating role that leader-member exchange (LMX) may play in influencing the relationship between authentic leadership and followers' performance.
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The “Point” of Positive Organizational Behavior

TL;DR: In this paper, the authors make a deep inquiry into the major issues and questions surrounding positive organizational behavior (POB) and how POB relates to our recent work in authentic leadership development.
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The Role of Mindfulness and Psychological Capital on the Well-Being of Leaders

TL;DR: Testing the direct effect that organizational leaders' level of mindfulness and the mediating effect of their psychological capital may have on their mental well-being found mindfulness was found to be negatively related to various dysfunctional outcomes.
References
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Book

Self-Efficacy: The Exercise of Control

TL;DR: SelfSelf-Efficacy (SE) as discussed by the authors is a well-known concept in human behavior, which is defined as "belief in one's capabilities to organize and execute the courses of action required to produce given attainments".
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Positive psychology: An introduction.

TL;DR: The authors outline a framework for a science of positive psychology, point to gaps in the authors' knowledge, and predict that the next century will see a science and profession that will come to understand and build the factors that allow individuals, communities, and societies to flourish.
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Back-Translation for Cross-Cultural Research

TL;DR: The authors investigated factors that affect translation quality and how equivalence between source and target versions can be evaluated through an analysis of variance design, and concluded that translation quality can be predicted, and that a functionally equivalent translation can be demonstrated when responses to the original and target translations are studied.
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Ordinary magic. Resilience processes in development.

TL;DR: An examination of converging findings from variable-focused and person-focused investigations of resilience suggests that resilience is common and that it usually arises from the normative functions of human adaptational systems, with the greatest threats to human development being those that compromise these protective systems.
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What Good Are Positive Emotions

TL;DR: A new model is advanced to describe the form and function of a subset of positive emotions, including joy, interest, contentment, and love, that serve to broaden an individual's momentary thought–action repertoire, which in turn has the effect of building that individual's physical, intellectual, and social resources.
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