The Impact of Psychological Capital on Faculty Motivation in Higher Education Institutions of Nepal: A Cross-Sectional Study

Authors

  • Binod Ghimire Nepal Commerce Campus, Tribhuvan University, Kathmandu, Nepal
  • Dipendra Karki Nepal Commerce Campus, Tribhuvan University, Kathmandu, Nepal
  • Rewan Kumar Dahal Nepal Commerce Campus, Tribhuvan University, Kathmandu, Nepal
  • Surendra Prasad Joshi Thames International College, Tribhuvan University, Kathmandu, Nepal

DOI:

https://doi.org/10.3126/jbm.v8i2.76125

Keywords:

Faculty, hope, optimism, resilience, self-efficacy

Abstract

Background: Faculty motivation is a critical determinant affecting academic performance and institutional achievement in higher education. Researchers have recognized psychological capital (PsyCap), which includes self-efficacy, hope, optimism, and resilience, as crucial factors influencing motivation. Nonetheless, its effect on faculty motivation remains inadequately examined in higher education settings in Nepal.

Objectives: This study examines how PsyCap—hope, self-efficacy, resilience, and optimism—affects faculty motivation in higher education institutions. Its goal is to determine which PsyCap elements strongly influence faculty motivation.

Methods: We administered a cross-sectional survey to 394 faculty members from diverse higher education institutions in Nepal. We used multiple regression analysis to analyze the effect of PsyCap components on faculty motivation.

Results: The study revealed that hope, self-efficacy, and optimism had a substantial beneficial impact on faculty motivation, whereas resilience exhibited no significant effect. The research demonstrated that faculty motivation was significantly positively influenced by hope (β = 0.404, p < 0.001), optimism (β = 0.308, p < 0.001), and self-efficacy (β = 0.271, p < 0.001). Nevertheless, faculty motivation was not significantly influenced by resilience (β = 0.033, p = 0.224). These findings indicate that faculty members exhibiting elevated levels of self-efficacy, hope, and optimism demonstrate more motivation and engagement in their employment.

Conclusion: The study substantiates that psychological capital, specifically hope, self-efficacy, and optimism, significantly contributes to faculty motivation. Institutions ought to invest in cultivating these psychological resources to enhance faculty job satisfaction, engagement, and performance.

JEL Classification: I23, J24, M1

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Author Biographies

Binod Ghimire, Nepal Commerce Campus, Tribhuvan University, Kathmandu, Nepal

Nepal Commerce Campus, Tribhuvan University, Kathmandu, Nepal

Dipendra Karki, Nepal Commerce Campus, Tribhuvan University, Kathmandu, Nepal

Nepal Commerce Campus, Tribhuvan University, Kathmandu, Nepal

Rewan Kumar Dahal, Nepal Commerce Campus, Tribhuvan University, Kathmandu, Nepal

Nepal Commerce Campus, Tribhuvan University, Kathmandu, Nepal

Surendra Prasad Joshi, Thames International College, Tribhuvan University, Kathmandu, Nepal

Thames International College, Tribhuvan University, Kathmandu, Nepal

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Published

2024-12-31

How to Cite

Ghimire, B., Karki, D., Dahal, R. K., & Joshi, S. P. (2024). The Impact of Psychological Capital on Faculty Motivation in Higher Education Institutions of Nepal: A Cross-Sectional Study . Journal of Business and Management, 8(2), 36–49. https://doi.org/10.3126/jbm.v8i2.76125

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Articles