INITIAL VALIDATION OF THE SHORTENED PSYCHOLOGICAL CAPITAL QUESTIONNAIRE (PCQ-12) ON CROATIAN SAMPLE

Psychological capital (PsyCap) is a relatively new construct, defined as an individual’s positive psychological state of development, and includes four positive psychological components: self-efficacy, optimism, hope and psychological resiliency. Numerous studies have shown its correlation with many positive organizational outcomes. Until today, no reliability and validity study of the existing instruments for measuring PsyCap has been conducted in Croatia. Therefore, the aim of this paper was to examine the reliability and validity of the shortened PsyCap Questionnaire with 12 items (PCQ-12). The study involved 304 employees of different gender, age and position in an organization. Confirmatory factor analysis confirmed the existence of a common higher order factor that is superordinate and represents the four sub-dimensions. The internal reliability of the scale is satisfactory. A positive correlation between PsyCap, job and life satisfaction was also confirmed, and managers showed a higher level of PsyCap than employees. The results obtained indicate that the shortened version of the PsyCap questionnaire shows satisfactory reliability and validity.