Abstract:
The Handloom industry is one of Sri Lanka's indigenous industries and has been around for centuries, is currently facing tremendous competition in the global market, and it must develop and execute improvements to compete in the textile industry. However, gaining employee affective commitment to such reforms remains a challenge. Even though, the fact that much scholarly effort has been devoted last few years to increasing workers' affective commitment to their workplace, it remains a problem. Following this problem, the aim of this study is to investigate the role of the employees’ psychological capital to determine the employees’ affective organizational commitment to the weaving centres of the Handloom industry in Sri Lanka. Assess the psychological capital and affective organizational commitment through a standard and validated questionnaire survey and data were collected from 361 employees from weaving centres of the Handloom industry in Sri Lanka. Correlation analysis and regression analysis were carried out through SPSS 21. Results suggest that psychological capital is positively and significantly related to affective organizational commitment. The results indicated a significant positive relationship between psychological capital and affective organizational commitment. In other words, hope, resilience and optimism positively and significantly predict the affective organizational commitment except for the efficacy dimension of psychological capital. This research makes a novel contribution by being among the first to examine the impact of psychological capital in explaining affective commitment among employees in weaving centres of the Handloom industry in Sri Lanka and suggests that affective commitment can improve, especially through psychological dimensions of hope, resilience and optimism.
