Effects of tourism CSR on employee psychological capital in the COVID-19 crisis: from the perspective of conservation of resources theory

• Published in: Current issues in tourism Vol. 24; no. 19; pp. 2716 - 2734
• Main Authors: Mao, Yan, He, Jie, Morrison, Alastair M., Andres Coca-Stefaniak, J.
• Format: Journal Article
• Language: English
• Published: Abingdon Routledge 02.10.2021; Taylor & Francis Ltd
• Subjects: Conservation; conservation of resources (CoR) theory; Coronaviruses; Corporate social responsibility (CSR); COVID-19; Health risks; hope; Job satisfaction; loss orientation; Occupational health; Optimism; Resilience; Resource conservation; satisfaction with corporate COVID-19 responses; Security; self-efficacy; Social responsibility; Tourism
• ISSN: 1368-3500; 1747-7603
• DOI: 10.1080/13683500.2020.1770706

The main purpose of this research was to illustrate how companies contributed to employee psychological capital in tourism during the COVID-19 crisis based on the conservation of resources theory (CoR). Psychological capital including self-efficacy, hope, resilience and optimism is a key source of support at work, especially during challenging events. With threats to health and job security, employee psychological capital was unlikely to recover on its own naturally. However, tourism companies can augment employee psychological capital through corporate social responsibility (CSR). The effects of CSR on employee psychological capital remains unclear. This research examined differing effects of CSR on self-efficacy, hope, resilience and optimism. Based on a survey of 430 employees in tourism in China, the results showed that CSR had positive impacts on employee self-efficacy, hope, resilience and optimism through employee satisfaction with corporate COVID-19 responses. In addition, individual loss orientation strengthened the effects of CSR on employee self-efficacy, hope, resilience and optimism.