The impact of leaders' psychological capital on followers' psychological capital and consequently on students' satisfaction and organizational growth.

This study aimed to investigate the impact of leaders' psychological capital (Psy Cap) of high educational institutions on both their students' satisfaction and their organizations' growth, through the mediating effect of their followers' psychological capital or the academics' psychological capital. In other words, the research tried to examine if the high Psy Cap leaders at high educational institutions are more capable of selecting high Psy Cap academic staff, and more capable to take care of and preserve them if they are found? And so if the high Psy Cap academics are more able to attract and satisfy their students? And will this affect positively their organizational growth in terms of the number of annual students registered? And if the leaders' psychological capital has a direct effect on both students' satisfaction and the organization's growth. The study has been conducted at Canadian International College (CIC) in Egypt, in which a sample of 8 leaders, 52 academics, and 80 students, from two colleges, for three consecutive years, filled out questionnaires, and resulted in that : top management members of Canadian international college have a noticeable effect on their followers psychological capital or on academic staff members' psychological capital, and accordingly academic staff members' psychological capital has a positive effect on their students' satisfaction which means that the students' of high psychological capital academic member are more satisfied than the students' of low psychological capital academic member, and so the research proved that high psychological capital academic member positively affect the growth of their organization which means that the organizations of high psychological capital academic staff achieved more organizational growth than other ones with low psychological capital academic staff, finally the research discovered the partial mediating effect of followers' psychological capital between leader's psychological capital and both of their students' satisfaction and their organizations' growth, which means that the mediating variable accounts for some, but not all, of the relationship between the independent variable and dependent variable, implies that : there is not only a significant relationship between the mediator and the dependent variable but also some direct relationship between the independent and dependent variable, as shown by the significant positive effect of the independent variable, leaders' psychological capital, on a dependent variable in terms of students' satisfaction and organizational growth. [ABSTRACT FROM AUTHOR]