Vol. 23 No. 1 (2026): Volume 23, Number 1 – 2026
Original Article

The Mediating Role Of Psychological Well-Being On The Relationship Between Human Capital And Organizational Excellence

Published 2025-11-12

Keywords

  • Investment In Human Capital, Organizational Excellence, Psychological well-being, Petroleum Products’ Distribution Company.

Abstract

The present research investigates the impact of investment in human capital on organizational excellence, with psychological well-being serving as a mediating mechanism, within the Petroleum Products Distribution Company under the Iraqi Ministry of Oil.

The study sample comprised 300 middle-level managers, including department managers and section supervisors, within the organization. Data were collected using a structured survey instrument, and statistical analyses were conducted using SPSS and SmartPLS (version 4). The findings reveal a significant and positive relationship between investment in human capital and organizational excellence, mediated by employees’ psychological well-being. These results underscore the importance of strategic managerial planning aimed at fostering flexible organizational structures supported by a competent and psychologically healthy workforce.