Aging & Longevity

Social capital and subjective well-being among older adults: The mediating role of loneliness and the moderating role of optimism.

TL;DR

Loneliness mediates the relationship between social capital and subjective well-being in older adults, accounting for 45.1% of bonding and 50.5% of bridging social capital associations, while optimism negatively moderates the social capital–loneliness pathway.

Key Findings

Social capital was positively associated with subjective well-being among older adults in China.

  • Study conducted among older adults aged 60 and above in Guangzhou, Guangdong Province, China.
  • 581 valid questionnaire responses were analyzed using SPSS.
  • Both bonding and bridging dimensions of social capital were examined in relation to subjective well-being.
  • Analysis was guided by Conservation of Resources (COR) theory within a moderated mediation framework.

Loneliness mediated the relationship between social capital and subjective well-being.

  • Loneliness accounted for 45.1% of the association between bonding social capital and subjective well-being.
  • Loneliness accounted for 50.5% of the association between bridging social capital and subjective well-being.
  • Higher social capital was associated with reduced loneliness, which in turn was associated with higher subjective well-being.
  • The mediation findings were identified within a moderated mediation analytic framework.

Optimism negatively moderated the association between social capital and loneliness.

  • Higher levels of optimism diminished the protective association of social capital on loneliness reduction.
  • The moderation effect indicated that the inverse relationship between social capital and loneliness was weaker among individuals with higher optimism.
  • Optimism functioned as a moderator within the broader moderated mediation model.
  • The authors interpreted this as meaning that highly optimistic individuals may rely less on social capital as a resource for reducing loneliness.

The study employed a moderated mediation framework grounded in Conservation of Resources (COR) theory to examine pathways to subjective well-being in aging.

  • Well-validated scales were used to measure social capital (bonding and bridging), loneliness, optimism, and subjective well-being.
  • Participants were community-dwelling older adults aged 60 and above.
  • The sample consisted of 581 valid responses from Guangzhou, Guangdong Province, China.
  • COR theory provided the theoretical basis for proposing that social capital functions as an external resource affecting well-being through loneliness.

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Citation

Hao J, Chen H. (2026). Social capital and subjective well-being among older adults: The mediating role of loneliness and the moderating role of optimism.. Acta psychologica. https://doi.org/10.1016/j.actpsy.2026.106228