“…Many studies conducted on Theory X/Y indicate that "there is no such one best organizational approach; rather, the best approach depends on the nature of the work and the organizational structure" (Hattangadi, 2015, p. 21).Besides, there is less systematic research on Theory X/Y and very few studies are being conducted to test the theory (Bojadziev et al, 2016, Gurbuz, Sahin&Koksal, 2014Kopelman et al, 20012;Shahin, 2012, Thomas &Bostrom, 2008.Conversely, McGregor's (1960) Theory X/Y on managerial assumptions are "worthwhile basis from which to examine several important individual outcomes" (Gurbuz et al, 2014(Gurbuz et al, , p. 1900, "organizational development firms continue to use assessment tools based on Theory X/Y" (Kopelman et al, 2012, p. 451) and scholars have continued to discuss and debate on theorizing it (Sahin, 2012, p. 159). Kopelman et al (2012) states that McGregor's (1960) theorizing reflects the six ideas, viz, (1) managers unknowingly makes assumptions about their employees; (2)a pessimistic view (Theory X) and more optimistic view (Theory Y) are two broad categories of managerial assumptions;…”