Employee Ownership Work Attitudes, and Power Relationships

French, J. Lawrence; Rosenstein, Joseph

doi:10.5465/255883

Cited by 34 publications

(47 citation statements)

References 8 publications

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“…That is, an employee's ESOP satisfaction may reflect how much money he or she has personally earned through the employee ownership plan. This hypothesis is consistent with previous employee ownership research (French & Rosenstein, 1984;Hochner & Granrose, 1985;Klein, 1987;Rosen et al, 1986) and with research on pay and other benefit plans that documents the positive correlation between the size of the benefit and employee satisfaction with that benefit (Berger & Schwab, 1980;Heneman, 1984;Lawler, 1971Lawler, , 1981Schwab & Wallace, 1974). …”

Section: Predictors Of Individual Esop Satisfactionsupporting

confidence: 79%

“…Despite increasing research attention (e.g., Conte & Tannenbaurn, 1978;French & Rosenstein, 1984;Hammer & Stern, 1980;Hochner & Granrose, 1985;Klein, 1987;Long, 1978;Rosen, Klein, & Young, 1986), important questions about the nature and determinants of employee attitudes toward stock ownership remain unanswered. Are all employees equally satisfied with stock ownership?…”

mentioning

confidence: 99%

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Correlates of employee satisfaction with stock ownership: Who likes an ESOP most?

Klein¹,

Hall²

1988

Journal of Applied Psychology

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In this study, we examined the correlates of individual employee satisfaction with stock ownership in a sample of 37 employee stock ownership plan (ESOP) companies. The results indicated that ESOP satisfaction is a function of five factors: (a) characteristics of the company ESOP, (b) employee status within the ESOP, (c) employee values, (d) interactions between employee and ESOP characteristics, and (e) employees' general attitude toward the organization as a whole (organizational commitment). Together, these five factors accounted for 58% of the variance in ESOP satisfaction. The results both support and extend previous employee stock ownership research and theory.

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Section: Predictors Of Individual Esop Satisfactionsupporting

confidence: 79%

mentioning

confidence: 99%

Correlates of employee satisfaction with stock ownership: Who likes an ESOP most?

Klein¹,

Hall²

1988

Journal of Applied Psychology

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“…According to Pierce, Kostova, and Dirks (2001), possessions become part of the owner's identity through the owner's sense of control over, intimate knowledge of, and investment into them. Supporting this notion, empirical research has shown that employee stock ownership programs have had a positive effect on many individual psychological variables, including organizational identification (French & Rosenstein, 1984;Klein, 1987;Long, 1978). Because veterinary medicine organizations tend to be much smaller than corporations, we expected that this effect would be even more pronounced because the owners possess a greater share of the organization.…”

Section: Social Identification In Veterinary Medicine Organizationsmentioning

confidence: 86%

Multiple professional identities: Examining differences in identification across work-related targets.

Johnson

Morgeson

Ilgen

et al. 2006

Journal of Applied Psychology

228

177

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Although there is a growing literature on organizational identification, relatively little research has investigated other possible targets of identification. In a sample of veterinarians working in a wide range of organizations, the authors compared their identification with the veterinary profession, their organization, and their workgroup. The authors found different patterns of identification across these targets depending on whether the individual (a) worked in a veterinary medicine or nonveterinary medicine organization and (b) was an owner/partner or an associate. Owners of veterinary medicine organizations identified more with the organization than with either the profession or their workgroup. Associates in veterinary medicine organizations identified more with the organization and the workgroup than with the profession. Veterinarians in nonveterinary medicine organizations identified more with the profession and their workgroup than with the organization. Identification with each of the targets provided independent predictive validity of job satisfaction.

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“…This model meets the aspirations of employees, while adhering to the assumptions of agency theory. French and Rosenstein (1984); French (1987) and Klein (1987) explain that it is the presence of the prospect of financial gain which promotes employee shareholders' involvement. Buchko (1992) defines employee satisfaction towards share plans, as the degree to which employees have a positive emotional orientation towards ES.…”

Section: Extrinsic Satisfactionmentioning

confidence: 99%

Employee Ownership And Employee - Shareholders Satisfaction: An Analysis Of French Companies Listed On The SBF 250

Elouadi

Noamene

Chaher

2016

JABR

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Employee Ownership Work Attitudes, and Power Relationships

Cited by 34 publications

References 8 publications

Correlates of employee satisfaction with stock ownership: Who likes an ESOP most?

Correlates of employee satisfaction with stock ownership: Who likes an ESOP most?

Multiple professional identities: Examining differences in identification across work-related targets.

Employee Ownership And Employee - Shareholders Satisfaction: An Analysis Of French Companies Listed On The SBF 250

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