Limits to psychological ownership in the family business

Broekaert, Wouter; Henssen, Bart; Lambrecht, Jan; Debackere, Koenraad; Andries, Petra

doi:10.1108/jfbm-12-2017-0042

Cited by 16 publications

(16 citation statements)

References 54 publications

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“…The notion of psychological ownership has received significant attention from researchers due to its ability to predict workplace outcomes (see Alok, 2014;Broekaert et al, 2018). The psychological ownership feeling is highly associated with feeling of possession.…”

Section: Overall Fairness Perception and Psychological Ownershipmentioning

confidence: 99%

The mediating role of overall fairness perception: a structural equation modelling assessment

Mohammad

Quoquab

Idris³

et al. 2019

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Purpose Most of the past studies related to organisational justice focussed on different types of justice, such as procedural justice, distributive justice and interactional justice either separately or collectively. Still, further investigation on the overall concept of fairness is required to extend theoretical generalisability. Moreover, researchers argued that overall fairness rather than a specific type represents more concrete situation about employees’ perception of fairness within an organisation. Considering this, the purpose of this paper is to examine the mediating effect of overall fairness perception (OFP) in relation to workplace outcome as well as its predictive ability on employees’ attitude and behaviour in term of psychological ownership and citizenship behaviour. Design/methodology/approach A total of 250 questionnaires were distributed among the employees of financial institutions in Malaysia, which yielded 150 completed usable responses. Smart PLS (version 3) software and SPSS were utilised in order to analyse the data. Findings The results revealed that overall fairness plays a crucial role as a mediator as well as a predictor. Limitations and future research directions are also discussed. Practical implications This study provides useful insights for the mangers of financial institutions. It also suggests strategies about how to manage justice and workplace outcomes at workplace. Originality/value This paper is among the pioneers to address the mediating role of OFP in relations to workplace attitude and behaviour in non-western context.

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Section: Overall Fairness Perception and Psychological Ownershipmentioning

confidence: 99%

The mediating role of overall fairness perception: a structural equation modelling assessment

Mohammad

Quoquab

Idris³

et al. 2019

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“…According to Cao et al (2019), even devoid of formal ownership, feelings of ownership can be there, and the impact of this feeling is the same as that of official ownership. Psychological ownership has garnered growing importance from researchers because of its ability to predict workplace outcomes (Broekaert et al, 2018). The explicit mechanism through which organizational justice relates to organizational citizenship behaviour is underexplored.…”

Section: Introductionmentioning

confidence: 99%

Organizational justice and organizational citizenship behaviour: the mediating role of psychological ownership

Jnaneswar¹,

Ranjit²

2021

JOEPP

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PurposeThe purpose of this paper is to propose and empirically test a model that examines psychological ownership as an intervening variable between organizational justice and organizational citizenship behaviour drawing on the social exchange theory, equity theory and event mediated model.Design/methodology/approachThe study was based on a cross-sectional research design, with a sample of 301 full-time employees from various information technology organizations in India. Amos software was used to test the validity of the hypothesised model, and PROCESS macro was used to test the mediation of psychological ownership.FindingsThe findings showed that organizational justice impacted both psychological ownership and organizational citizenship behaviour. Furthermore, psychological ownership impacted the organizational citizenship behaviour of employees. The key finding of this study is the partial mediation of psychological ownership in the relationship between organizational justice and organizational citizenship behaviour.Practical implicationsBesides enriching the organizational behaviour literature, the findings of the study offer valuable messages to the organizational leaders in creating sustained competitive advantage through employee behaviours like organizational citizenship behaviour and psychological ownership.Originality/valueEven though the literature reports the impact of organizational justice on organizational citizenship behaviour, the majority of this research is based on a western context. There is little research work done to examine the direct relationship between these variables in a non-western context, especially in an emerging economy like India. This study bridges this research gap and enriches the literature by elucidating how organizational justice impacts organizational citizenship behaviour by evincing the mediating mechanism of psychological ownership. Moreover, this is one of the primary studies that explore the mediating role of psychological ownership in the relationship between organizational justice and organizational citizenship behaviour.

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“…Thus, a downside to having too much of the positive results from being embedded, is that this comes together to create a backlash in the hampered development of the entrepreneur’s psychological ownership of the firm. As psychological ownership has been found to promote responsibility (Pierce et al , 2001) and drive the owner to do their utmost for their business (Broekaert et al , 2018), hampered psychological ownership may restrain a firm’s development. The next section explains the notion of psychological ownership – what it is, how it arises and its effects on firm performance.…”

Section: A Theoretical Frameworkmentioning

confidence: 99%

“…Bernhard and O'Driscoll, 2011; Liu et al , 2012) as well as owners (Townsend et al , 2009). Family businesses have been an important application (Pittino et al , 2018; Mahto et al , 2014), in which psychological ownership motivates family owners to do their utmost for their businesses (Broekaert et al , 2018).…”

Section: A Theoretical Frameworkmentioning

confidence: 99%

The marionette: embeddedness in a community of family-controlled firms

Astner¹

2020

JEC

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Purpose Being embedded in family has proven to bring opportunities and facilitate resources for a firm. However, it has its dark side, where too much family involvement may hamper the entrepreneur’s ability to develop psychological ownership of the firm. By focusing on the role that family plays in entrepreneurship, this paper aims to explore how embeddedness and agency interact during the entrepreneurial process. The research questions are as follows: how does family interact in the entrepreneurial process? How does embeddedness inform this process? Design/methodology/approach The paper builds on a longitudinal case study of a small firm that is part of a local community of family-controlled firms. The narrative was created through in-depth interviews with the business owner covering a period of eight years from the opening to the closure of the firm. Departing from theories of family embeddedness, the family is viewed as part of the context. Findings The findings show how agency operates in a community of family-controlled firms and how entrepreneurship is thus partly executed outside the firm’s legal boundaries. The metaphor of a marionette illustrates how family may tie up and restrain an entrepreneur. This hampers the entrepreneur in developing psychological ownership of the firm and thereby restrains the firm’s development. This shows a downside to having too much positive influence from embeddedness. Research limitations/implications The paper stresses the social role of family by emphasising the value that a family can bring to an entrepreneurial process and thereby to society at large. Practitioners need to reflect on the effects of embeddedness. By recognising the downsides of too much help from outsiders, they may instead strive for a balance. By introducing the theory of psychological ownership to the literature on embeddedness, this paper opens the space for future developments of this cross-section. Originality/value The paper contributes to the entrepreneurship literature by unfolding the mechanisms of family embeddedness and illustrating how embeddedness informs the entrepreneurial process in different ways. Even though over-embeddedness has been investigated before, this has primarily focused on the negative control from outside the firm. This paper uses the notion of psychological ownership to shed light on the previously hidden problem of too much positive influence from family.

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Limits to psychological ownership in the family business

Cited by 16 publications

References 54 publications

The mediating role of overall fairness perception: a structural equation modelling assessment

The mediating role of overall fairness perception: a structural equation modelling assessment

Organizational justice and organizational citizenship behaviour: the mediating role of psychological ownership

The marionette: embeddedness in a community of family-controlled firms

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