Correlates of Employee Satisfaction with Stock Ownership: Who Likes an ESOP Most?
This study examines the correlates of individual employee satisfaction with stock ownership in a sample of 37 employee stock ownership plan (ESOP) companies.
Employee stock ownership and employee attitudes: A test of three models
Results of a test of three alternative models of the conditions necessary for employee ownership to positively influence employee attitudes are reported.
Lincoln Electric Co.
This case covers the strategy and management practices of the world’s largest manufacturer of welding equipment. Discusses the compensation system and company culture, and the leadership style of management.
Absenteeism When Workers Have a Voice: The Case of Employee Ownership
Used R. M. Steers and S. R. Rhodes’s (see record 1979-09970-001) model as a framework for examining patterns of absenteeism and their predictors among 112 workers (mean age 44 yrs) in an employee-owned organization. The focus of the study was the effect of job satisfaction on voluntary absenteeism, which is traditionally thought to be either negative or canceled out by pressures to attend work.
Job Attitudes and Organizational Performance Under Employee Ownership
This paper assesses the apparent effects on job attitudes and organizational performance of recent conversions to employee ownership at three firms.
Employee Ownership: Implications for the Organizational Distribution of Power
Workers’ and managers’ views of their roles as employee owners, financial partners, and co-decision makers were examined in a furniture factory bought by its employees through a corporate divestiture.
The Effects of Employee Ownership on Organizational Identification, Employee Job Attitudes, and Organizational Performance: A Tentative Framework and Empirical Findings
Noting a paucity of research on the subject, this article attempts to explore the effects of employee ownership, concentrating on possible relationships between ownership and such variables as organizational identification, employee job attitudes, and organizational performance, and on identifying variables which may moderate these relationships.
The Relative Effects of Share Ownership vs. Control on Job Attitudes in an Employee-Owned Company
Studies on the effects of employee share ownership or employee participation in decisions (or control) have tended to focus on one or the other of the two variables or have assumed that they covary. Using data from an employee-owned company, this study attempts to empirically separate and assess the relative effects of each of these on a set of dependent variables (job attitudes) which they are both thought to affect.
Workplace Democratization: Its Internal Dynamics
What leads to successful workplace democracy — over the long-term? To answer that question, the author examined over 50 cases, in 15 different countries, covering a century of experience. The companies ranged from completely worker-owned and -controlled firms on the one hand, to partial but significant participation by employees in the management of privately-owned, community-owned, … Read More
Profit Sharing for Savings (The World’s Work, Vol. 28)
Mr. William Cooper Procter’s successful plan under which hundreds of employees that make less than $1500 a year in wages have acquired stock that is worth thousands of dollars.