ESOPs and employee attitudes: The importance of empowerment and financial value
Abstract
This paper examines how management approaches to employee stock ownership plan (ESOP) implementation affects such employee work‐related attitudes as job satisfaction, ESOP satisfaction, and job involvement. Structural‐equation modeling assesses the responses of 321 airline pilots who were employed by one of three major US‐based airlines. The results indicated positive linkages between the instrumentally and extrinsically satisfying aspects of employee ownership and ESOP satisfaction, job satisfaction, and job involvement.
Keywords
Citation
Gamble, J.E., Culpepper, R. and Blubaugh, M.G. (2002), "ESOPs and employee attitudes: The importance of empowerment and financial value", Personnel Review, Vol. 31 No. 1, pp. 9-26. https://doi.org/10.1108/00483480210412391
Publisher
:MCB UP Ltd
Copyright © 2002, MCB UP Limited