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The Causal Association Between Employee Share Ownership and Attitudes: a Study Based on the Long Framework
Author(s) -
Keef Stephen P.
Publication year - 1998
Publication title -
british journal of industrial relations
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.665
H-Index - 70
eISSN - 1467-8543
pISSN - 0007-1080
DOI - 10.1111/1467-8543.00080
Subject(s) - association (psychology) , business , longitudinal study , causal model , marketing , demographic economics , social psychology , psychology , economics , statistics , mathematics , psychotherapist
This paper examines the causal association between share ownership and attitudes of New Zealand managers, using Long’s (1978a) theoretical framework. The results of the longitudinal study showed that: (1) pre‐existing attitudes had no causal effect on the decision to purchase shares; and (2) employee share ownership did not result in the expected improvement in attitudes. Reasons as to why the scheme had little effect are discussed.