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Employees that think and act like owners: effects of ownership beliefs and behaviors on organizational effectiveness

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TLDR
In this paper, a model of the psychological experience of employee ownership in work groups was developed to investigate antecedents (participation in a 401 (k) program and a climate of self-determination) and consequences (employee attitudes and financial performance) of psychological ownership.
Abstract
A model of the psychological experience of employee ownership in work groups was developed to investigate antecedents (participation in a 401 (k) program and a climate of self-determination) and consequences (employee attitudes and financial performance) of psychological ownership. Based on data from a large retail organization, results showed that working in a climate supporting self-determination and 401(k) participation were positively related to the level of ownership beliefs in the 204 work groups studied. Ownership beliefs were positively related to ownership behaviors and employees' attitudes toward the organization, whereas ownership behaviors were positively related to financial performance. Implications of psychological ownership for organizational behavior and performance are discussed.

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Making Things Happen: A Model of Proactive Motivation:

TL;DR: In this paper, the authors identify a range of proactive goals that individuals can pursue in organizations, which vary on two dimensions: the future they aim to bring about (achieving a better personal fit within one's work environment, improving the organization's internal functioning, or enhancing the organisation's strategic fit with its environment) and whether the self or situation is being changed.
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Psychological ownership: theoretical extensions, measurement and relation to work outcomes

TL;DR: In this paper, the authors investigated the components of an expanded view of psychological ownership, including selfefficacy, accountability, sense of belongingness and self-identity, and territoriality as a unique and more "prevention-focused" form of ownership.
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Assembling Fragments Into a Lens: A Review, Critique, and Proposed Research Agenda for the Organizational Work Climate Literature

TL;DR: This article reviewed existing research related to organizational work climates and provided a review and critique of the current state of knowledge, and assembled the individual pieces into a unified lens capable of identifying overarching themes and challenges facing researchers, turning this lens to the future, so as to provide a clearer view of some promising avenues for research opportunities and potential for reintegrating the field.
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Entrepreneurial exit as a critical component of the entrepreneurial process: Theoretical development

TL;DR: In this paper, the authors define entrepreneurial exit and demonstrate how this conceptualization provides concepts that are unique from those addressed by researchers in other domains; thus outlining a space for it within the literature.
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Exploring the Process of Ethical Leadership: The Mediating Role of Employee Voice and Psychological Ownership

TL;DR: In this article, a study with 845 working adults across multiple organizations, the relationships between ethical leadership with positive employee outcomes were examined. And they found that ethical leadership is related to both psychological well-being and job satisfaction in employees, but the processes are different.
References
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Journal ArticleDOI

Theory of the firm: Managerial behavior, agency costs and ownership structure

TL;DR: In this article, the authors draw on recent progress in the theory of property rights, agency, and finance to develop a theory of ownership structure for the firm, which casts new light on and has implications for a variety of issues in the professional and popular literature.
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Structural equation modeling in practice: a review and recommended two-step approach

TL;DR: In this paper, the authors provide guidance for substantive researchers on the use of structural equation modeling in practice for theory testing and development, and present a comprehensive, two-step modeling approach that employs a series of nested models and sequential chi-square difference tests.
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Comparative fit indexes in structural models

TL;DR: A new coefficient is proposed to summarize the relative reduction in the noncentrality parameters of two nested models and two estimators of the coefficient yield new normed (CFI) and nonnormed (FI) fit indexes.
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Significance tests and goodness of fit in the analysis of covariance structures

TL;DR: In this article, a general null model based on modified independence among variables is proposed to provide an additional reference point for the statistical and scientific evaluation of covariance structure models, and the importance of supplementing statistical evaluation with incremental fit indices associated with the comparison of hierarchical models.
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Agency Theory: An Assessment and Review

TL;DR: In this article, the authors review agency theory, its contributions to organization theory, and the extant empirical work and develop testable propositions and conclude that agency theory offers unique insight into information systems, outcome uncertainty, incentives, and risk.
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