Stock ownership and work motivation

Organizational Dynamics

Volumn 30, Issue 1, 2001, Pages 1-11

  Duncan, W Jack ^a  

^a UNIVERSITY OF ALABAMA AT BIRMINGHAM   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0035373633     PISSN: 00902616     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0090-2616(01)00037-7     Document Type: Article

References (18)

1. For details on Henry Sturgis Dennison and his ideas about corporate restructuring, see Gorton James, Profit Sharing and Stock Ownership for Employees (New York: Harper & Brothers, 1926, 259-268; and Henry S. Dennison, "The Principles of Industrial Efficiency Applied to the Corporate Form of Organization" in Annals of the American Academy of Political and Social Sciences, 1915, 61 (September), 183-186. See also John Kenneth Galbraith, A Life in Our Times: Memoirs (Boston: Hougton Mifflin, 1981).
2. For details on Henry Sturgis Dennison and his ideas about corporate restructuring, see Gorton James, Profit Sharing and Stock Ownership for Employees (New York: Harper & Brothers, 1926, 259-268; and Henry S. Dennison, "The Principles of Industrial Efficiency Applied to the Corporate Form of Organization" in Annals of the American Academy of Political and Social Sciences, 1915, 61 (September), 183-186. See also John Kenneth Galbraith, A Life in Our Times: Memoirs (Boston: Hougton Mifflin, 1981).
3. For details on Henry Sturgis Dennison and his ideas about corporate restructuring, see Gorton James, Profit Sharing and Stock Ownership for Employees (New York: Harper & Brothers, 1926, 259-268; and Henry S. Dennison, "The Principles of Industrial Efficiency Applied to the Corporate Form of Organization" in Annals of the American Academy of Political and Social Sciences, 1915, 61 (September), 183-186. See also John Kenneth Galbraith, A Life in Our Times: Memoirs (Boston: Hougton Mifflin, 1981).
4. Information on stock ownership can be found in Brian J. Hall, "What You Need to Know about Stock Options," Harvard Business Review 2000, 78(2), 121-129; and Laurie Krigman, Wayne H. Shaw, and Kent L. Womack, "The Persistence of IPO Mispricing and the Predictive Power of Flipping," Journal of Finance, 1999, 54(3), 1015-1044. See also M. L. Stein, "ESOPs Fables: Idaho Daily Shares Ownership with Employees," Editor & Publisher, 1998, 131(48), 14; Jules Abend, "T Juniors: Puts Stock In Sharing with Employees," Bobbin, 1998, 39(8), 34-38; and "Companies Boost Equity-Based Pay but Stock-Based Incentives Will Slow if Market Volatility Increases," Investor Relations Business, 2000, 11 (September), 1.
5. Information on stock ownership can be found in Brian J. Hall, "What You Need to Know about Stock Options," Harvard Business Review 2000, 78(2), 121-129; and Laurie Krigman, Wayne H. Shaw, and Kent L. Womack, "The Persistence of IPO Mispricing and the Predictive Power of Flipping," Journal of Finance, 1999, 54(3), 1015-1044. See also M. L. Stein, "ESOPs Fables: Idaho Daily Shares Ownership with Employees," Editor & Publisher, 1998, 131(48), 14; Jules Abend, "T Juniors: Puts Stock In Sharing with Employees," Bobbin, 1998, 39(8), 34-38; and "Companies Boost Equity-Based Pay but Stock-Based Incentives Will Slow if Market Volatility Increases," Investor Relations Business, 2000, 11 (September), 1.
6. Information on stock ownership can be found in Brian J. Hall, "What You Need to Know about Stock Options," Harvard Business Review 2000, 78(2), 121-129; and Laurie Krigman, Wayne H. Shaw, and Kent L. Womack, "The Persistence of IPO Mispricing and the Predictive Power of Flipping," Journal of Finance, 1999, 54(3), 1015-1044. See also M. L. Stein, "ESOPs Fables: Idaho Daily Shares Ownership with Employees," Editor & Publisher, 1998, 131(48), 14; Jules Abend, "T Juniors: Puts Stock In Sharing with Employees," Bobbin, 1998, 39(8), 34-38; and "Companies Boost Equity-Based Pay but Stock-Based Incentives Will Slow if Market Volatility Increases," Investor Relations Business, 2000, 11 (September), 1.
7. Information on stock ownership can be found in Brian J. Hall, "What You Need to Know about Stock Options," Harvard Business Review 2000, 78(2), 121-129; and Laurie Krigman, Wayne H. Shaw, and Kent L. Womack, "The Persistence of IPO Mispricing and the Predictive Power of Flipping," Journal of Finance, 1999, 54(3), 1015-1044. See also M. L. Stein, "ESOPs Fables: Idaho Daily Shares Ownership with Employees," Editor & Publisher, 1998, 131(48), 14; Jules Abend, "T Juniors: Puts Stock In Sharing with Employees," Bobbin, 1998, 39(8), 34-38; and "Companies Boost Equity-Based Pay but Stock-Based Incentives Will Slow if Market Volatility Increases," Investor Relations Business, 2000, 11 (September), 1.
8. Information on stock ownership can be found in Brian J. Hall, "What You Need to Know about Stock Options," Harvard Business Review 2000, 78(2), 121-129; and Laurie Krigman, Wayne H. Shaw, and Kent L. Womack, "The Persistence of IPO Mispricing and the Predictive Power of Flipping," Journal of Finance, 1999, 54(3), 1015-1044. See also M. L. Stein, "ESOPs Fables: Idaho Daily Shares Ownership with Employees," Editor & Publisher, 1998, 131(48), 14; Jules Abend, "T Juniors: Puts Stock In Sharing with Employees," Bobbin, 1998, 39(8), 34-38; and "Companies Boost Equity-Based Pay but Stock-Based Incentives Will Slow if Market Volatility Increases," Investor Relations Business, 2000, 11 (September), 1.
9. For sources on the selected motivation theories and research see Maureen L. Ambrose and Carol T. Kulik, "Old Friends, New Faces: Motivation Research in the 1990s," Journal of Management, 1999, 25(3), 231-292; Theresa M. Welbourne and Linda A. Cry, "Using Ownership as an Incentive," Group & Organization Management, 1999, 24(4), 438-460; and Todd R. Zenger and C. R. Marshall, "Determinants of Incentive Intensity in Group-Based Rewards," Academy of Management Journal, 2000, 43(2), 149-163.
10. For sources on the selected motivation theories and research see Maureen L. Ambrose and Carol T. Kulik, "Old Friends, New Faces: Motivation Research in the 1990s," Journal of Management, 1999, 25(3), 231-292; Theresa M. Welbourne and Linda A. Cry, "Using Ownership as an Incentive," Group & Organization Management, 1999, 24(4), 438-460; and Todd R. Zenger and C. R. Marshall, "Determinants of Incentive Intensity in Group-Based Rewards," Academy of Management Journal, 2000, 43(2), 149-163.
11. For sources on the selected motivation theories and research see Maureen L. Ambrose and Carol T. Kulik, "Old Friends, New Faces: Motivation Research in the 1990s," Journal of Management, 1999, 25(3), 231-292; Theresa M. Welbourne and Linda A. Cry, "Using Ownership as an Incentive," Group & Organization Management, 1999, 24(4), 438-460; and Todd R. Zenger and C. R. Marshall, "Determinants of Incentive Intensity in Group-Based Rewards," Academy of Management Journal, 2000, 43(2), 149-163.
12. For some evidence on the benefits of employee ownership, see J. Stephen Heinen and Edward S. Bancroft, "Performance Ownership: A Roadmap to A Compelling Employment Brand," Compensation & Benefits Review, 2000, 32(1), 65-71; and Joseph E. Godfrey, "Does Employee Ownership Really Make A Difference?" The CPA Journal, 2000, 70(1), 13-16.
13. For some evidence on the benefits of employee ownership, see J. Stephen Heinen and Edward S. Bancroft, "Performance Ownership: A Roadmap to A Compelling Employment Brand," Compensation & Benefits Review, 2000, 32(1), 65-71; and Joseph E. Godfrey, "Does Employee Ownership Really Make A Difference?" The CPA Journal, 2000, 70(1), 13-16.
14. Information on broad-based stock option plans can be found in the following sources: Fay Hansen, "More Companies Are Offering Stock Options," Compensation & Benefits Review, 1998, 30(3), 7-8; Jeff Staiman and Kerry Thompson, "Designing and Implementing A Broad-Based Stock Option Plan," Compensation & Benefits Review, 1998, 30(4), 23-35; and Thomas B. Wilson, Rewards That Drive High Performance (New York: AMACOM Books, 1999).
15. Information on broad-based stock option plans can be found in the following sources: Fay Hansen, "More Companies Are Offering Stock Options," Compensation & Benefits Review, 1998, 30(3), 7-8; Jeff Staiman and Kerry Thompson, "Designing and Implementing A Broad-Based Stock Option Plan," Compensation & Benefits Review, 1998, 30(4), 23-35; and Thomas B. Wilson, Rewards That Drive High Performance (New York: AMACOM Books, 1999).
16. Information on broad-based stock option plans can be found in the following sources: Fay Hansen, "More Companies Are Offering Stock Options," Compensation & Benefits Review, 1998, 30(3), 7-8; Jeff Staiman and Kerry Thompson, "Designing and Implementing A Broad-Based Stock Option Plan," Compensation & Benefits Review, 1998, 30(4), 23-35; and Thomas B. Wilson, Rewards That Drive High Performance (New York: AMACOM Books, 1999).
17. Information on new SEC rules for private company stock program may be found in Michael Alcamo, "SEC Allows Expanded Stock Incentive Plans, International Financial Review, 1999, 18(9), 24-26; and Rule 701-Exempt Offerings Payment to Compensatory Arrangements, Securities and Exchange Commission, 17 CFR Part 230, July 1999.
18. Information on new SEC rules for private company stock program may be found in Michael Alcamo, "SEC Allows Expanded Stock Incentive Plans, International Financial Review, 1999, 18(9), 24-26; and Rule 701-Exempt Offerings Payment to Compensatory Arrangements, Securities and Exchange Commission, 17 CFR Part 230, July 1999.