Share Ownership and Employee Attitudes: Some Evidence from China''s Postprivatization Rural Industry

In this paper, we report the impacts of share ownership on employee attitudes in China's privatized rural industries based on a survey administered in the Provinces of Jiangsu and Shandong. Our results indicate that, in general, employee shareholders have higher levels of job satisfaction, perceive greater degrees of participation in enterprise decision-making, display stronger organizational commitment, and have more positive attitudes towards the privatization process than nonshareholders in privatized firms. J. Comp. Econ., June 2002 30(4), pp. 812–835. Department of Economics, University of Winnipeg, Winnipeg, Manitoba, Canada; Economics Program, University of Northern British Columbia, Prince George, British Columbia, Canada; and Department of Economics, University of British Columbia, Vancouver, British Columbia, Canada. © 2002 Association for Comparative Economic Studies. Published by Elsevier Science (USA). All rights reserved.Journal of Economic Literature Classification Numbers: P3, P2, J5.