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    Please use this identifier to cite or link to this item: http://ir.lib.ncu.edu.tw/handle/987654321/29441

    Title: Why do employees hold their vested stocks while they can sell them?
    Authors: Liu,NC;Lin,A;Lin,CH
    Contributors: 人力資源管理研究所
    Date: 2009
    Issue Date: 2010-06-29 20:24:52 (UTC+8)
    Publisher: 中央大學
    Abstract: We proposed an integrated model of risk-balancing arguments and the emergence of psychological ownership to investigate employees' propensity of holding awarded stocks under a broad-based stock incentive plan. Analysis was conducted using a sample of 391 employees of a semiconductor foundry located in Taiwan. The results provided strong indication that psychological ownership motivation contribute to explain employees' willingness to hold vested stocks from broad-based stock plans. This study provide stimulating insight into the psychological mechanisms through which the individual's risk-aversion and wealth effects influence employees' intentions to hold vested stocks and further extends our understanding on how broad-based stock plans can develop an employees sense of ownership.
    Appears in Collections:[人力資源管理研究所] 期刊論文

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