DOI QR코드

DOI QR Code

Born Global or Not? It May Depend on Psychological Ownership of Top Executives

중역들의 심리적 소유의식 확대를 통한 중소기업의 글로벌화 가능성에 대한 실증적 고찰

  • Received : 2014.10.07
  • Accepted : 2014.10.25
  • Published : 2014.12.30

Abstract

'Born Global' is a core value that small to medium sized enterprizes (hereinafter SMEs) in Korea are pursuing due to increasing competitiveness and relatively smaller market size in domestic markets. How can we build capabilities to be born global? This paper seeks to find the answer for the question, and investigates the role of psychological ownership of top executives. Results show that psychological ownership of top executives positively influence the ratio of export in revenue, surrogate for global performance. In addition, the results show that psychological ownership can be built through information access, participation in decision making, and procedural justice.

중소기업의 글로벌화는 최근 화두가 되고 있는 창조경제의 핵심성과이다. 글로벌화를 위해서는 다양한 노력이 필요한 가운데, 본 연구에서는 중역들이 글로벌화를 추진하기 위해서 어떠한 동기부여가 필요한가에 대해서 확인하는 것에 초점을 두고 있다. 실증분석 결과, 중역들의 심리적 소유의식은 중소기업의 글로벌화에 강한 유의미한 영향을 미치는 것으로 나타났고, 중역들의 소유의식은 의사결정 참여, 정보습득 권한, 그리고 절차적 공정성의 강화를 통해서 고취될 수 있다는 것을 실증적으로 제시하고 있다.

Keywords

References

  1. K. Pauwels, J. Silva-Risso, S. Srinivsansan, and D. M. Hannssens, "New Products, sales promotions, and firm value; the case of the automobile industry", Journal of Marketing, Vol. 68, No. 4, pp. 142-156, 2004. https://doi.org/10.1509/jmkg.68.4.142.42724
  2. T. W. Lee, & S. D. Maurer, S. D. "The retention of knowledge workers with the unfolding model of voluntary turnover", Human Resource Management Review, Vol. 7, No. 3, pp. 247-275, 1997. https://doi.org/10.1016/S1053-4822(97)90008-5
  3. Y. K. Kim, "An Exploratory Study of Fairness Structure in the Context of the Online Shopping", Journal of the Korea Industrial Information System Society, Vol. 14, No. 4, pp. 128-142, 2009.
  4. J. W. Kim, K. Lee & H. Chung, "An Empirical Study for the Management Performance of Primary Medical Centers", Journal of the Korea Industrial Information System Society, Vol. 13, No. 3, pp. 87-99, 2008.
  5. S. H. Wagner, C. P. Parker & N. D. Christiansen, "Employees that think and act like owners: The effects of ownership beliefs and behaviors on organizational effectiveness", Personnel Psychology, Vol. 56, No. 4, pp. 847-871, 2003. https://doi.org/10.1111/j.1744-6570.2003.tb00242.x
  6. J. L. Pierce, J. L., & Rodgers, L.,"The psychological of ownership and worker-owner productivity," Group and Organizational Management, Vol. 29, No. 5, pp. 588-613, 2004. https://doi.org/10.1177/1059601103254270
  7. J. L. Pierce, S. A. Rubenfeld & S. Morgan, " Employee ownership: A conceptual model of process and effects", Academy of Management Review, Vol. 16, No. 1, pp. 121-144, 1991. https://doi.org/10.5465/AMR.1991.4279000
  8. J. L. Pierce, T. Kostova & K. T. Dirks, "Toward a theory of psychological ownership in organizations," Academy of Management Review, Vol. 26, No. 2, pp. 298-310, 2001.
  9. M. P. O''Driscoll, J. L. Pierce & A. Coghlan, "The psychological ownership: Work environment structure, organizational commitment, and citizenship behavior", Group and Organization Management, Vol. 31, No. 3, pp. 388-416, 2006. https://doi.org/10.1177/1059601104273066
  10. L. Van Dyne & J. L. Pierce, "Psychological ownership and feelings of possession: Three field studies predicting employee attitudes and organizational citizenship behavior", Journal of Organizational Behavior, Vol. 25, No. 4, pp. 439-459, 2004. https://doi.org/10.1002/job.249
  11. N. Chi, & T. Han, "Exploring the linkage between formal ownership and psychological ownership for the organization : The mediating role of organizational justice", Journal of Occupational and Organizational Psychology, Vol. 81, No. 4, pp. 691-711, 2008. https://doi.org/10.1348/096317907X262314
  12. E. C. Kaarsemaker & E. Poutsma, "The fit of employee ownership with other human resource management practices: Theoretical and empirical suggestions regarding the existence of an ownership high- performance work system", Economic and Industrial Democracy, Vol. 27, No. 4, pp. 669-685, 2006. https://doi.org/10.1177/0143831X06069009
  13. A. Ben-Ner, T. S. Han & D. C. Jones, "The productivity effects of employee participation in control and in economic returns: A review of empirical evidence. In U. Pagano & R. Rowthorn (Eds.)", Democracy and efficiency in economic enterprise, Vol. 34, No. 4, pp. 209-244, 1996.
  14. E. E. Lawler, S. A. Mohrman, & G. E. Ledford. "Employee involvement and total quality management. San Francisco, CA: Jossey-Bass, 1992.
  15. S. Aryee, P. S. Budhwar & Z. X. Chen, "Trust as a mediator of the relationship between organizational justice and work outcomes: Test of a social exchange model", Journal of Organizational Behavior, Vol. 23, No. 3, pp. 267-285, 2002. https://doi.org/10.1002/job.138
  16. R. Folger & R. Cropanzano, Organizational justice and human resource management. Thousand Oaks, CA: Sage, 1998.
  17. M. Olkkonen & J. Lipponen, "Relationships between organizational justice, identification with organization and work unit, and grouprelated outcomes," Organizational Behavior and Human Decision Processes, Vol. 100, No. 2, pp. 202-215, 2006. https://doi.org/10.1016/j.obhdp.2005.08.007
  18. R. Cronpanzano & M. L. Ambrose "Procedural and distributive justice are more similar than you think: A monistic perspective and a research agenda. In J. Greenberg & R. Cropanzano (Eds.)", Advances in organizational justice, pp. 119-151, 2001.
  19. R. Loi, H. Ngo, & S. Foley "Linking employees" justice perceptions to organizational commitment and intention to leave: The mediating role of perceived organizational support", Journal of Occupational and Organizational Psychology, Vol. 79, No. 1, pp. 101-120, 2006. https://doi.org/10.1348/096317905X39657
  20. L. A. Witt, K. M. Kacmar & M. C. Andrews "The interactive effects of procedural justice and exchange ideology on supervisor-rated commitment", Journal of Organizational Behavior, Vol. 22, No. 5, pp. 210-226, 2001.
  21. M. L. Ambrose & A. Arnaud "Are procedural justice and distributive justice conceptually distinct? In J. Greenberg & J. A. Colquitt (Eds.)", Handbook of organizational justice, pp. 59-84, 2005.
  22. N. Feather, "Judgments of deservingness: Studies in the psychology of justice and achievement. Personality and Social Psychology Review, Vol. 3, No. 2, pp. 86-107, 1999. https://doi.org/10.1207/s15327957pspr0302_1
  23. Y. Kim, "Impact of IS Employees' Interpersonal Conflict on Turnover Intention, Journal of the Korea Industrial Information System Society, Vol. 15, No. 4, pp. 71-81, 2009.
  24. M. A. Korsgaard, D. M. Schweiger & H. Sapienza, "Building commitment, attachment, and trust in strategic decision-making: The role of procedural justice", Academy of Management Journal, Vol. 38, No. 1, pp. 60-84, 1995. https://doi.org/10.2307/256728
  25. K. H. Price, J. L. Lavelle, A. B. Henley, F. K. Cocchiara & F. R. Buchanan, "Judging the fairness of voice-based participation across multiple and interrelated stages of decision making", Organizational Behavior and Human Decision Processes, Vol, 99, No. 2, pp. 212-226, 2006. https://doi.org/10.1016/j.obhdp.2005.10.005
  26. D. M. Rousseau & Z. Shperling, "Pieces of the action: Ownership and the changing employment relationship", Academy of Management Review, Vol. 28, No. 4, pp. 553-570, 2003.
  27. C. Ferrante & D. M. Rousseau, "Bringing open book management into the academic line of sight: Sharing the firm''s financial information with workers. In C. I. Cooper & D. M. Rousseau (Eds.)", Trends in Org. behavior, Vol. 8, No. 4, pp. 97-116, 2001.
  28. G. Pare, & M. Tremblay, "The influence of high-involvement human resources practice, procedural justice, organizational commitment, & citizenship behaviors on information technology professionals' turnover intentions", Group and Organization Management, Vol. 32, No. 3, pp. 326-357, 2007. https://doi.org/10.1177/1059601106286875
  29. J. M. Brett & S. B. Goldberg, "Mediator-advisors: A new third-party role. In M. Bazeman & R. Lewicki (Eds.)", Negotiating in organizations, pp. 165-176, 1983.
  30. J. Thibaut & L. Walker, Procedural justice: A psychological analysis. Hillsdale, NJ: Erlbaum., 1975.
  31. S. Aryee, Z. X. Chen & P. S. Budhwar, "Exchange fairness and employee performance: An examination of the relationship between organizational politics and procedural justice", Organizational Behavior and Human Decision Processes, Vol. 94, No. 1, pp. 1-14, 2004. https://doi.org/10.1016/j.obhdp.2004.03.002
  32. Q. M. Roberson, N. A. Moye & E. Locke, "Identifying a missing link between participation and satisfaction: The mediating role of procedural justice perceptions", Journal of Applied Psychology, Vol. 84, No. 4, pp. 585-593, 1999. https://doi.org/10.1037/0021-9010.84.4.585
  33. E. A. Lind & T. R. Tyler "The social psychology of procedural justice. New York: PlenumLocke, E. A., & Schweiger, D. M. (1979) Participation in decision-making: One more look", Research in Organizational Behavior, Vol. 32, No. 1, pp. 265-339, 1988.
  34. T. R. Tyler & S. L. Blader, "The group engagement model: Procedural justice, social identity, and cooperative behavior", Personality and Social Psychology Review, Vol. 7, No. 4, pp. 349-361, 2003. https://doi.org/10.1207/S15327957PSPR0704_07
  35. S. A. Zahra, "International expansion of US manufacturing family Business: the effect of ownership and involvement", Journal of Venturing, Vol. 18, No. 4, pp. 495-512, 2003. https://doi.org/10.1016/S0883-9026(03)00057-0
  36. S. A. Zahra, "Governance, ownership, and corporate entrepreneurship: the moderating impact of industry technological opportunities", Academy of Management Journal, Vol. 39, No. 6, pp. 1713-1735, 1996. https://doi.org/10.2307/257076
  37. S. A. Zahra, & J. A. Pearce,"Board of Directors and corporate financial performance: a review and integrative model", Journal of Management, Vol. 15, No. 2, pp. 291-334, 1989.
  38. H. S. James, "Owners as Manager, extended horizons in the family firm", Inter'l Journal of Economic Business, Vol. 6, No. 1, pp. 41-55, 1999. https://doi.org/10.1080/13571519984304
  39. J. C. Nunally & I. H. Bernstein, Psychometric Theory(3rd ed.). New York; McGraw-hill, 1994.
  40. N. W. VanYperen, "Informational support, equity and burnout: The moderating effect of self-efficacy", Journal of Occupational and Organizational Psychology, Vol. 71, No. 1, pp. 29-33, 1998. https://doi.org/10.1111/j.2044-8325.1998.tb00660.x
  41. J. H. Davies, F. Schoorman & L. Donaldson, "Toward a stewardship Theory of management", Academy of Management Review, Vol. 22, No. 1, pp. 20-47.