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| Impacts of Recognition of Stock as Medium on Employees’ Job Satisfaction:
A Study of Psychological Empowerment as Mediator |
| ZHENG Xingshan,ZHEN Shanshan,TANG Ningyu |
| Shanghai Jiao Tong University,Shanghai,China |
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Abstract This paper distinguishes employees’ different perceptions of stock as either a medium or decision power (medium/decision power perception of stock) and attempts to explore the possible relationship between employees’ perceptions of stock and attitude outcomes, especially the role of psychological empowerment between the relationship of medium perception of stock and job satisfaction based. Correlation analysis and linear regression reveal employees’ medium perception of stock is a predictor of both psychological empowerment and job satisfaction. Psychological empowerment mediates the relationship between employees ’medium perception of stock and job satisfaction. Implications of this paper can help us better understand the relationship between employees’ stockholding and their work behaviors and attitudes.
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Received: 09 June 2011
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2013, Vol. 10 
