The Impacts of ESOP Satisfaction on Organizational Commitment and Turnover Intention─the Moderating Effect of Employee's Expectation of Stock Price

• Main Authors: Jin-Yuan Wu, 吳晉元
• Other Authors: Kun-Huang Yeh
• Format: Others
• Published: 2007
• Online Access: http://ndltd.ncl.edu.tw/handle/nszh8f

碩士 === 大同大學 === 事業經營學系(所) === 95 === How to attract and retain the employees is an important issue for the companies. Among many present systems of welfare, the ESOP has been introduced gradually by many companies in Taiwan, but the issues about the ESOP were much less research by academics. Therefore, this study tries to examine the impacts of ESOP satisfaction on organizational commitment and turnover intention. Besides, this study also examines whether the expectation of stock price has a moderating effect or not on the relationship between ESOP satisfaction and organizational commitment, and turnover intention. The subjects and this study are firms which implement the ESOP. The empirical data are collected by using questionnaire survey and are analyzed by regression method. The results indicate that: 1.ESOP satisfaction will have a positive impact on the employee's organizational commitment. 2.ESOP satisfaction will have a negative impact on the employee's turnover intention. 3.The impact of Employee' Expectation of stock price on the relationship between ESOP satisfaction and organizational commitment has no moderating effects. 4.The impact of Employee' Expectation of stock price on the relationship between ESOP satisfaction and turnover intention has no moderating effects. After literature review and empirical analysis this study examined the results, and brings up the following suggestions: 1. Focused on the employee's identification of the ESOP subsidies and the stock-owned forms. 2. Pay much attention to the employee's acceptance of ESOP implementation in related measures. 3. Increasing the employee identification with the enterprise's development in the future.