Sources of Motivation to Choose Employee Ownership as An Alternative to Job Loss

Abstract

Survey data from 943 supermarket-chain employees facing a shutdown indicated that those inclined toward employee ownership held stronger entrepreneurial and collective attitudes than other employees, had higher incomes, and were more likely to have already been laid off. The results of discriminant analyses showed that, contrary to the findings of previous studies, entrepreneurial and collective attitudes were generally more important determinants of differences between employees choosing employee ownership and other employees than situational factors.