Organizational Ownership Structure and Employee Perceptions

Organizations in the present day endure dynamic volatile environment in terms of socio-political-economic environment and a changing value system. Research evidences show that organization ownership is the fundamental structural characteristic that determines how organizations fine-tune their other structural characteristics such as hierarchies, division of labor and decision making in response to their environmental circumstances. Organizational structure in India can be classified in terms of ownership control as Government owned Public sector undertaking and Private owned firms and Entrepreneurial Ventures. Hence the present research work has tried to examine how psychological makeup of an employee in terms of commitment, perception of leadership effectiveness, organizational stress and personality dispositions differ in three above mentioned firms. The sample for the study (N=400) were workers in three production units namely textile mills Government Owned Textile mills, NTC Mills (n=129) and Private Owned Textile mills (n=135) and engineering production units (n=136) situated in Coimbatore industrial areas. A direct Discriminate function analysis was performed using the four psychological variables (with twenty six sub-constructs) as predictors of role of ownership control with three varied organizations. Two discriminate functions, labeled as “Excellence and Managerial” function, were arrived and the results and implications have been discussed.