CEO positive framing and employee participation in esops

Jiangyan Li, Marie Dasborough

Research output: Contribution to conferencePaperpeer-review

Abstract

This study investigates the influence of CEO positive framing in public speeches on employee participation in ESOPs. CEO positive framing can increase employee ownership when employees internalize CEOs' positive beliefs about firms' accomplishments and prospects, but can also decrease employee ownership when employees question the credibility of CEOs' positive framing. Using a sample of 3,144 U.S. listed firms from 2002 to 2013, we find that CEO positive framing increases employee participation in ESOPs. In addition, CEOs' internal attributions (“who”) in public speeches weaken the effectiveness of their positive framing on employee participation in ESOPs, while CEOs' language concreteness (“how”) and CEOs' present focus (“when”) strengthen the effectiveness.

Original languageEnglish (US)
DOIs
StatePublished - 2020
Externally publishedYes
Event80th Annual Meeting of the Academy of Management 2020: Understanding the Inclusive Organization, AoM 2020 - Virtual, Online
Duration: Aug 7 2020Aug 11 2020

Conference

Conference80th Annual Meeting of the Academy of Management 2020: Understanding the Inclusive Organization, AoM 2020
CityVirtual, Online
Period8/7/208/11/20

ASJC Scopus subject areas

  • Management Information Systems
  • Management of Technology and Innovation
  • Industrial relations

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