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From Personal Relationship to Psychological Ownership: The Importance of Manager–Owner Relationship Closeness in Family Businesses

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  • Zhu, Hang
  • Chen, Chao C.
  • Li, Xinchun
  • Zhou, Yinghui

Abstract

Integrating theories of psychological ownership and stewardship, and taking a relational perspective, we examine key antecedents and outcomes of professional managers' psychological ownership in Chinese owner-managed family businesses. We tested the model using a survey of 166 Chinese professional managers (one from each of 166 family businesses). We find that owner–manager relationship closeness at work mediates the effect of both the owner's benevolent leadership and owner–manager friendship ties on the manager's psychological ownership. Psychological ownership, in turn, is positively related to the manager's intention to stay and to stewardship behaviour. Theoretical and practical implications are discussed.

Suggested Citation

  • Zhu, Hang & Chen, Chao C. & Li, Xinchun & Zhou, Yinghui, 2013. "From Personal Relationship to Psychological Ownership: The Importance of Manager–Owner Relationship Closeness in Family Businesses," Management and Organization Review, Cambridge University Press, vol. 9(2), pages 295-318, July.
    • Handle: RePEc:cup:maorev:v:9:y:2013:i:02:p:295-318_00
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    Cited by:

    1. Ramos, Hazel Melanie & Man, Thomas Wing Yan & Mustafa, Michael & Ng, Zuie Zuie, 2014. "Psychological ownership in small family firms: Family and non-family employees’ work attitudes and behaviours," Journal of Family Business Strategy, Elsevier, vol. 5(3), pages 300-311.
    2. Hongjuan Zhang & Rong Han & Liang Wang & Runhui Lin, 0. "Social capital in China: a systematic literature review," Asian Business & Management, Palgrave Macmillan, vol. 0, pages 1-46.
    3. Martin R.W. Hiebl & Zhen Li, 2020. "Non-family managers in family firms: review, integrative framework and future research agenda," Review of Managerial Science, Springer, vol. 14(4), pages 763-807, August.
    4. Potdar, Balkrushna & Guthrie, John & Gnoth, Juergen & Garry, Tony, 2018. "The role of psychological ownership in shoplifting prevention: An exploratory study," Journal of Retailing and Consumer Services, Elsevier, vol. 44(C), pages 253-265.
    5. Creemers, Sarah & Peeters, Ludo & Quiroz Castillo, Juan Luis & Vancauteren, Mark & Voordeckers, Wim, 2023. "Family firms and the labor productivity controversy: A distributional analysis of varying labor productivity gaps," Journal of Family Business Strategy, Elsevier, vol. 14(2).
    6. Bao Cheng & Yan Peng & Ahmed Shaalan & Marwa Tourky, 2023. "The Hidden Costs of Negative Workplace Gossip: Its Effect on Targets’ Behaviors, the Mediating Role of Guanxi Closeness, and the Moderating Effect of Need for Affiliation," Journal of Business Ethics, Springer, vol. 182(1), pages 287-302, January.
    7. Anand, Amitabh & Dalmasso, Audrey & Vessal, Saeedeh Rezaee & Parameswar, Nakul & Rajasekar, James & Dhal, Manoranjan, 2023. "The effect of job security, insecurity, and burnout on employee organizational commitment," Journal of Business Research, Elsevier, vol. 162(C).
    8. Hongjuan Zhang & Rong Han & Liang Wang & Runhui Lin, 2021. "Social capital in China: a systematic literature review," Asian Business & Management, Palgrave Macmillan, vol. 20(1), pages 32-77, February.
    9. Yongjun Kang & Jian Peng & Qi Nie, 2023. "Peer Reaction to Manager Stewardship Behavior: Crediting or Stigmatizing the Behavior?," Journal of Business Ethics, Springer, vol. 183(2), pages 453-474, March.
    10. Sora Lee & Jaewon Yoo, 2021. "What Makes Employees Behave Innovatively? Empirical Evidence from South Korea," Sustainability, MDPI, vol. 13(24), pages 1-17, December.

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