Philippine E-Journals

Psychological Ownership as a Predictor of Organizational Commitment among Non-Family Personnel in a Family-Owned School

Ana Maria Concepcion R. Juarez-Macatangay

Discipline: Psychology, Business

 

Abstract:

Family businesses continue to dominate industries worldwide with two of every three organizations being family-owned and managed (Gersick et al., 1997 in Barnett and Kellermans, 2006:837). In the Philippines, it is estimated that at least 80 percent of all businesses are family owned (Johnston, 2004:1). This phenomenon extends to educational institutions in the country where majority of the private schools, if not managed by a religious group, are family-owned. While scarce, studies on family-owned educational institutions are crucial because on top of concerns all schools face, those that are family-owned are affected by a myriad other unique issues.