ISSN 2736-1721
Global Journal of Business Management ISSN 6731-4538 Vol. 12 (4), pp. 001-010, April, 2018. © International Scholars Journals
Full Length Research Paper
Employees' attitudes toward company privatization as possible predictors of a high-performance work system
M. Pečujlija1, R. Bojanić1, ð. Ćosić1, S. Radišić1, G. Ivanović2 and Z. Delić3
1Faculty of Technical Sciences, Novi Sad, Serbia.
2Insurance Company DDOR, Novi Sad, Serbia.
3Public Service Informatika, Novi Sad, Serbia.
Accepted 20 July, 2017
Abstract
Factorial structure of employees' attitude towards enterprise privatization has been identified in the present privatization procedure of one of the largest Serbian insurance company. It is established that the most important issue is the present enterprise climate as a result of privatization. On the other hand, the research has identified a direct relation between the employees' attitudes and economic efficiency of the company evaluated through business operations economic indicators. According to the research, there is a direct relation between positive employee attitude towards the change of ownership and relevant economic indicators of company's business operations. Generally, with the employees' positive attitude towards the change in ownership structure in the Serbian economy, this will result in more efficient business operations (HPWS).
Key words: Transition economy, privatization, human resources management (HRM), attitudes, high performance working system (HPWS), prediction.