The Impacts of ESOP Satisfaction - Organizational Commitment,Turnover Intention and the Moderating Effect of Employee s Expectation of Stock Price

How to attract and retain the employees is an important issue for the companies. Among many present systems of welfare, the ESOP has been introduced gradually by many companies in Taiwan, but the issues about the ESOP were much less research by academics. Therefore, this study tries to examine the impacts of ESOP satisfaction on organizational commitment and turnover intention. Besides, this study also examines whether the expectation of stock price has a moderating effect or not on the relationship between ESOP satisfaction and organizational commitment, and turnover intention.The subjects and this study are firms which implement the ESOP. The empirical data are collected by using questionnaire survey and are analyzed by regression method.After literature review and empirical analysis this study examined the results, and brings up the following suggestions: 1. Focused on the employee s identification of the ESOP subsidies and the stock-owned forms. 2. Pay much attention to the employee s acceptance of ESOP implementation in related measures. 3. Increasing the employee identification with the enterprise s development in the future