Employees' attitudes toward company privatization as possible predictors of a highperformance work system
Keywords:
Transition economy, privatization, human resources management (HRM), attitudes, high performance working system (HPWS), prediction.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).
