Effects of privatization on organizational effectiveness

Scientific Study from the year 2016 in the subject Psychology - Work Business Organisational and Economic Psychology grade: - course: PSYCHOLOGY language: English abstract: The study tested Effects of Privatization on Organizational Effectiveness using 7 null hypotheses at P<.05. Cluster sampling of 372 participants from the Utility industry of 73526 population were used. Fully privately-owned commercialized and fully State-owned organizations were studied using Organizational Effectiveness Inventory and Organizational Effectiveness Model Inventory that measured organizational effectiveness and efficiency of the models of pursuing organizational effectiveness respectively. They attained interval scale on 5-points rating. The Organizational Effectiveness Inventory validations were concurrent Cosine Absolute Proximity .96; convergent Rescale Cosine Proximity .63; Image Factoring Extraction 1.137 of Oblimin with Kaiser Normalization Rotation Method .482. The Parallel Model Reliability for Reliability of Scale was .97 and Unbiased Reliability of Scale was .97. The Guttman-Lambda Model Reliability had strongly agree .96 agree .99 may be .97 disagree .98 and strongly disagree .96. The Organizational Effectiveness Model Inventory had convergent .89 and discriminant .31 validations; with test-retest .73 alternate-form .94 Cronbach Alpha .96 and split-half .78 reliabilities. There were randomization quality control and statistical control measures; as well as 3x4-control-group survey design and multivariate analyses. Privatization affects organizational effectiveness and models of organizational effectiveness. Sensitivity to organizations' environment could have caused the outcomes. More psychological studies are needed on organizational effectiveness paradigms of privatization.