Taiwanese electric industry with liberalization has been a rapid change in the management style and the working environment. The change of the working environment has made a notable impact on the working conditions and the job security of the employees. This paper presents a brief literature review of the influences of liberalization and privatization on workers attitudes and proposes six overarching factors of importance to workers. These factors are: (1) the safeguarding of workers’ rights and interests (2) compensation of potential loss (3) communication (4) leadership trusts and employee consultation (5) participation of employees and the labor union (6) encouragement to learn and to cultivate a second specialty. These factors are developed as a framework which could serve to help decision-makers and leaders with useful strategies in the privatization process.
Cho, Ming-Yuan; Chen, Jung-chin; and Hwang, Jong-ching, "The Impacts of Liberalization and Privatization in Taiwanese Electric Industry" (2005). ICEB 2005 Proceedings (Hong Kong, SAR China). 133.