DescriptionThis study aims to examine a mechanism of shared capitalism operation at the individual level. Building on both psychology and economic literatures, this study argues that shared capitalistic practices influence employees’ feeling of ownership, which mediates the relationship between shared capitalism plans and employees’ attitudes of job satisfaction and organizational commitment. Further, building on strategic HR management perspective and time perspective, this study suggests that two groups of shared capitalism--short-term oriented shared capitalism and long-term oriented shared capitalism – influence employees’ psychological ownership and attitudes either additively or by substituting for each other. Empirical findings support that psychological ownership mediates the positive relationships between the two types of shared capitalism and employees’ attitudes. Also the current study indicates that there are additive effects of the two types of shared capitalism on employees’ psychological ownership, but there are substitutive effects on employees’ job satisfaction and organizational commitment. Further discussions and limitations are explained.