While the psychological contract variable of met expectation played a crucial role in
impacting the attitudes (intrinsic model), the extrinsic model of stock options did not
have any direct effect on attitudes due to non-significant effects of equity perceptions
on attitudes. However, we cannot rule out the extrinsic model totally since equity
perceptions impacted the psychological contract variable of met expectation which in
turn had significant effects on commitment and tenure intent. Perhaps, the existence of
extrinsic versus intrinsic models as separate models and the relationship between
extrinsic and intrinsic models needs to be reexamined in light of the results of our
study.