A mounting device connects a rotary shaft to a rotatable machine element. The mounting device includes an inner sleeve for clamping onto the shaft and an outer sleeve for clamping onto the machine element. The inner and outer sleeves have cooperating tapered surfaces for tightening the mounting device. The cooperating tapered surfaces include striations. A nut connected with the inner and outer sleeves is rotatable to drive the inner sleeve relative to the outer sleeve in a first direction to tighten the inner sleeve onto the shaft and the outer sleeve onto the machine element.