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Search results with tag "Stewardship theory"
A PRACTICAL PERSPECTIVE: STEWARDSHIP
www.imd.orgStewardship theory – on the other hand - suggests that managers will act as responsible stewards of the assets they control on behalf of the owners. The principal-agent problem is the following: how can owners ensure that managers promote …
Stewardship Theory or Agency Theory: CEO Governance and ...
faculty.wwu.edupension rights, then the individual executive may perceive their interest as aligned with that of the corporation and its owners, even in the absence of any shareholding by that executive. These theoretical considerations argue a view of managerial motivation alternative to agency theory and which may be termed stewardship theory