Stewardship behaviour as governance in family businesses

Justin B Craig, Clay Dibrell, Donald O. Neubaum

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To demonstrate the potential of stewardship behavior in the governance of family businesses, we introduce a statistically valid and reliable measure that captures the degree to which family leaders act to engender stewardship governance in their family's firm. Demonstrating nomological validity of our measure through significantly positive relationships with innovativeness and firm performance further links our scale to entrepreneutrial behaviors. We discuss the contribution to our research for practitioners and scholars.
Original languageEnglish
Title of host publicationContemporary issues in corporate governance
EditorsJ. Farrar, S. Watson
Place of PublicationUniversity of Canterbury, Christchurch
PublisherThe Centre for Commercial & Corporate Law Inc
Number of pages20
ISBN (Print)0959800182
Publication statusPublished - 2011


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