Abstract
Extract:
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.
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 language | English |
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Title of host publication | Contemporary issues in corporate governance |
Editors | J. Farrar, S. Watson |
Place of Publication | University of Canterbury, Christchurch |
Publisher | The Centre for Commercial & Corporate Law Inc |
Pages | 277-296 |
Number of pages | 20 |
ISBN (Print) | 0959800182 |
Publication status | Published - 2011 |