Stewardship behaviour as governance in family businesses

Justin B Craig, Clay Dibrell, Donald O. Neubaum

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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.
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
Pages277-296
Number of pages20
ISBN (Print)0959800182
Publication statusPublished - 2011

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Stewardship
Governance
Family business
Firm performance
Innovativeness
Family firms

Cite this

Craig, J. B., Dibrell, C., & Neubaum, D. O. (2011). Stewardship behaviour as governance in family businesses. In J. Farrar, & S. Watson (Eds.), Contemporary issues in corporate governance (pp. 277-296). University of Canterbury, Christchurch: The Centre for Commercial & Corporate Law Inc.
Craig, Justin B ; Dibrell, Clay ; Neubaum, Donald O. / Stewardship behaviour as governance in family businesses. Contemporary issues in corporate governance. editor / J. Farrar ; S. Watson. University of Canterbury, Christchurch : The Centre for Commercial & Corporate Law Inc, 2011. pp. 277-296
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Craig, JB, Dibrell, C & Neubaum, DO 2011, Stewardship behaviour as governance in family businesses. in J Farrar & S Watson (eds), Contemporary issues in corporate governance. The Centre for Commercial & Corporate Law Inc, University of Canterbury, Christchurch, pp. 277-296.

Stewardship behaviour as governance in family businesses. / Craig, Justin B; Dibrell, Clay; Neubaum, Donald O.

Contemporary issues in corporate governance. ed. / J. Farrar; S. Watson. University of Canterbury, Christchurch : The Centre for Commercial & Corporate Law Inc, 2011. p. 277-296.

Research output: Chapter in Book/Report/Conference proceedingChapterResearchpeer-review

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AU - Dibrell, Clay

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AB - 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.

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BT - Contemporary issues in corporate governance

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PB - The Centre for Commercial & Corporate Law Inc

CY - University of Canterbury, Christchurch

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Craig JB, Dibrell C, Neubaum DO. Stewardship behaviour as governance in family businesses. In Farrar J, Watson S, editors, Contemporary issues in corporate governance. University of Canterbury, Christchurch: The Centre for Commercial & Corporate Law Inc. 2011. p. 277-296