Stewardship behaviour as governance in family businesses

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Book Chapter

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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 (277-296). Christchurch, New Zealand: The Centre for Commercial & Corporate Law Inc.

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2011 HERDC submission. FoR code: 150303

© Copyright University of Canterbury Christchurch New Zealand, 2011





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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This document has been peer reviewed.