Abstract
This study tests the model of Davis, Schoorman, and Donaldson (1997) that proposed determinants of a company’s governance structure. In particular, we focus on the stewardship theory aspects of the model and its ability to predict the presence of a stewardship-orientation CEO at publicly listed U.S. companies. Using survey based data obtained from CEOs and directors of 100 companies in a match-pair design, we identified three variables that predicted the occurrence of stewardship-oriented behaviors by the company’s CEO. These results lend support for the model’s ability to predict the conditions under which stewardship-oriented individuals become CEOs.
Volume
3
Issue
1
First Page
40
Last Page
50
Rights
© Fort Hays State University
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Recommended Citation
Davis, James; Frankforter, Steven; Vollrath, David; and Hill, Vanessa
(2007)
"An Empirical Test of Stewardship Theory,"
Journal of Business & Leadership: Research, Practice, and Teaching (2005-2012): Vol. 3:
No.
1, Article 6.
DOI: 10.58809/MESC2666
Available at:
https://scholars.fhsu.edu/jbl/vol3/iss1/6
Comments
For questions contact ScholarsRepository@fhsu.edu