Review article

INSTITUTIONALIZATION OF STEWARDSHIP IN CONTEMPORARY ORGANIZATIONS

Najla Podrug ; Faculty of Economics and Business Zagreb, Croatia
Marija Šutalo

Abstract

Stewardship, concept developed within stewardship theory, is defined as managerial commitment towards collective welfare in the way that long-term interests of organization are priority in his/her behaviour, and not his/her personal goals and interests neither goals nor interests of other individuals and groups. The aim of this paper is to define a set of principles and activities for implementation of stewardship behaviour so that sense of personal ownership and responsibility is strongly present within the entire organization, consequently resulting with long-term profitable growth. The attributes of organizational model are identified from stewardship theory perspective in comparison to the traditional model and the role of manager-steward in implementation of stewardship principles is apostrophised.

Keywords

stewardship theory; managerial stewardship; stewardship model; traditional model; principles' implementation

Hrčak ID:

75570

URI

https://hrcak.srce.hr/75570

Publication date:

30.12.2011.

Article data in other languages: croatian

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