Stewardship as process: a paradox perspective

Cunha, Miguel Pina e; Rego, Arménio; Clegg, Stewart; Jarvis, Walter P.

http://hdl.handle.net/10400.14/31673

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Long-term stewardship is usually represented as a stable structural condition and portrayed as a source of competitive advantage to firms (including family businesses) that use it as a mode of governance. Less is known about how organizations engage with stewardship as a process. We embrace a process approach to report a case study about the unfolding of stewardship in a multi-business family group. We conclude that stewardship is a process marked by critical tensions and paradoxes; by exploring the nature of these we uncover further dimensions and responses to the paradoxes of stewardship.