A Symphony of Agency and Stewardship Values Ensures Family Business Success

Idea posted: May 2015

Institutions: Indian School of Business   

Authors:

Both agency theory and stewardship theory help explain organizational dynamics, although starting from very different assumptions. Agency theory describes the relationship between the shareholders (called ‘principals’) and the company’s managers…

  READ MORE   PIN TO MY IDEAS Idea #518

Family Business in India: Meeting 21st Century Challenges

Idea posted: October 2013

Institutions: Indian School of Business   

Authors:

Family businesses are large contributors to the Indian economy, forming an integral part of Indian culture and society. They account for approximately 85% of business in the country, but have…

  READ MORE   PIN TO MY IDEAS Idea #235