Definition of Stewardship Theory
Stewardship theory gives a framework that people are happy to work for the organization's success. Stewardship theory argues that steward or company employees work for the shareholder's wealth maximization. They are delighted when they achieve the goals of the company. It argues that people are pro-organizational and collective minded rather than thinking about their individual goals. This theory gives stress to the employees to work more autonomously on their level to achieve organizational or societal goals.
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