Title: The CEO autonomy - stewardship behavior relationship in family firms: The mediating role of psychological ownership
Authors: Henssen, Bart
Voordecker, Wim
Lambrechts, Frank
Koiranen, Matti
Issue Date: 27-Jun-2013
Host Document: Proceedings of the 13th European Academy of Management (EURAM) Annual Conference
Conference: European Academy of Management (EURAM) Annual Conference edition:13 location:Istanbul, Turkey date:26-29 june 2013
Abstract: The present study investigates the family business CEOs’ autonomy as a new antecedent of CEO stewardship behavior. Building on psychological ownership theory, we argue that the autonomy-stewardship relationship is mediated by psychological ownership. In contrast to prior studies, we differentiate between individual-oriented and collective-oriented psychological ownership as two distinct dimensions of individual psychological ownership. Our results reveal that CEO autonomy is an important determinant of stewardship behavior but that this relationship is only mediated by individual-oriented psychological ownership. Moreover, both individual-oriented and collective-oriented psychological ownership are found to be antecedents of CEO stewardship behavior.
Publication status: published
KU Leuven publication type: IMa-p
Appears in Collections:Field of Study Commercial Sciences and Management Odisee

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