Evolution of Stewardship Across Family and Business Goals: Toward a Stewardship Transition Framework
基于目标设定和管家理论，通过多案例研究识别出四种管家策略及其对应的治理结构，揭示了家族企业从家族中心向企业中心目标设定的转型过程，并提出了管家转型能力这一关键概念。
Drawing on goal-setting and stewardship theories, this study examines the management of family and business goals in family firms under transgenerational complexity, presenting a dynamic model of family stewardship. Through multiple case studies, we identify four distinct stewardship strategies, each with a corresponding governance structure: cultivating family stewardship (with family-dense governance), professionalizing family stewardship (with professionalized governance), harnessing external stewardship (with externally dense governance), and perpetuating external stewardship (with public companies’ governance). These strategies shift from family-centric to business-centric goal-setting approaches in sustaining the family firm. The study introduces stewardship transition capability as a missing cog for managing these transitions.