Stewardship Theory
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Stewardship theory is a theory that
managers Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities o ...
, left on their own, will act as responsible stewards of the
assets In financial accountancy, financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value ...
they control. Stewardship theorists assume that given a choice between self-serving behavior and pro-organizational behavior, a steward will place higher value on cooperation than defection. Stewards are assumed to be collectivists, pro-organizational, and trustworthy. In American politics, an example of the stewardship theory is where a president practices a governing style based on belief, they have the duty to do whatever is necessary in national interest, unless prohibited by the
Constitution A constitution is the aggregate of fundamental principles or established precedents that constitute the legal basis of a polity, organisation or other type of Legal entity, entity and commonly determine how that entity is to be governed. When ...
. The Stewardship approach is often associated with
Theodore Roosevelt Theodore Roosevelt Jr. ( ; October 27, 1858 – January 6, 1919), often referred to as Teddy or by his initials, T. R., was an American politician, statesman, soldier, conservationist, naturalist, historian, and writer who served as the 26t ...
, who viewed the Presidency as a "
Bully pulpit A bully pulpit is a conspicuous position that provides an opportunity to speak out and be listened to. This term was neologism, coined by United States President Theodore Roosevelt, who referred to his office as a "bully pulpit", by which he mea ...
" of moral and political leadership.Constitutional Interpretation: Powers of Government, Volume 1
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Further reading

* Robinson, Randall L. ''The Stewardship Theory of the Presidency: Theodore Roosevelt's Political Theory of Republican Progressive Statemanship and the Foundation of the Modern Presidency'' (1997).


References

{{reflist Management