Beyond Ownership As Usual: The Implications of Steward-Ownership For Management Research
Steward-ownership is a novel conceptualization of ownership galvanizing attention from entrepreneurs, business owners, policymakers, and academics around the world. Two main principles distinguish it from traditional models of ownership: (1) decoupling control rights and economic rights and (2) asset lock, whereby company resources cannot be privatized by shareholders. This curated conversation among 11 interdisciplinary researchers unpacks the transformative potential of steward-ownership for management theory. Contributors discuss how our current knowledge of steward-ownership, along with what we can come to know through targeted future research, offers important insights for scholarship on purpose, entrepreneurship, corporate governance, impact investing, hybridity, and alternative forms of organizing.
Authors
- Simon Pek (ORCID: https://orcid.org/0000-0001-8166-6071)
- Marya Besharov (ORCID: https://orcid.org/0000-0003-4868-6251)
- Steen Thomsen (ORCID: https://orcid.org/0000-0002-3709-3883)
- Matthias Waldkirch (ORCID: https://orcid.org/0000-0003-4766-8094)
- Heather Hachigian (ORCID: https://orcid.org/0000-0002-8130-2654)
- Audrey Jamal
- Luca Manelli (ORCID: https://orcid.org/0000-0002-9305-2090)
- Kevin Levillain (ORCID: https://orcid.org/0000-0002-7793-3031)
- Armand Hatchuel (ORCID: https://orcid.org/0000-0003-1342-186X)
- Blanche Segrestin
- Mark C. Hand (ORCID: https://orcid.org/0000-0002-4340-7324)
Institutions
- Copenhagen Business School (DK)
- The University of Texas at Arlington (US)
- University of Victoria (CA)
- Université Paris Sciences et Lettres (FR)
- University of Oxford (GB)
- Royal Roads University (CA)
- University of Guelph (CA)
- EBS University of Business and Law (DE)
- Politecnico di Milano (IT)
Publication Details
- Journal
- Journal of Management Inquiry
- Published
- 2025-08-08
- DOI
- https://doi.org/10.1177/10564926251357812
- Citations
- 5
- Primary Topic
- Private Equity and Venture Capital
- Type
- article
- Field-Weighted Citation Impact
- 19.55
Funders
- Novo Nordisk Fonden