Ethical Stewardship – Implications for Leadership and Trust

Journal of Business Ethics 78 (1-2):153-164 (2008)
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Abstract

Great leaders are ethical stewards who generate high levels of commitment from followers. In this paper, we propose that perceptions about the trustworthiness of leader behaviors enable those leaders to be perceived as ethical stewards. We define ethical stewardship as the honoring of duties owed to employees, stakeholders, and society in the pursuit of long-term wealth creation. Our model of relationship between leadership behaviors, perceptions of trustworthiness, and the nature of ethical stewardship reinforces the importance of ethical governance in dealing with employees and in creating organizational systems that are congruent with espoused organizational values.

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Cam Caldwell
Dixie College

References found in this work

Business & society: ethics and stakeholder management.Archie B. Carroll - 2002 - Cincinnati, Ohio: South-Western College Pub./Thomson Learning. Edited by Ann K. Buchholtz.
The ethics of management.LaRue Tone Hosmer - 1987 - Homewood, Ill.: Irwin.
A role for business ethics in facilitating trustworthiness.N. F. Bews & G. J. Rossouw - 2002 - Journal of Business Ethics 39 (4):377 - 390.

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