000 02218nam a22001937a 4500
003 laup
005 20250425150400.0
008 250425b ph ||||| |||| 00| 0 eng d
040 _aLAUP
_cLa Union Provincial Library
082 _aDIS 658.11 L97n 2022
100 _aLumpay, Maricel Due
245 _a"No Regrets" option, corporate governance, and behavior:
_ba mixed method study of stewardship governance in small and medium enterprises /
_cMaricel Due Lumpay
260 _aCity of San Fernando, La Union
_b[s.l.]
_c2022
300 _a189 pages :
_c28 centimeter;
520 _aFrom the lenses of owner-managers and their employees, the study identified two categorizations of stewardship governance, one that is structured and driven by legal compliance and an altruistic one founded in ethics. Stewardship governance is the goal that fills the gap for SMEs' commitment to 'no regrets" sustainability initiatives and inclusiveness. Using mixed-method approach , which a concurrent explanatory triangulation of a qualitative core and quantitative supplemental component of 14 SMEs, the study investigated owner-managers' views on stewardship governance, understanding the coexistence of governance influence on stewardship behavior and stewardship as underlying ethics of governance to facilitate "no regrets" sustainability initiatives. Results showed that stewardship governance, which is the integration of governance and behavior in firms, may influence and drive agent behavior to practice stewardship and act on "no regrets" initiatives an extra ordinary times such as natural disasters. Similarly, a steward behavior that practices agency governance may demonstrate stewardship actions through compliance with legal or mandated programs, given the firms' limited resources. Moreover, the study revealed that either agency or stewardship's governance does not guarantee positive financial performance. Instead, the behavior of the principal, either as agent or steward, drives the firm to better performance.
541 _aSt. Thomas Moore College, Angeles City, Pampanga
_cDonation
_dApril 22, 2025
650 _aBusiness Enterprises
942 _2ddc
_cTD
_h658.11
_iL97n
_kDIS
_m2022
999 _c15178
_d15178