Beyond Ownership As Usual: The Implications of Steward-Ownership For Management Research

Luca Manelli, Simon Pek, Matthias Waldkirch, Heather Hachigian, Audrey Jamal, Steen Thomsen, Marya Besharov, Mark Hand, Blanche Segrestin (), Kevin Levillain () and Armand Hatchuel ()
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Blanche Segrestin: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
Kevin Levillain: CGS i3 - Centre de Gestion Scientifique i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique

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Abstract: 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.

Date: 2025-08-08
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Published in Journal of Management Inquiry, 2025, ⟨10.1177/10564926251357812⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05212881

DOI: 10.1177/10564926251357812

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