Odisha Journal Of Social Science - V6-IS2

This paper attempts to provide an overview of the major literature which has developed in the area of stewardship theory and corporate governance. The paper describe as characterizing the modern corporation and how managers and shareholders may act to control the costs to maximize firm value. The main contribution of this paper is to summarize previous research and the outcomes is important to scholars who are interested in studying corporate governance and it provides a thorough explanation of the relationship between corporate governance and stewardship theory.

Keywords: Corporate Governance, stewardship theory, agency theory, stakeholder theory

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