- مبلغ: ۸۶,۰۰۰ تومان
- مبلغ: ۹۱,۰۰۰ تومان
American businesses and corporate executives are faced with a serious problem: the loss of pubHc confidence. PubHc criticism, increased govern ment controls, and growing expectations for improved financial performance and accountabiHty have accom panied this decline in trust. Traditional approaches to corporate governance, typified by agency theory and stakeholder theory, have been expensive to direct and have focused on short-term profits and organizational systems that fa? to achieve desired results. We explain why the organizational governance theories are funda mentally, inadequate to bu?d trust. We advance a conceptual framework based on stewardship theory characterized by "covenantal relationships" and argue that design of governance mechanisms using a cove nantal approach is more effective in bu?ding trust in organizations. A covenantal relationship is a speciaHzed form of a relational contract between an employee and his or her organization.