Company Management Approaches — Stewardship or Agency: Which Promotes Better Security in Cloud Ecosystems?

Abstract:

Historically, companies have been managed under the principles of agency theory. There is evidence to suggest that the complexity of modern computing systems, and in particular cloud computing systems, has become so convoluted that the principles of agency theory can no longer cope. We suggest that the adoption of stewardship theory for cloud security can present a possible credible alternative that can deliver much better results for the security of all cloud users, particularly in the long run.