According to the Stewardship Theory of Corporate Governance, which of the following statements are relevant
A. Governance approach is sociological and psychological
B. Behavior pattern is trustworthy
C. The role of management is to monitor and control
D. Owners attitude is to take risk
E. Interests of the managers and principals converge
Choose the most appropriate answer from the options given below:

Correct option is B

The stewardship theory of corporate governance is a model that suggests that corporate leaders should act as responsible stewards of their companies, with the goal of ensuring long-term growth and sustainability. Interests of the manager and shareholders are converged and the attitude of the shareholders is to take risks.
This theory emphasizes the importance of trust, loyalty, and a shared sense of purpose between managers and shareholders, and suggests that managers should act in the best interests of the company as a whole, rather than prioritizing their self-interest. Governance is based on the sociological approach rather than on psychological.
Hence, options (A), (B), (D) and (E) are correct.