Managerial risk-taking: An empirical study

Kamalanabhan, T.J. and Sunder, D. (1999) Managerial risk-taking: An empirical study. Social Behavior & Personality: An International Journal, 27 (4). pp. 421-429. ISSN 0301-2212

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Abstract

It is generally believed that managers are more risk-taking than others. However research has shown managers to be both risk-averse and risk-seeking, depending on the target performance or reference points. The present study is an attempt to see if managers differ from others in risk-taking propensity. Managers, non-managerial employees and MBA students from different organisations in Madras were administered the CDQ and modified Risk-in-Basket. Results of ANOVA and Chi-square analysis show that managers, potential managers (M.B.A. students), and non-managerial employees do not differ significantly in risk-taking as measured by the instruments used. The study concludes on the note that managers may be attributed higher risk-taking due to their ability and that what is really expected from our managers is successful risk-taking, rather than more risk-taking.

Item Type: Article
Divisions: Faculty of Management (FOM)
Depositing User: Ms Nurul Iqtiani Ahmad
Date Deposited: 23 Oct 2013 01:43
Last Modified: 25 Oct 2013 04:27
URI: http://shdl.mmu.edu.my/id/eprint/4161

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