Rövid leírás:
Offers tests designed to measure one’s willingness to take risks, describes characteristics associated with this quality, and discusses the importance of risk-taking in management and investment situations
Több
Hosszú leírás:
Donald Wherung and Kenneth R. Maccrimmon examine how the external factors of leaders lives effect their ability to manage and take risks.
Emphasizing the importance of a manager’s ability and willingness to take risks in their business decisions, Taking Risks reveals how age, education, income, industry, and firm size, among other factors, affect a manager’s drive to take risks.
“By far the most authoritative and comprehensive study of risk taking that I have ever seen. Must reading for business executives, social scientists, government officials, management scholars &&&8212; anyone who face real-world pressures of making decisions or seeks to understand the process behind them.” &&&8211; James S. Dyer, Foster Parker Centennial Professor of Management and Finance, University of Texas &&&8211; Austin
Business Fascinating…should appeal to all managers for whom risk is an integral part of business life.
Több
Tartalomjegyzék:
Contents
Preface
Acknowledgments
Part One: INTRODUCTION
Chapter 1 Essence of Risk
Introduction
Risky Situations
Risk Behavior
Risk Takers and Risk Averters
Preview of the Book
Chapter 2 Studying Risk
Introduction
Other Studies of Risk
Our Study of Risk
Part Two: RISK IN STANDARDIZED SITUATIONS
Chapter 3 Risk In-Basket: Adjusting Risky Business Situations
Introduction
Our Study
Research Findings
Conclusions
Chapter 4 Investment Gambles: Choosing in Risky Personal and Business Situations
Introduction
Our Study
Research Findings
Conclusions
Chapter 5 Risk-Return Rankings: Evaluating Risky Attributes of Personal Investments
Introduction
Our Study
Research Findings
Conclusions
Chapter 6 Real Money Wagers: Evaluating Gambles with Common Risk Components
Introduction
Our Study
Research Findings
Conclusions
Chapter 7 Managerial Summary and Implications: Studying Risk in Standardized Situations
Introduction
Risk Recognition and Evaluation
Risk Adjustment
Risky Choice
Part Three: RELATIONSHIPS AMONG RISK MEASURES
Chapter 8 Comparison of Risk Measures in Standardized Situations
Introduction
Measures of Risk Propersity
Research Findings
Conclusions
Chapter 9 Measuring Risk in Natural Situations and Attitudes
Introduction
Natural Situations
Attitudes
Natural Situations and Attitudes
Conclusions
Chapter 10 Characteristics Related to Risk
Introduction
Risk and Personal Characteristics
Risk and Financial Characteristics
Risk and Business Characteristics
Risk and Success
The Consistent Risk Averters and the Consistent Risk Takers
Conclusions
Chapter 11 Managerial Summary and Implications: Relationships among Risk Measures and Characteristics
Introduction
Risk Taking and Risk Averting
Characteristics Related to Risk
Part Four: ASSESSING YOUR OWN WILLINGNESS TO TAKE RISKS
Chapter 12 Assessing Your Own Willingness to Take Risks
Introduction
Comparing Your Willingness to Take Risks with the Risk-Neutral Responses
Comparing Your Willingness to Take Risks with the Managers in the Study
Uses of Risk Portfolios and Risk Profiles
Organizational Risk Profile for a Firm
Individual Risk Profiles
Summary
Appendix: Questionnaires in the Risk Portfolio
Notes
References
Index
