Managerial Risk-Taking: An Empirical Study

Kamalanabhan, T. J., Sunder, D. L., Social Behavior and Personality: an international journal

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 risktaking 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 …

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Publication information: Article title: Managerial Risk-Taking: An Empirical Study. Contributors: Kamalanabhan, T. J. - Author, Sunder, D. L. - Author. Journal title: Social Behavior and Personality: an international journal. Volume: 27. Issue: 4 Publication date: January 1, 1999. Page number: 421+. © 2009 Scientific Journal Publishers, Ltd. Provided by ProQuest LLC. All Rights Reserved.

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