Article Abstract:
Individual differences and other contextual factors have been shown to influence the risk-taking behavior of managers, as suggested by a survey conducted on business administration students with masteral degree. Managers whose goals are motivated by aspirational reference points tend to prefer projects involving more risks, while those who are closely associated with survival points are likely to perform lesser risk-taking jobs. The availability of financial resources allocated for a particular projects has also been shown to create a significant effect on the risk-taking behavior of managers.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
The various factors that influence the risk of new venture and the decision making of the entrepreneur are analyzed. Source of funding, entrepreneur skills, entrepreneur's perception of risk and risk propensities are the factors considered.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Issues are presented concerning the evaluation of risk, the perception of risk and the willingness of entrepreneurs to make hazardous choices in the pursuit of potentially significant financial gains.
User Contributions:
Comment about this article or add new information about this topic: