Toward a Contingency Model of Strategic Risk Taking
A model of strategic risk taking incorporating environmental, industrial, organizational, decision maker, and problem variables is presented. The model is intended to be both a preliminary conceptualization of strategic risk taking and a stimulant for future research on risk taking in strategic management decisions. Relevant research from a number of disciplines is summarized, and the potential impacts of particular variables on the propensity to take strategic risks are examined.
Corporate Finance | Strategic Management Policy
Strategy and Organisation
Academy of Management Review
Academy of Management
Baird, Inga Skromme and THOMAS, Howard.
Toward a Contingency Model of Strategic Risk Taking. (1985). Academy of Management Review. 10, (2), 230-243. Research Collection Lee Kong Chian School Of Business.
Available at: http://ink.library.smu.edu.sg/lkcsb_research/1864