Publications

Authors:

Ceschi, Andrea; Dusi, Matilde; Ferrara, Michela; Tommasi, Francesco; Sartori, Riccardo

Title:

Individual differences in risk attitude among managers: a multilevel approach

Year:

2024

Type of item:

Articolo in Rivista

Tipologia ANVUR:

Articolo su rivista

Language:

Inglese

Format:

A Stampa

Referee:

No

Name of journal:

INTERNATIONAL JOURNAL OF ORGANIZATIONAL ANALYSIS

ISSN of journal:

1934-8835

Page numbers:

1-17

Keyword:

Managerial decision-making, Risk-taking, Risk attitude, DOSPERT, Domain-specific risk-taking, Managers

Short description of contents:

Purpose – The way in which managers differ when confronted with risky options or when evaluating different alternatives constitutes a fundamental part of organizational risk management. This study aims to investigate how managerial risk-taking attitudes (i.e. ethical and financial risk-taking as a trade-off between benefit and riskiness) change over time and based on gender. Design/methodology/approach – The authors conducted a cross-sectional study on a sample of Italian executives and measured their perceptions of risk-taking, risk perception and risk-benefit, all referring to the company they worked for in the ethical and financial domain. The study also collected demographic data to gather information on age and gender. The authors analyzed data collected using multilevel analysis. Findings – The results show that perceived benefits are the main drivers of risk-taking attitudes in both domains. Age and gender are not significant direct predictors of risk, but interactions with domains reveal insightful patterns. Originality/value – Overall, this study highlights the need to assess the whole pattern of relationships emerging from the range of situational variables characterizing a specific population. Concerning the organizational context, it means addressing the role of organizational variables in influencing risk-taking so as to determine the extent to which organizational policies are indeed effective in fostering efficient organizational risk management.

Product ID:

140706

Handle IRIS:

11562/1132666

Last Modified:

August 2, 2024

Bibliographic citation:

Ceschi, Andrea; Dusi, Matilde; Ferrara, Michela; Tommasi, Francesco; Sartori, Riccardo, Individual differences in risk attitude among managers: a multilevel approach «INTERNATIONAL JOURNAL OF ORGANIZATIONAL ANALYSIS» , 2024 , pp. 1-17

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