Risk-taking Propensity, Managerial Network Ties and Firm Performance in an Emerging Economy

Albert Danso, Samuel Adomako, John Ofori Damoah and Moshfique Uddin

Journal of Entrepreneurship and Innovation in Emerging Economies, 2016, vol. 25, issue 2, 155-183

Abstract: The objective of the study was to examine the effect of entrepreneurs’ risk-taking propensity on firm performance and the moderating role of managerial network ties on this relationship in a sub-Saharan economy. This theoretically derived research model is empirically validated using survey data from 298 small and medium-sized enterprises (SMEs) in Ghana. The study’s empirical findings are that high levels of entrepreneurs’ risk-taking propensity enhance firm performance. This relationship is amplified when entrepreneurs cultivate stronger business, political and community network ties.

Keywords: risk-taking propensity; managerial network ties; firm performance; Ghana; emerging economy (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:jouent:v:25:y:2016:i:2:p:155-183

DOI: 10.1177/0971355716650367

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