 Strategic risk behaviour and its temporalities: between risk propensity and decision contextT. K. Das and Bing‐Sheng Teng Journal of Management Studies, 2001, vol. 38, issue 4, 515-534 Abstract: What are the determinants of strategic risk behaviour? Are they the dispositional characteristics of decision makers or the situational constraints? Or both? The empirical evidence is on all sides. We believe the issue has not been satisfactorily resolved so far because of the continued neglect of the fundamental role of time in risk behaviour. Given that risk is embedded in time, we need to recognize two critical aspects of the temporal dimension. The first is concerned with risk horizons, as in short‐range and long‐range risk horizons. The second temporal aspect relates to individual future orientations of the top managers, as in near‐future and distant‐future orientations. We propose in this article a temporal framework of strategic risk behaviour in which the two temporalities are integrated with risk propensity and perceived decision context. We then develop, based on this temporal framework, the contingent answers for the relative roles of dispositional characteristics and situational constraints in determining strategic risk behaviour. Date: 2001 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bla:jomstd:v:38:y:2001:i:4:p:515-534 Ordering information: This journal article can be ordered from Access Statistics for this article Journal of Management Studies is currently edited by Timothy Clark, Steven W. Floyd and Mike Wright More articles in Journal of Management Studies from Wiley Blackwell |
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