The Managerial Preferences for Risk-Taking in a Business Environment

Durisic-Bojanovic Mirosava, Milojkovic Ana and Radulovic Rastko

International Journal of Academic Research in Business and Social Sciences, 2016, vol. 6, issue 7, 1–15

Abstract: The goal of this research was to determine the relative contribution of an individual’s personality traits and motives and their interactions with a person’s willingness to take risks in a business environment. The test sample was made up of managers from different hierarchical positions with varied work experiences (N = 172; 55% male). For this research Hogan’s battery tests were chosen.The results of the regression analysis suggest that personality traits and motives are important predictors for willingness to take risks. The individual personality traits that stand out are prudence (ß= -.32, p

Keywords: Willingness to take risk; managers; personality traits; motivation value preferences; Hogan’s battery tests (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:hur:ijarbs:v:6:y:2016:i:7:p:1-15

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