Toward a Contingency Model of Strategic Risk Taking
- 1 April 1985
- journal article
- Published by Academy of Management in Academy of Management Review
- Vol. 10 (2) , 230-243
- https://doi.org/10.5465/amr.1985.4278108
Abstract
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.Keywords
This publication has 38 references indexed in Scilit:
- Modern Financial Theory, Corporate Strategy and Public Policy: Three ConundrumsAcademy of Management Review, 1983
- Risk Considerations in Modeling Corporate Strategy.Academy of Management Proceedings, 1982
- Risk Reduction as a Managerial Motive for Conglomerate MergersThe Bell Journal of Economics, 1981
- How American Executives Disagree about the Risks of Investing in Eastern Europe.The Academy of Management Journal, 1979
- A Contingency Model for the Selection of Decision StrategiesAcademy of Management Review, 1978
- PIMS: A ReexaminationAcademy of Management Review, 1978
- Organizational Structure and Economic Performance: A Test of the Multidivisional HypothesisThe Bell Journal of Economics, 1978
- From Entry Barriers to Mobility Barriers: Conjectural Decisions and Contrived Deterrence to New Competition*The Quarterly Journal of Economics, 1977
- The Behavioral Theory of the Firm and Top-Level Corporate DecisionsAdministrative Science Quarterly, 1971
- Risk Propensity in Decision Marking: A Comparison of Business and Public School AdministratorsAdministrative Science Quarterly, 1970