Why Managers and Companies Take Risks [electronic resource] / by Les Coleman.

By: Coleman, Les [author.]Contributor(s): SpringerLink (Online service)Material type: TextTextSeries: Contributions to Management SciencePublisher: Heidelberg : Physica-Verlag HD, 2006Description: X, 349 p. 24 illus. online resourceContent type: text Media type: computer Carrier type: online resourceISBN: 9783790816969Subject(s): Business | Management science | Finance | Business and Management | Business and Management, general | Finance, generalAdditional physical formats: Printed edition:: No titleDDC classification: 650 LOC classification: HF4999.2-6182HD28-70Online resources: Click here to access online
Contents:
Theory of Risk and Decision Making in Management -- Behavioural Evidence on Risk and Decision Making -- Real-World Decision Making Under Risk -- Risk-Taking and Organisation Performance -- Published Models of Decision Making Under Risk -- Why Managers Take Risks -- How Companies Control Risks -- Summary and Discussion -- Risk Budget Theory -- Conclusions.
In: Springer eBooksSummary: The book answers a simple question: when managers and companies face a decision with two outcomes that are safe and risky, what leads them to choose the risky alternative? The answer starts with a detailed review of the theory behind risk and decision making by managers. The book then gathers real-world evidence using two surveys of senior managers and directors to analyse why they take risks, and how companies control risks. Integrating theory and evidence the book develops a model of risk taking that draws from academic thinking across multiple disciplines and the actual practice of experienced managers. The last section of the book discusses how managers can apply its findings to dialling up the required level of risk inside their firm.
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)
Holdings
Item type Current library Call number Status Date due Barcode
e-Books e-Books Bangalore University Library
Available BUSP004849

Theory of Risk and Decision Making in Management -- Behavioural Evidence on Risk and Decision Making -- Real-World Decision Making Under Risk -- Risk-Taking and Organisation Performance -- Published Models of Decision Making Under Risk -- Why Managers Take Risks -- How Companies Control Risks -- Summary and Discussion -- Risk Budget Theory -- Conclusions.

The book answers a simple question: when managers and companies face a decision with two outcomes that are safe and risky, what leads them to choose the risky alternative? The answer starts with a detailed review of the theory behind risk and decision making by managers. The book then gathers real-world evidence using two surveys of senior managers and directors to analyse why they take risks, and how companies control risks. Integrating theory and evidence the book develops a model of risk taking that draws from academic thinking across multiple disciplines and the actual practice of experienced managers. The last section of the book discusses how managers can apply its findings to dialling up the required level of risk inside their firm.

There are no comments on this title.

to post a comment.

Powered by Koha