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The Managerial Preferences for Risk-Taking in a Business Environment

Author

Listed:
  • Durisic-Bojanovic Mirosava
  • Milojkovic Ana
  • Radulovic Rastko

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

Suggested Citation

  • Durisic-Bojanovic Mirosava & Milojkovic Ana & Radulovic Rastko, 2016. "The Managerial Preferences for Risk-Taking in a Business Environment," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(7), pages 1-15, July.
    • Handle: RePEc:hur:ijarbs:v:6:y:2016:i:7:p:1-15
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