Toward a Contingency Model of Strategic Risk Taking

Citation
Baird, Inga Skromme et Thomas, Howard, Toward a Contingency Model of Strategic Risk Taking, Academy of Management review , 10(2), 1985, pp. 230-243
ISSN journal
03637425
Volume
10
Issue
2
Year of publication
1985
Pages
230 - 243
Database
ACNP
SICI code
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.