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Why Managers and Companies Take Risks

Name: Why Managers and Companies Take Risks
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 04334632
Price: 107.29 EUR
Availability: InStock
Author: Les
ISBN: 9783790816952

Les

Coleman

Language

English

Book Paperback

Libristo code: 04334632

Publishers Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, June 2006

The book answers a simple question: when managers and companies face a decision with two outcomes th... Full description

Libristo code: 04334632

263 b

107.29 € VAT included

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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.