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Why Managers and Companies Take Risks 2006 Edition
Contributor(s): Coleman, Les (Author)
ISBN: 3790816957     ISBN-13: 9783790816952
Publisher: Physica-Verlag
OUR PRICE:   $104.49  
Product Type: Paperback - Other Formats
Published: June 2006
Qty:
Annotation: 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.
Additional Information
BISAC Categories:
- Business & Economics | Management - General
- Business & Economics | Finance - General
- Business & Economics | Economics - General
Dewey: 330
Series: Contributions to Management Science
Physical Information: 0.75" H x 6.14" W x 9.21" (1.11 lbs) 349 pages
 
Descriptions, Reviews, Etc.
Publisher Description:

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 analyze why they take risks, and how companies control risks.