An Operationalisation of Managerial Risk-Taking and its Performance Implications in the Tunisian Context

被引：2

作者：

Belanes, Amel ^{[1
]}

Hachana, Rym ^{[2
]}

机构：

[1] Inst Super Gest Residence, Fiesta, Rym 1 Bloc P App 123 Cite Les Oasis, El Agba 00216989792, Algeria

[2] Inst Super Gest Residence, Fiesta, El Menzah 00216218630, Algeria

来源：

JOURNAL OF EMERGING MARKET FINANCE | 2009年 / 8卷 / 03期

关键词：

Managerial risk-taking; entrepreneurial orientation; performance Tunisian firms;

D O I：

10.1177/097265270900800303

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This article assesses managerial risk-taking and their performance in the Tunisian context. Drawing on a Tunisian sample of 46 listed companies during 1997-2006, our modelling offers a factor score of managerial risk-taking which takes into account both financial and strategic dimensions. We find that the Tunisian firms tend to be more conservative and risk-averse, which might lead to performance decline. Our analysis also highlights a non-linear relationship between managerial risk-taking and performance.

引用

页码：289 / 314

页数：26

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