Toward a Contingency Model of Strategic Risk Taking
Academy of Management ReviewPublished 1 April 1985
Inga S. Baird, Howard Thomas
Citations574
SJR quartileQ1
SJR score14.40
SNIP6.11
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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.
Keywords
Decision SciencesBusiness, Management and Accounting
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