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Experienced executives frequently try to modify the risky situations they face in order to make them more favorable rather than simply choosing from among available decision options. This article investigates several types of risk adjustments such as trying to influence the situation through bargaining and spending resources, gathering information, developing new options, and consulting one's superiors. A theoretical framework is presented that characterizes different types of adjustments and relates them to variables such as perceived rise perceived control, perceived responsibility, decisiveness, and risky choice. The framework is tested using experienced decision makers who respond to four simulated risky business decisions.

States that, although it differs from that practised in the West, moral consideration is a key factor in making strategic moves for business people in Chinese society. Substantiates this claim based on evidence from business history in China, overseas Chinese business practice and Chinese experiences today. Then, deliberates on the management implications of this phenomenon for people who want to do business with Chinese and in China.

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