1992
DOI: 10.5465/amr.1992.4279564
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Reconceptualizing the Determinants of Risk Behavior

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Cited by 1,253 publications
(605 citation statements)
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References 49 publications
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“…Nakatani (1984) and Khanna and Yafeh (2005), for example, found a negative relationship between variance of operating income on assets and keiretsu membership. However, in these studies, risk is often defined as the extent to which there is uncertainty about whether expected outcomes will be realized (Sitkin & Pablo, 1992). Underlying this definition is that risk can be measured as the gap between realized and targeted outcomes, which we call here the "outcome-aspiration gap".…”
Section: Dependent Variablesmentioning
confidence: 98%
“…Nakatani (1984) and Khanna and Yafeh (2005), for example, found a negative relationship between variance of operating income on assets and keiretsu membership. However, in these studies, risk is often defined as the extent to which there is uncertainty about whether expected outcomes will be realized (Sitkin & Pablo, 1992). Underlying this definition is that risk can be measured as the gap between realized and targeted outcomes, which we call here the "outcome-aspiration gap".…”
Section: Dependent Variablesmentioning
confidence: 98%
“…Industry-specific experience of employees is generally considered a substantial source for a firm's success, growth and survival [85,165]. Employees that are experienced with different industry-specific occurrences perceive less risk because they usually encounter familiar problems while working [136,166]. They bring in both explicit knowledge and tacit knowledge to solve challenges specific to the particular industry [167].…”
Section: Human Capitalmentioning
confidence: 99%
“…According to Landier, entrepreneurs fear social stigma if they do not achieve the expected business success. Other academics have also found this factor to be influential on entrepreneurial activity (Busenitz, Gomez, & Spencer, 2000;Brochaus, 1980;Herron & Sapienza, 1992;Sitkin & Pablo, 1992;Wennberg, Pathak, & Autio, 2013;Wyrwich, Stuetzer, & Sternberg, 2016).…”
Section: Fear Of Failurementioning
confidence: 97%