Handbook of Management Scales/Firm risk preference
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Firm risk preference (CR = 0.70)[edit | edit source]
Description[edit | edit source]
The scale was based on Venkatraman (1989).
Definition[edit | edit source]
In the article, firm risk preference refers to a firm's propensity for risk taking.
Items[edit | edit source]
Items were rated on a scale ranging from 1, "strongly disagree", to 7, "strongly agree".
- We seem to adopt a rather conservative view when making major decisions.
- We have a tendency to support projects where the expected returns are certain.
- Operations have generally followed the "tried and true" paths.
- Our operations can be generally characterized as high risk. (R)
Source[edit | edit source]
- Steensma & Corley (2001): Organizational Context as a Moderator of Theories on Firm Boundaries for Technology Sourcing. Academy of Management Journal, Vol. 44, No. 2, pp. 271-291.