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Three Essays On Strategic Risk Taking, Krista Burrill Lewellyn
Three Essays On Strategic Risk Taking, Krista Burrill Lewellyn
Theses and Dissertations in Business Administration
The three essays that comprise this dissertation collectively explore strategic risk taking. The dissertation is underpinned by the notion that corporate executives take strategic risks not randomly, but based on the expectation that outcomes are more likely to be positive rather than negative. Each essay examines how and why decision makers come to vary in their cognitive evaluation of the acceptability of strategic risk taking.
Essay 1 draws from the approach/inhibition theory of power, to explore how power not only provides the means for CEOs to exert their risk preferences, but actually affects what the risk preferences are. Power is …