IDEAS home Printed from https://ideas.repec.org/a/eph/journl/v7y2012i1n7.html
   My bibliography  Save this article

How does the risk preference impact the need for achievement in business contexts

Author

Listed:
  • Carmen PĂUNESCU

    (Academy of Economic Studies, Bucharest, Romania)

  • Ramona CANTARAGIU

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

This paper presents a descriptive, quantitative study devised in order to test hypothesis related to psychological traits of Romanian entrepreneurs and middle and top managers. The purpose of the present study is to describe the theoretical model proposed for the relationship between risk-taking and need for achievement in a business context and to test it against data gathered from Romanian business people. The sample consisted of 137 Romanian business people with managerial experience, who met at least one of the following sampling criteria: (1) founder or current owner of a Romanian company, (2) currently employed in a top management position, (3) currently employed on a position with managerial status. For testing the relation between variables we have used an independent sample test. The findings of the study reveal that it is very fruitful to consider the inclination towards risk taking as a determinant of the need for achievement, whereas most researches have considered the relationship to be the other way around

Suggested Citation

  • Carmen PĂUNESCU & Ramona CANTARAGIU, 2012. "How does the risk preference impact the need for achievement in business contexts," Management & Marketing, Economic Publishing House, vol. 7(1), Spring.
  • Handle: RePEc:eph:journl:v:7:y:2012:i:1:n:7
    as

    Download full text from publisher

    File URL: http://www.managementmarketing.ro/pdf/articole/257.pdf
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jannis Engel & Nora Szech, 2017. "A Little Good is Good Enough: Ethical Consumption, Cheap Excuses, and Moral Self-Licensing," Working Papers 2017-025, Human Capital and Economic Opportunity Working Group.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eph:journl:v:7:y:2012:i:1:n:7. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Simona Vasilache). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.