Managers often have to deal with the financial and ethical risks that companies face. Evidence from risk management research suggests a negative relationship between people’s age and risk taking tendencies. Within such a framework, the present contribution examines how different perceived occupational rewards may mediate or interact with the relationship between age and risk taking of managers at the company level. Our results show that perceived rewards in terms of job security partially mediate the relationship between age and ethical risk taking, while perceived rewards related to job promotion moderate the effect of age on financial risk taking. We further discuss the role of different organizational strategies to preserve an organization’s health.

The impact of occupational rewards on risk taking among managers

CESCHI, Andrea;COSTANTINI, ARIANNA;SARTORI, Riccardo
2017-01-01

Abstract

Managers often have to deal with the financial and ethical risks that companies face. Evidence from risk management research suggests a negative relationship between people’s age and risk taking tendencies. Within such a framework, the present contribution examines how different perceived occupational rewards may mediate or interact with the relationship between age and risk taking of managers at the company level. Our results show that perceived rewards in terms of job security partially mediate the relationship between age and ethical risk taking, while perceived rewards related to job promotion moderate the effect of age on financial risk taking. We further discuss the role of different organizational strategies to preserve an organization’s health.
2017
occupational rewards, job promotion, job security, risk taking, managerial decision making
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11562/966321
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