Demographics/Job Characteristics of Top Managers, Corporate Risk and Organizational Outcomes
Gabriel Donadio Costa, Fabricia Silva da Rosa, Rogério João Lunkes
Contabilidad y Negocios: Revista del Departamento Académico de Ciencias Administrativas · 2018
doi:10.18800/contabilidad.201801.007 (opens in a new tab)
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Abstract
This study aims to analyze the relationship between demographics and job characteristics of top managers and their tolerance or aversion to corporate risk. From the Amadeus – Bureau van Dijk database were collected data about the gender, age, educational background, job duality and job tenure of 1,045 top managers. The results suggest that executives (CEOs and non-CEOs) with formal education in the areas of management and law, as well as the tenure in the organization, are negatively related to risk-propensity behaviors. On the other hand, the age and female gender of top managers are characteristics that are positively related to risk propensity.
Abstract licence: CC BY
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