1998 Governance & leadership

A Behavioral Agency Model of Managerial Risk Taking

Robert M. Wiseman, Luis R. Gómez‐Mejía

Academy of Management Review

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Cited by in snapshot: 33
References in snapshot: 4
Global cited by: 1,162

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Cited by 33

Conclusion Henrich R. Greve · 2003
Model Henrich R. Greve · 2003
Risk abatement as a strategy for R&D investments in family firms Pankaj C. Patel, James J. Chrisman · 2013
Explaining temporal orientation: Evidence from the durability of firms' capital investments David Souder, Philip Bromiley · 2011
Drivers of R&D investment: The interaction of behavioral theory and managerial incentives Todd M. Alessandri, Jason M. Pattit · 2012
Reputation and Decision Making under Ambiguity: A Study of U.S. Venture Capital Firms' Investments in the Emerging Clean Energy Sector Antoaneta P. Petkova et al. · 2013
Variations in R&D Investments of Family and Nonfamily Firms: Behavioral Agency and Myopic Loss Aversion Perspectives James J. Chrisman, Pankaj C. Patel · 2012
Managerial Risk, Innovation, and Organizational Decline Scott Latham, Michael Braun · 2008

Show 25 more citing records

Aspiration-Level Adaptation in an American Financial Services Organization: A Field Study Stephen J. Mezias, Ya-Ru Chen, Patrice Murphy · 2002
CEO Hubris and Firm Risk Taking in China: The Moderating Role of Managerial Discretion Jiatao Li, Yi Tang · 2010
Executive Stock Options as Mixed Gambles: Revisiting the Behavioral Agency Model Geoffrey Martin, Luis R. Gómez‐Mejía, Robert M. Wiseman · 2013
Performance Feedback and Firm Risk Taking: The Moderating Effects of CEO and Outside Director Stock Options Elizabeth Lim, Brian T. McCann · 2013
Profitability Goals, Control Goals, and the R&D Investment Decisions of Family and Nonfamily Firms Josip Kotlar et al. · 2014
Incentives to Cheat: The Influence of Executive Compensation and Firm Performance on Financial Misrepresentation Jared D. Harris, Philip Bromiley · 2007
Advanced topics Henrich R. Greve · 2003
Foundations Henrich R. Greve · 2003
Introduction Henrich R. Greve · 2003
How Performance Incentives Shape Individual Exploration and Exploitation: Evidence from Microdata Sunkee Lee, Philipp Meyer‐Doyle · 2017
Managerial Risk Taking Robert E. Hoskisson et al. · 2016
CEO option wealth and firm risk-taking: An analysis of multiple reference points Elizabeth Lim · 2017
Social pay reference point, external environment, and risk taking: An integrated behavioral and social psychological view Elizabeth Lim · 2018
Better Safe Than Sorry: Subsidiary Performance Feedback and Internal Governance in Multiunit Firms Metin Sengul, Tomasz Obłój · 2017
Performance feedback and middle managers’ divergent strategic behavior: The roles of social comparisons and organizational identification Murat Tarakci et al. · 2017
The mixed gamble of internationalization in family and nonfamily firms: The moderating role of organizational slack Todd M. Alessandri, Daniele Cerrato, Kimberly Eddleston · 2018
Stock Return or Sales Growth? Multiple Performance Feedback and Strategic Investments Under Securities Analysts’ Earnings Pressure Yu Zhang, Yan Gong · 2018
CEO Equity Risk Bearing and Strategic Risk Taking: The Moderating Effect of CEO Personality Mirko H. Benischke, Geoffrey Martin, Lotte Glaser · 2019
A Behavioral Perspective on Attention Allocation Among Multiple Goals: An Exploratory Examination of the Automotive Industry Songcui Hu · 2012
Multiple performance pressure inconsistency, resource slack, and the firm’s R&D investment: A behavioral agency theory perspective David Diwei Lv, Weihong Chen, Hailin Lan · 2022
Problem-Solving or Self-Enhancing? Influences of Diversification and Bright Spot on Corporate Resource Allocation Responses to Performance Shortfalls Elizabeth Lim, Pino G. Audia · 2020
The behavioral agency model: Revised concepts and implications for operations and supply chain research Luis R. Gómez‐Mejía et al. · 2021
Organizational Learning from Performance Feedback Henrich R. Greve · 2003
Applications Henrich R. Greve · 2003
The Mixed Gamble of Competitive Dynamics in Family‐Controlled Firms Jaeyoung Cho, Alfredo De Massis, Josip Kotlar · 2025

References 4

Toward a Model of Risk in Declining Organizations: An Empirical Examination of Risk, Performance and Decline Robert M. Wiseman, Philip Bromiley · 1996
Translation of Gambles and Aspiration Level Effects in Risky Choice Behavior John W. Payne, Dan J. Laughhunn, Roy L. Crum · 1980
Variable risk preferences and adaptive aspirations James G. March · 1988
Aspiration Level Adaptation: An Empirical Exploration Theresa K. Lant · 1992

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Performance Feedback and Firm Risk Taking: The Moderating Effects of CEO and Outside Director Stock Options Elizabeth Lim, Brian T. McCann · 2013

21 shared references · rank 1 of 205

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Executive Stock Options as Mixed Gambles: Revisiting the Behavioral Agency Model Geoffrey Martin, Luis R. Gómez‐Mejía, Robert M. Wiseman · 2013

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Managerial Risk Taking Robert E. Hoskisson et al. · 2016

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Conclusion Henrich R. Greve · 2003

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Model Henrich R. Greve · 2003

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Foundations Henrich R. Greve · 2003

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Introduction Henrich R. Greve · 2003

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Applications Henrich R. Greve · 2003

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Organizational Risk Taking: Learning Versus Variable Risk Preferences Jerker Denrell · 2005

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CEO Hubris and Firm Risk Taking in China: The Moderating Role of Managerial Discretion Jiatao Li, Yi Tang · 2010

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Co-citation

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Performance, Aspirations, and Risky Organizational Change Henrich R. Greve · 1998

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A Behavioral Theory of the Firm William J. Baumöl, Richard M. Cyert, J. G. March · 1964

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A Behavioral Theory of the Firm Richard H. Day et al. · 1964

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