Study Examines Relationship between CEOs, Social Class and Risk Taking
Matt McGowan
Your CEO’s social status might determine whether or not he or she is a risk taker, and knowing that might determine how you should approach requests for resources and funding for capital projects.
A new study by a University of Arkansas management professor shows how origins of social class explain risk-taking behavior – good or bad – by the top executives at the largest U.S. public corporations.