Year: 2014
Type: article
Study design: Observational Study
Abstract: This paper analyses the characteristics of expatriate and domestic managers in Croatian hotel industry related to the risk-taking propensity that is regarded as a vital component for a personal and organisational achievement.The research was conducted in 2011 and 2012 using the questionnaire on a sample of middle and top level domestic and expatriate managers employed in Croatian hotel companies.Two measures of risk-taking propensity were used: objective (Choice Dilemma Questionnaire) and subjective (self-evaluation).The results suggest that foreign managers are greater risk takers compared to Croatian managers.Besides country of origin, certain characteristics such as gender, dependants and education also determine managerial risk-taking propensity.Furthermore, correlation coefÞ cients between subjective and objective evaluations of risk-taking propensity show that expatriates' self-evaluation corresponds to objective risk-taking propensity measure while Croatian managers' self-evaluation does not correspond.This research provides new insights into managerial risk-taking propensity in Croatian hotel industry.
Source: Ekonomski pregled
Authors: Matea Matić, Perica Vojinić, Marija Bečić
Language: English
Subfield: Communication
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2204844489