This paper investigates the role of risk in modeling corporate strategy. A general simultaneous equation model of corporate strategy incorporating risk considerations is developed. An example of this model is estimated and compared with a more traditional model. Implications for clinical and empirical researchers are discussed.
No takes yet. Share an insight, caveat, or question.
Richard A. Bettis (1982) studied this question.
Synapse has enriched 5 related papers. Consider them for comparative context: