Naslov
Risk-taking Propensity of Domestic and Expatriate Managers in the Croatian Hotel Industry

Autori
Matić, Matea ; Vojinić, Perica ; Bečić, Marija

Izvornik
Ekonomski pregled : mjesečnik Hrvatskog društva ekonomista Zagreb (0424-7558) 65 (2014), 5; 473-489

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, prethodno priopćenje, znanstveni

Ključne riječi
Risk-taking; Managers; Expatriates; Hotel industry

Sažetak
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.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA