Studies of operational success of CEOs who take risks were recently reported.
I have my doubts, at least from my personal practical experience. To begin with, the sampling used was relatively small. Secondly, the time frame of what is termed success in business is too subjective. How long a period are you measuring? Is it a year or five years?
And finally, taking risks in a publicly owned business? In practice, the risk makes little sense. Shareholders are entitled to better judgment than that. ( See the Earl J Weinreb NewsHole® comments.)
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