Success of Risk-Taking by Chief Executive Officers

                                              

I have my doubts, from practical experience, about the operational success of CEOs who take risks.

                       

To begin with, the sampling used by researchers testing CEO risk-taking is 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 on that subject. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)