Firms with risk-averse management prioritize projects with stable cash flows over high-risk, high-reward ventures, even if the latter could maximize shareholder value.

Authors

• Person: Not available Organization: CAUL
  Topic 2: The Risk and Return Trade Off in Financial Decision Making

Sources

• Topic 2: The Risk and Return Trade Off in Financial Decision Making oercollective.caul.edu.au CAUL via serper

Referenced by nodes (1)

• risk aversion concept