| Authors |
|
| Publication date |
2012
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| Journal |
Journal of Economic Psychology
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| Volume | Issue number |
33 | 2
|
| Pages (from-to) |
342-354
|
| Organisations |
-
Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
|
| Abstract |
This paper analyses the effect of risk attitudes of firm owners on business performance among small enterprises in Lagos, Nigeria. We find that there is no robust support for a positive effect of willingness to take risk through compensation for risk taking. Perception of risk does have a positive effect, suggesting that recognizing and cautiously dealing with risk is beneficial. The effect is robust under alternative specifications.
|
| Document type |
Article
|
| Language |
English
|
| Published at |
https://doi.org/10.1016/j.joep.2011.03.006
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