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THE RISK/RETURN PARADOX EXPLORED
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While doing some earlier work on the problems of corporate
strategy within several industries it appeared that firms
which were less successful and less profitable within the industries
had higher variances in their operations and in their profits.
Conversely, the more profitable firms seemed to have less variance
over time in their profitability. Because at least on the surface
this appeared to be inconsistent with much work and theory in
economics and finance pos i t ing a pos i t ive correlation/association
between risk and return, a rather thorough empirical examination
of this association was undertaken and published as "A Risk/
Return Paradox for Strategic Management."
Edward H. Bowman - Personal Name
1000207212
NONE
Strategic Management
English
2013
1-44
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