Survey of the Relationship between Risk Tolerance and Readiness to Change in the Bank Officials of Kermanshah Province
Journal Title: Journal of Science and today’s world - Year 2014, Vol 3, Issue 2
Abstract
Understanding the relationship between risk power and readiness to change can be important from both operational-executive and theoretical points of view. Thus, the present study aimed to investigate the relationship between risk tolerance and readiness to change in the bank officials of Kermanshah province, Iran. In this descriptive, analytical study, the data were gathered using a questionnaire. The statistical community included the chiefs and assistants of banks in Kermanshah and using the Cochran formula, a 120-subject sample size was determined for the study. Pearson and Spearman correlation coefficient was used to determine the relationship between the variables. The study results revealed a direct relationship between the challenge and variety index and tolerating novelty, complexity, and situations with insolvable problems. However, a negative relationship was observed between monotony and predictability of the tasks and tolerating novelty, complexity, and situations with insolvable problems. Also, no significant difference was found between the chiefs and the assistants regarding their risk tolerance and readiness to change. In case the projects, which require change acceptability and creating new conditions, are executed in banks, the mangers with high change acceptance and risk tolerance should be employed. In fact, younger managers with higher education levels and lower working experiences should be hired in the posts, which require risk tolerance and change acceptability.
Authors and Affiliations
Afshine Esfandnia, Maryam Moradian, Mohammad Mahboubi, Kamran Ghadry, Behzad Bahrami, Hoda Mosavi, Gholam Reza Marmarian, Mohsen Mohammadi
Keywords
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