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Donald Wherung and Kenneth R. Maccrimmon examine how the external factors of leaders lives effect their ability to manage and take risks.

Emphasizing the importance of a manager's ability and willingness to take risks in their business decisions, Taking Risks reveals how age, education, income, industry, and firm size, among other factors, affect a manager's drive to take risks.

"By far the most authoritative and comprehensive study of risk taking that I have ever seen. Must reading for business executives, social scientists, government officials, management scholars -- anyone who face real-world pressures of making decisions or seeks to understand the process behind them." - James S. Dyer, Foster Parker Centennial Professor of Management and Finance, University of Texas - Austin