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Risk patterns, structural characteristics, and organizational configurations
Author(s) -
Renzi Antonio,
Sancetta Giuseppe,
Orlando Beatrice
Publication year - 2017
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.2138
Subject(s) - volatility (finance) , business , organizational change , organizational structure , systematic risk , affect (linguistics) , enterprise value , risk management , industrial organization , econometrics , economics , finance , management , psychology , public relations , communication , political science
A firm’s structural characteristics are predictive of its risk pattern and attitude toward managing change over time. Idiosyncratic risk has its roots in the firm’s structure. This affects the firm’s volatility compared with the average volatility in the sector. Such characteristics and risk patterns affect the firm’s capability to manage change and capture the value from change.