Risk Attitude and Rational Decision-making: A Comparative Analysis of Commercial Bank of Ethiopia with Bank of Abyssinia
| dc.contributor.advisor | A.Krishman, Rama (Pofessor) | |
| dc.contributor.author | Samuel, Dilnesahu | |
| dc.date.accessioned | 2021-10-07T07:30:50Z | |
| dc.date.accessioned | 2023-11-19T09:07:59Z | |
| dc.date.available | 2021-10-07T07:30:50Z | |
| dc.date.available | 2023-11-19T09:07:59Z | |
| dc.date.issued | 2007-03 | |
| dc.description.abstract | The players in the financial sectors such as banks face multifaceted forces of risk that calls for decision makers who tend to take risks while ensuring proper risk management. Although there is a need for proper risk taking behavior in the Ethiopian banking industry, there is a blurred picture of decision makers ' behavior in this regard. Whether the risk taking behavior of the existing managers in the Ethiopian Banking industry is risk aversive, risk neutral or risk prone, it is kept unnoticed since no research has been made in the area. Besides, whether such behavior varies with individual decisions, private based settings or government based settings is one of the central inquiries of this research. To unfold this, the analysis is made based on mail survey method with two sets of questionnaires administered and distributed to a sum of eighty respondents of Commercial Bank of Ethiopia and of Bank of Abyssinia. The measurement involved various cross checking mechanisms including the use of preference theory of Hammond (1967) and decision analysis. With this procedure, the study arrived at a conclusive result that attitude towards risk is context bounded. That is risk taking behavior improves when the decision maker progressively moves from personal to organizational decision, from individual to group decision, and from government establishment to private establishment in the cases under investigation. The attributed causes to such behavior include personal fear of decision makers, measures taken by owners and the board of directors, the nature of the organization and the imbalance between reward and penalty. Besides, the impact of such behavior on overall organizational performance was also investigated. | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/12345678/28068 | |
| dc.language.iso | en | en_US |
| dc.publisher | A.A.U | en_US |
| dc.subject | Commercial Bank | en_US |
| dc.subject | Rational Decision-making | en_US |
| dc.title | Risk Attitude and Rational Decision-making: A Comparative Analysis of Commercial Bank of Ethiopia with Bank of Abyssinia | en_US |
| dc.type | Thesis | en_US |