A Riskreturn Paradox for Strategic Management

Cover A Riskreturn Paradox for Strategic Management
A Riskreturn Paradox for Strategic Management
Edward H Bowman
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3 Equip. (20) 1. 3 Home Products (10) 1, 3 Health/Hosp. (15) 1. 3 Midwest Elec. Util. (51) 1. 3 West. Railroad (11) 1. 2 U. S. Shoe (11) Oil Producing (11) 1. 2 Gen. Metals/ Mining (27) 1. 2 Medical Services (6) 1. 1 General Steel (13) 1. 1 Diversified Ins. (20) 1. 1 Ind. Gas/Fertilizer (7) 1. 07 Retail (Spec. ) Stores (16) 1. 04 Life Insurance (17) 1. 0 Railroad Equip. (6) 1. 0 1. 0 1. 0 1, 0 1. 0 1. 0 1. 0 . 90 . 84 . 80 . 70 . 67 . 67 . 67 . 67 . 67 . 65 . 5'/ . 57 . 57 . 50 . 50 . 44 . 43 .... 40 . 33 . 31 0. 0 * Two by Two Contingency table; High/Low plus Low/High divided by High/High plus Low/Low; (Less than 1. 0 is Positive Association) ** (A) Industry Name, (B) Number of Companies in Industry, (C) Negative Association Ratio References [1] Peter Lorange and Richard F. Vancil, St rategic Planning Systems, Prentice Hall, 1977 [2] E. H. Bounnan, "Epis temology, Corporate Strategy and Academe", Sloan Management Review, Winter 1974, pp. 35 - 50; E. H. Bo\^^nan and M. Haire, "A Strategic Posture Toward Corporate Social Responsibility, " California Management Review, Winter 1975, pp.

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