THE EFFECT OF MANAGERS’ RISK-TAKING PROPENSITY ON MANAGERS’ READINESS FOR CHANGE. THE MEDIATING EFFECT OF PERSISTENCE IN THIS RELATIONSHIP: A RESEARCH IN THE ORGANIZED INDUSTRIAL ZONE

Abstract

This study explores the effect of managers’ risk taking propensity on individual readiness for change and the mediating effect of persistence in this relationship. In the research, the survey method was preferred in order to discover the causal relationships. This study is cross-sectional and follows an explanatory research design using 323 managers in Turkiye. SPSS program was used in the analysis and the mediation relationship was examined with the Hayes process macro. It has been proven that persistence plays a mediating role in the effect of managers' risk-taking propensity on individual change readiness. According to the resource conservation theory, managers take an attitude to prevent resource loss. Addressing the risk-taking propensity and readiness for change in terms of managers can provide important results in terms of determining the effect of persistence. This research reveals this relationship from the perspective of Turkiye.