The interpersonal network structure of an organization directly influences the diffusion and recombination of ideas, and can thus facilitate or impede organizational learning. Most interpersonal networks have “hubs” – individuals that have significantly more connections than does the...

Inspired by the behavioral theory of the firm and prospect theory, a large empirical literature has examined the association between performance and organizational risk taking. Such associations have often been attributed to the influence of performance on risk attitudes. This paper shows that a...