Investigating the Relationship between the Contingent Risk-Taking of Decisions and the Performance of Financial Managers in Pars Oil Company

Contingent risk-taking of managers is one of the important factors that can improve the performance of managers. Risk-taking people should perform better than people who are less risk-taking. This is because the contingent risk-taking of managers increases the initiative of managers. Especially, the higher levels of necessary risk-taking of the managers cause more and stronger efforts and more durability and flexibility. And whether the risk taking of managers increases all dimensions of managerial performance or not. Therefore, in this research, an attempt is made to investigate the relationship between financial managers' risk-taking and their performance in Pars Oil Company (Public Stock). The current research is a type of descriptive-survey research, and since we are looking for the relationship between the variables of the research, this research is also of the correlation type. A questionnaire was used to collect data. After collecting the data from the initial sample, Cronbach's alpha coefficient was calculated, which was 0.966. The results indicate that there is a significant relationship between managers' risk taking and managers' performance dimensions (human resources management, supervision, inspection, evaluation, planning and coordination) in Pars Oil Company (Public Stock). The categorization of different dimensions of managers' performance, which has been used by Friedman's test, shows that the indicators of human resources management, supervision, inspection, evaluation, planning and coordination have the degree of desirability and importance, respectively.