Extant scales for risk propensity are confined to specific decision contexts, lending them less applicable to multifaceted business decisions where decision-making agents' general risk propensity across different aspects of the decisions can be an important determinant. To fill this gap, this study developed a scale that measures general risk propensity of decision-making agents and can be applicable to multifaceted business decisions. The scale development approach used in this study was based on Hinkin's (1998) guideline for survey scale development. A five-item general risk propensity scale was developed, then assessed on its reliability and unidimensionality, and further validated through its correlation with other context-specific risk propensity scales and with conceptually relate...
The Farm Credit Administration (FCA, we, or our) amends its regulation requiring the board of directors of each Farm Credit System (FCS or System) institution to adopt an operational and strategic business plan (business plan or plan) to include, among other things, outreach toward diversity and inclusion. Each business plan must contain a human capital plan that describes the institution's workforce and management and assesses their strengths and weaknesses; describes succession programs; and includes strategies and actions to strive for diversity and inclusion within the institution's workforce and management. In addition, the business plan of each direct lender institution must include a marketing plan that discusses how the institution will further the objective that the FCS be resp...
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