The risk taking behavior and decision making style of Cagayan State University’s middle managers (the College Deans) is crucial in the process of its development. Thus, this study investigated the decision making style of the deans and the managerial ethics they employ. It made use of both quantitative and the qualitative methods. Respondents were 15 college deans’ and 229 faculty members. Standardized and self made questionnaires as well as interview guide were utilized. Results show that majority of the deans display moderate risk taking behavior and normative decision making style. They display high risk taking behavior in loading and promotion; they utilize thinker decision making style and employ beneficence as managerial ethics. The deans are caught in a dilemma on how to bring organizational results or show loyalty to the top officials who designated them and on the other hand, how to maintain smooth interpersonal relationship with their subordinates.
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