International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)   Year: 2023 | Volume: 7 | Issue: 2 | Page No.: 30-36 The Impact of Risk Propensity and Risk Perception on Business Performance: Mediation Role of Entrepreneurial Orientation: Data from Algerian Entrepreneurial Companies Download PDF L'hocine Walid, Djenouhat youcef, Zebiri anis, Djenouhat mohamed Abstract: Risk propensity and risk perception are frequently seen as crucial factors in the success of entrepreneurs in entrepreneurship. Risk attitudes of entrepreneurs are well-established drivers of business performance. Therefore, the aim of this study is to examine effect of risk propensity and perception on business performance through the mediation role of entrepreneurial orientation. The study has used 200 entrepreneurs from Algeria. The study analyzed used AMOS software application. The results show that the worst performing entrepreneurs are those with low risk perception and high-risk propensity. Moreover, risk perception is positively associated with business performance. In addition, entrepreneurial orientation has mediated significantly on the relationship between risk propensity and risk perception with business performance.