Preprint Article Version 1 This version is not peer-reviewed

‘CSR Decision Making and Choices by Manager: The Influence of the Nudge, Persuasiveness and the Cognitive Behaviour around Economic Interest of Stakeholder’s Investors!

Version 1 : Received: 22 October 2024 / Approved: 22 October 2024 / Online: 23 October 2024 (03:03:24 CEST)

How to cite: Adewole, O. ‘CSR Decision Making and Choices by Manager: The Influence of the Nudge, Persuasiveness and the Cognitive Behaviour around Economic Interest of Stakeholder’s Investors!. Preprints 2024, 2024101763. https://doi.org/10.20944/preprints202410.1763.v1 Adewole, O. ‘CSR Decision Making and Choices by Manager: The Influence of the Nudge, Persuasiveness and the Cognitive Behaviour around Economic Interest of Stakeholder’s Investors!. Preprints 2024, 2024101763. https://doi.org/10.20944/preprints202410.1763.v1

Abstract

Economic interests, penchant, and goals or pursuits drive and stir the motivation and impetus or motives for and the reason behind most business activities and ventures, which is in line with classical economic theory and capitalism; however, this revolves around one of the 3-4 pillars outlined and identified as “economic, legal, ethical, and discretionary or philanthropic” by ‘Carroll in this article and from previous works or articles. It is essential and crucial to note the line and clear distinction or border drawn between competing and complementary frameworks as exemplified in the present article by Carroll and different motives for different organizations in pursuing ‘CSR. The central objective of this presentation and research activity is to examine the decision-making and choice architecture from the influences of nudge on the economic decisions and aspects of ‘CSR pursued by managers stressing on the ‘RBV: resource-based view and point to the potentials and use of ‘CSR as a strategic tool by corporations from a stakeholder’s perspective, paying attention to crucial decision-makings and the need for striking a balance from the competing interests perspective, even though an economic aspect of ‘CSR is pursued and prioritized while gaining a competitive advantage or leveraging from the ‘RBV point of view.

Keywords

'CSR Decision making; nudge; persuasiveness and the cognitive behaviour; economic interest of stakeholder’s investors; 'RBV

Subject

Business, Economics and Management, Economics

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