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Scientific Article details

Title Sleepwalking into Catastrophe: COGNITIVE BIASES AND CORPORATE CLIMATE CHANGE INERTIA
ID_Doc 75061
Authors Mazutis, D; Eckardt, A
Title Sleepwalking into Catastrophe: COGNITIVE BIASES AND CORPORATE CLIMATE CHANGE INERTIA
Year 2017
Published California Management Review, 59, 3
DOI 10.1177/0008125617707974
Abstract Despite the consensus that climate change will have huge consequences not just for the planet but also on corporate operations, businesses continue to fail to adjust their strategic decision-making processes to become more sustainable. One of the silent culprits behind climate change inertia lies in the cognitive biases at play in corporate decision making. This article builds on existing strategic decision-making models to explain how biases prevent managers from accurately identifying the moral dimensions of climate change. It also presents a broad range of practical interventions for how this constraint can be overcome.
Author Keywords strategic decision making; sustainability; psychology; climate change; cognitive biases
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000406942400004
WoS Category Business; Management
Research Area Business & Economics
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