Recent studies have rigorously analysed the factors that lead to suboptimal judgements made by management. A variety of studies investigate the capacity of organisational management to function independently and thoughtfully in decision-making, ensuring that factors like changes in the operational environment do not adversely affect their choices. This issue is significant for investors due to their separation from managerial decision-making processes, which makes it challenging for them to understand the rationale behind management's choices in recording economic events. Consequently, changes in the environment and shifting decision-making contexts require managers to adjust accordingly. This study examines the processing of information and the factors that influence management perspectives, re-evaluating Selfridge’s theory and its impact on organisational decision-making and information systems. The study highlights the importance of behavioural research in enhancing organisational transparency and aligning stakeholder interests.