Empirical research shows that firms that are committed to values and ethical principles are significantly less profitable over the long run than those committed to the pursuit of profit.

Question

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There is a growing body of research that suggests that firms committed to ethical principles and social responsibility can be just as profitable, if not more profitable, than those solely focused on profit. In fact, studies have shown that companies with strong ethical cultures and a focus on corporate social responsibility often outperform their peers in terms of long-term financial performance and customer loyalty.

Empirical Research Shows That Firms That Are Committed to Values