Studies done on the correlation of between good corporate behavior and good financial performance have generally found

Question

Quizplus · Accepted Answer

Studies suggest that there is a small positive correlation between good corporate behavior and good financial performance, indicating that companies that prioritize ethical behavior and social responsibility tend to outperform their peers financially in the long run. However, the correlation may not always be significant and may depend on various other factors such as industry, company size, and the specific metrics used to measure corporate behavior and financial performance.

Studies Done on the Correlation of Between Good Corporate Behavior