Empirical evidence suggests that …

Question

Quizplus · Accepted Answer

Empirical evidence supports all the statements provided: A) Firms with better corporate governance are indeed more likely to engage in Corporate Social Responsibility (CSR) as good governance often aligns with ethical, sustainable, and socially responsible practices. B) Firms from common law countries often have lower CSR ratings compared to those from civil law countries, possibly due to differences in regulatory frameworks, stakeholder engagement, and societal expectations. C) Firms from Scandinavian countries are frequently found to have the highest CSR ratings, likely due to the region's strong emphasis on sustainability, social equality, and corporate responsibility.

Empirical Evidence Suggests That …