Which One of the Following Choices Best Describes Why a Firm's

Which one of the following choices best describes why a firm's positive reputation for corporate social responsibility has been likened to an insurance policy?

A) It can help protect a firm's economic value when negative events occur.
B) Investors and stakeholders seldom believe a firm that engages in corporate social responsibility initiatives would commit any wrongdoing.
C) It helps inflate the firm's stock price due to the enhanced image of the firm.
D) Firms with effective corporate social responsibility policies rarely see decreases in stock price.