Studies have generally found __________ relationship between ethical and socially responsible behavior and a firm's financial performance.
A) a positive
B) a negative
C) a weak
D) a moderate
E) no

Question

Quizplus · Accepted Answer

Numerous studies have found a positive relationship between a firm's ethical and socially responsible behavior and its financial performance. For instance, research has indicated that firms with strong corporate social responsibility (CSR) programs tend to have higher profitability, lower cost of capital, and better reputation with their customers and investors. Companies that prioritize ethics and social responsibility are also more likely to attract and retain high-quality employees, avoid regulatory and legal fines, and generate positive brand equity over the long term.

Studies Have Generally Found __________ Relationship Between Ethical and Socially