Corporate social responsibility doesn’t pay after all

22 junio 2015

When companies strive to do their bit for the environment and social causes as well as make a profit, this is referred to as corporate social responsibility (CSR). For around forty years, researchers all over the world have been studying the impact of CSR on corporate success. The majority of empirical studies conclude that CSR leads to greater financial success. A sociology professor now provides evidence that the positive correlation between CSR and corporate financial success can be traced back to the biased publication of positive results or publication errors.