How do corporate social responsibility activities influence corporate reputation? Evidence from korean firms?
Answers
CSR activities such as environmental (e.g., reducing toxic releases to the natural environment) and social (e.g., charitable contributions) initiatives. ... Fundamental issues often called for empirical research is how and whether CSR activities are related with corporate reputation (Fombrun, 1996).
Answer:
Corporations are contributing to society through an economic profit, but at the same time they often cause
society to suffer greatly due to unethical actions such as toxic emissions and deforestation. As
corporations cannot earn profits unethically and irresponsibly, corporate social responsibility (CSR) has
often been incorporated into a part of corporate primary strategy to pursue both sustainable and economic growth
(Elkington, 1994; McWilliams & Siegel, 2001; Orlitzky, Schmidt, & Rynes, 2003; Post, 1978; Post, Preston, &
Sauter-Sachs, 2002).