Why Company spends more on CSR activities (Corporate Social Responsibility) even if there is no direct effect on their profit maximization in the short run?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter5: Ethics, Corporate Responsibility, And Sustainability
Section: Chapter Questions
Problem 11CRQ: What is CSR, and why is it important?
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Why Company spends more on CSR activities (Corporate Social Responsibility) even if there is no direct effect on their profit maximization in the short run?

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