... to achieve better operational performance and financial result. The investment led to different point of view regarding to the impact. By concluding contrary surveys over corporate ethics and business consequences, Paine (2003) concluded that "whether or not investors themselves [were] are directly concerned about corporate conduct, they recognize[d] that others' concerns can ... arguments on companies' responsibility became authoritative over decades. Investors believe that CSR initiatives are more like "charitable giving" (Atkinson & Galaskiewicz,1988) rather than strategic business in...

• Word Count: 1081
• Approx Pages: 4
• Grade Level: Graduate