Corporation social responsibility can be good for business because socially and environmentally responsible behavior promotes both corporate profits (in terms of cost-cutting and consumer preferences for responsible corporations).

Corporation Social Responsibility

Practices and policies undertaken by corporations to positively impact societal, environmental, and economic domains.

Corporate Profits

The earnings of a corporation after all expenses, taxes, and costs have been deducted from total revenue.

Consumer Preferences

The subjective tastes and desires influencing the choices that consumers make among various products and services.