Companies Boost Value by Embracing Corporate Social Responsibility in Indonesia
The study looked at how companies in Indonesia Stock Exchange who do good things for society also see their value go up. They found that being socially responsible helps companies make more money. They also found that when companies are pushed by independent boards to do good, the positive impact on their value is even stronger. This means that companies should care about social responsibility to make more money, and having someone to push them to do good can make them even more successful.