Corporate Social Responsibility Boosts Profitability and Fights Climate Change in Pakistan.
The article shows that internal corporate governance factors like CEO power and board size are linked to firm performance. Corporate social responsibility (CSR) plays a crucial role in improving profitability and controlling social problems caused by industrial development. The study used data from Pakistani firms between 2010-2019 and found that CSR is the most valuable tool for enhancing profitability. Overall, the research suggests that CSR is essential for internal corporate governance to address climate and social issues.