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Business in modern world targets both profit and social responsibility. In the trading-off between making profits and spending for social responsibility, a firm needs to balance these two goals and maintain them in the long-run. Sustainable profit will prevent the firm to fall into the decaying...
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This paper proposes an empirical method to estimate the model of sustainable profit and corporate social responsibility originated by Sudtasan and Suriya (2013). It suggests analysts to use data from official financial statements of companies which may be reported to the Stock Exchange in a...
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