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The term corporate social responsibility has become part of the economic vocabulary since the seventh decade of the 20th century. Since the beginning of the 21st century this term extended, became complex, multidimensional with many economic, legal and social connections. Corporate social...
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likelihood of certification. Second, fraud only arises when the fines for fraud are at intermediate levels and some CSR firms do … than in settings with honest marketing. Forth, the coexistence of fraud and certification induces differentiation price … premia below marginal production costs and certification price premia above marginal certification costs. Lastly, social …
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