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Which of the following statements is FALSE regarding the effects of investment in social and ethical responsibility on firm performance? When demand for such investments

image text in transcribed Which of the following statements is FALSE regarding the effects of investment in social and ethical responsibility on firm performance? When demand for such investments increase, value-maximizing managers in firms will find it in their self-interest to make these investments, even if cash flow is reduced. Workers in companies with higher levels of investment are more emotionally committed. It is likely that corporate social and financial performance reinforce each other. Some studies suggest that enterprises who do not invest in activities related to sustainability have lower than average profit growth and margins. When the demand for a particular cause is greater than supply, the market value of the firm decreases when an investment is made in that cause

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