why should corporate entities be socially responsible and contribute to environment, communities, quality of life etc.?

why should corporate entities be socially responsible and contribute to environment, communities, quality of life etc.?Is it to pursue longer term economic benefits typically expressed in longer term financial profits or for any other reason of a higher ethical order?Or, is it because the environment and the stakeholders became more demanding of the companies as a result of changes in societal attitudes? And how universal are these changes, in your opinion?in you response please include the question as heading. also please ensure to incldue the reference.

why should corporate entities be socially responsible and contribute to environment,communities, quality of life etc.?Is it to pursue longer term economic benefits typically expressed in longer...