“…CSR activities could increase the reputation of the firms, thus affecting employee job satisfaction, organizational trust, and firm performance (Brammer et al, 2007;Lee et al, 2013;Sreenivasulu, 2019;Chatterjee et al, 2021a;Seifzadeh et al, 2021). Stakeholder theory posits that CSR initiatives could ensure success of a firm in the long run (Lee et al, 2019;Chatterjee et al, 2021b;Saxena et al, 2021). Carroll (1979) argued that a firm will exhibit its CSR towards society by carrying out its economic, legal, ethical, as well as philanthropic obligations.…”