“…Corporate Social Responsibility has been studied extensively in the literature of management (McWilliams & Siegel, ; Marquis, Toffel, & Zhou, ; Dowell & Muthulingam, ), operations (Kleindorfer, Singhal, & Wassenhove, ; Liu, Woolley, & Cruz, ; Lee, Nunez, & Cruz, ) and marketing (Sen & Bhattacharya, ; Bhattacharya, ; Eteokleous, Leonidou, & Katsikeas, ). The studies on CSR can be traced back to Altruism and Warm‐glow effect (Andreoni, ; Andreoni, ).…”