Corporate Social Responsibility (CSR) is a hot topic in management research. There is now widespread agreement that CSR is an important means for corporations to contribute to a fruitful interplay between business and society. Although CSR has an inherently normative foundation, the mainstream...

This paper explores the relationship between self‐ and societal interests and addresses the problem of irresponsible profit generation in practice. By contrasting the neo‐classical assumptions about the role of self‐interest in promoting societal interests with empirical evidence, the...