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...

Corporate social responsibility (CSR) is a prominent topic. Researchers frequently understand CSR as the requirement for corporations to make additional contributions to the well-being of society. Accordingly, CSR is linked with the idea of “doing good.” However, beyond “doing good,”...