Corporate Social Responsibility (CSR) has a long and influential history as one of the dominant paradigms in managing the business-society interface. For years, CSR has served as the normative and strategic blueprint for companies in managing growing societal expectations such as climate change, corruption, and inequality, fundamentally shaping corporate behavior across sustainability, ethics, and stakeholder engagement. Over the past decade, environmental, social, and governance (ESG) criteria seemed to be moving from the periphery to the center of attention for companies, and the formalization and legalization of CSR-related criteria have reinforced the importance of corporate responsibility and consolidated its position as a central area of concern for business firms.
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