THE MISSING LINK IN THE MAP OF CORPORATE SOCIAL RESPONSIBILITY APPROACHES: THE WEBERIAN APPROACH
THE MISSING LINK IN THE MAP OF CORPORATE SOCIAL RESPONSIBILITY APPROACHES: THE WEBERIAN APPROACH

Summary/Abstract: This research paper endeavors to conduct a comprehensive analysis of the concept of Corporate Social Responsibility (CSR) by examining the theoretical underpinnings that form the basis of most scholarly inquiry in this domain. By delineating and critiquing the foundational economic and organizational theories of CSR, we propose a novel perspective, asserting that CSR serves as a discourse on the economic role within society. We posit that employing Max Weber’s analytical tools, especially his notion of ideal interests, addresses a significant gap in the existing CSR framework. This investigation leads us to propose a model of institutions driven by both material and ideal interests, underscoring the critical role of ideal interests in sustaining the legitimacy of institutions post-establishment. The paper culminates by focusing on institutions crafted for sustainability, advocating that our research offers valuable insights into prevailing theoretical challenges in economic sociology.

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