The World Bank defines the concept of CSR as ‘‘the commitment of businesses to behave ethically and to contribute to sustainable economic development by working with all relevant stakeholders to improve their lines in ways that are good for business, the sustainable development agenda, and society at large’’. Firms that comply with this principle integrate public interest into corporate decision-making using a three-dimensional goal function, focusing on the so-called ‘‘triple bottom line’’: people, planet, and profit (Norman and MacDonald 2004). CSR has thus been established as a form of self-regulation integrated into a business model that implies a commitment to contribute to economic, environmental, and social sustainability (Baker and Nofsinger 2012).