Corporate social responsibility: Concepts, Dimensions, Theories and Review of models

Nowadays, the role of company has changed a lot and it is expected that these units should not be only thinking about increasing profit-making and they should be responsible about their works to the society. The reason is that the company cannot operate without society and the society also needs the company. Therefore, a mutual relationship has been formed between these two. Therefore, corporate social responsibility is profitable for both themselves and the society. Primary form of social responsibility had strong religious, patriarchy, and philanthropic aspects, but the new concept of corporate social responsibility is directly focused on daily commercial works and their effects on the vast spectrum of the beneficiary. In the 1950s, only commitment to the society was introduced but gradually in the 21st century, environmental and social concerns, voluntary works, ethical behavior, economic development, development of citizens’ life, human right, work right, protecting the environment, cleanup, encouraging development of transparency and appropriate responsibility have become important. By reviewing the concepts, dimensions, theories, and fifteen models of social responsibility, it can be claimed that after passage of fifty years of this concept, introducing a single definition for it, is still a difficult work. Yet, the important point is that almost all of the definitions consider the corporate responsible before the society. Therefore, to be responsible before the society, it is needed to carefully apply the theoretical subjects of social responsibility in practice too.