Recently, all social and environmental problems or issues have become important and crucial aspects for every business enterprise. Companies have a big influence and impact in the community and the economy of a country for it affects all areas of life within a society, therefore both profit and societal well-being must have an equal value for every enterprise. As it was said by Sigmar Gabriel the German Federal Minister for the Environment, how companies act has a big influence not just on the prospects of the individual but also on the ability of a society as a whole to realize its potential and shape a brighter future. Consequently, entrepreneurial activity has always borne a pronounced responsibility for social development and Corporate Social Responsibility provides an intelligent way to combine economically viable development, social responsibility and conservation of natural resources1.
There is no universally acceptable definition for CSR since there are many elaborated variants nevertheless, it can be described in several ways and some of the concepts I found more accurate are the followings: "What companies have embrace in order to achieve competitiveness while addressing societal issues and cost savings" and "The continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large."2 In 2001, The European Commission introduced CSR as a new policy approach for companies and stated that CSR is achieved when companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis3 and gave an accurate and simple definition which states that CSR is the responsibility of enterprises for their impacts on society.".
Still, may companies have adopted the misconception that profit and business are separate from community in fact, it is frequently described that business and social concerns are completely separate worlds and the state is the one who is responsible for addressing social needs; not business.