The Evolution and Models of Corporate Social Responsibility

Purpose: Consequently, the purpose of this review paper is to trace the historical and conceptual evolution of CSR. Design: Literature review Findings: Company must respond to meet demand in order to be more reputable and remain profitable. Contesting views have given birth to a myriad of theories on CSR over the past decades as a clear testimony that the concept of CSR is dynamic and continues to evolve. Practical implications: This paper traces the key milestones in the evolution of CSR from the earliest debates between Dodd and Berle in the 1930s followed by arguments on CSR by Friedman in the 1970s up to the current theories Social implications: Trends have moved from corporate social responsibility (CSR) programmes, to sustainable development, to sustainability, to social responsibility Original value: Since the 1950s, many scholars have been researching CSR from different points of view. In order to understand CSR's impact on organisation behavior, it is necessary to comprehend its progression.