The book was separated into several sections. Under the first chapter I analyzed the topic of Corporate Social Responsibility in detail. I first break down the development of the concept. Throughout the first section, I trace the theoretical roots and foundations of the concept as far back to the 1930s and highligt themovements success in facilitating CSR development under modern literatüre. I next analyzed the involvement of the European Union/European Unions organizations and their view on a new unified definition for CSR. Finally, I move on to analyzing the European Accounting Directive and its amendment [Directive (2013/34European Union and (2014/95 European Union), which can be coined as the culmination of the European Union cooperation efforts surrounding the debate of CSR.