This paper presents a wide range of issues related to the theory and practice of corporate social responsibility .. The monograph covers in detail the issues related to the prerequisites for the emergence and development of the concept and terminology in the field of corporate social responsibility, the directions of socialization of business; the concept itself, its main elements and models in different countries are considered. Institutionalization of corporate social responsibility is considered from the standpoint of its effectiveness: the implementation of corporate social policy and corporate social programs, the analysis of standards in the field of corporate social responsibility and the analysis of best practices in this field. A separate section is devoted to issues of effectiveness assessment. For academics, faculty, postgraduates and undergraduates, all those interested in business socialization and corporate social responsibility.