New standards of corporate behaviour have been established in developed countries, obliging them to record information about the 'triple bottom line' in their annual reports. Corporations, especially multinational companies, have had to develop new strategic orientations. Research on social, environmental and overall ethical behaviour of companies has been developed. The concept of stakeholder has simultaneously gained a kind of 'metaphoric evidence'. In other words, the notion of stakeholder is accepted as such, and is widely used in discussions in and aorund corpoartions, despite the fact its theoretical background is very often ignored.The American references are numerous and dominant in this field, and these references have to be received and discussed by European Academics. The book comments on the American theoretical foundations of the notion of Corporate Social Responsibility, and more specifically, the concept of the stakeholder, and it defines a European perspective.