Companies are regarded as important players because their activities and global influence in both home and host countries as well. For this reason companies’ are started to be considered not a problem, but rather a solution where other institutions fail or government regulation are weak. The way companies act or activate in a society needs to be done with great responsibility in such way SD is ensured. The increased recognitions of two fields have attracted the researchers’ interest, respectively in corporate social responsibility (CSR) activities and sustainable development (SD)