The article deals with theoretical issues of development of economic and social responsibility. Based on a deep analysis of the main concepts of the development of social responsibility, the author highlights the basic principles for the formation of economic and social responsibility of the personnel of enterprises. Special attention is paid to theoretical issues of the institutional formation of a socially responsible person. The article will be useful to managers of the public sector and large enterprises, as well as researchers and specialists dealing with issues of social responsibility and sustainable development.