The emergence of a global business risk, caused by a more intense companies’ strategic and organizational complexity, leads both the researchers and the enterprises to a concept of a global responsibility as a paradigm for effective relationships with all stakeholders. This global concept of responsibility must include the areas of legal, economic, social and environmental commitment and suggests an integrated approach to risk management. The aim of this article is to propose a theoretical framework about the relations among stakeholders’ expectations, responsibility areas and risk management. By means of a qualitative analysis, the authors intend to suggest some reflections about the approach of some meaningful global companies towards their potential risks and the relationships with their stakeholders