Corporate Social Responsibility and Women Empowerment: A Comprehensive Analysis of Strategies, Impacts, and Future Directions

Abstract

This research paper examines the multifaceted relationship between Corporate Social Responsibility (CSR) initiatives and women empowerment within the context of sustainable development goals. Drawing upon stakeholder theory and institutional theory frameworks, this study analyzes how corporations leverage CSR programs to advance gender equality, enhance economic participation, and foster social inclusion of women across diverse sectors and geographical contexts. The paper systematically reviews empirical evidence from emerging and developed economies, examining CSR interventions in areas including skill development, financial inclusion, board gender diversity, and community development programs. Key findings indicate that strategically designed CSR initiatives significantly contribute to women's economic empowerment, decision-making capacity, and social mobility. The study also identifies critical success factors and challenges in implementing effective CSR-driven women empowerment programs. Recommendations for corporate practitioners, policymakers, and researchers are provided to optimize the transformative potential of CSR in achieving Sustainable Development Goal 5 (SDG 5) on gender equality.