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      Corporate social responsibility for women's empowerment: a study on Nigerian banks

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      International Journal of Bank Marketing
      Emerald

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          There is no author summary for this article yet. Authors can add summaries to their articles on ScienceOpen to make them more accessible to a non-specialist audience.

          Abstract

          Purpose

          Drawing on stakeholder theory, the purpose of this paper examines how Nigerian banks employ their corporate social responsibility (CSR) initiatives to empower women to participate in economic and commercial activities.

          Design/methodology/approach

          The methodology of this paper is regarding a thematic analysis of Nigerian banks' annual CSR and sustainability reports.

          Findings

          A theoretical framework was developed which illustrates the investment foundation (Sustainable Development Goals, Women's Empowerment Principles (WEPs) and Nigerian Sustainable Banking Principles) that supports the different levels of engagement (healthcare, financial, social and career empowerment) aimed at different groups of women (women at large, women in business and women in career) in the society.

          Research limitations/implications

          The study findings are confined to the banks in Nigeria, focussing on how they empower women to participate in economic and commercial activities.

          Practical implications

          It is paramount that Nigerian banks consistently report their CSR initiatives. When designing these initiatives, it is equally important to incorporate WEPs, as they are specifically focussed on women.

          Social implications

          Due to their low-level institutional and financial development, it is important that Nigerian banks design their CSR initiatives to improve women empowerment. While initiatives should be targeted at women's well-being and physical health, it is important to steer women towards financial and social independence through loans, grants and mentorship.

          Originality/value

          To the best of the authors' knowledge, no other research study has examined how banks in an emerging market use their CSR activities to empower women to participate in financial activities.

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          Most cited references95

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          Using thematic analysis in psychology

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            TOWARD A THEORY OF STAKEHOLDER IDENTIFICATION AND SALIENCE: DEFINING THE PRINCIPLE OF WHO AND WHAT REALLY COUNTS.

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              Corporate Social Responsibility Theories: Mapping the Territory

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                Author and article information

                Contributors
                (View ORCID Profile)
                Journal
                International Journal of Bank Marketing
                IJBM
                Emerald
                0265-2323
                January 01 2021
                January 01 2021
                : ahead-of-print
                : ahead-of-print
                Article
                10.1108/IJBM-04-2020-0195
                761ba17a-2d14-4482-8027-02b21bda5190
                © 2021

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