Leveraging Corporate Social Responsibility for Poverty Alleviation: Exploring CSR Role in Socio-Economic Development in Iraq

Abstract

The present study investigates the role of corporate social responsibility (CSR) in mitigating poverty in Iraq by examining business-driven CSR initiatives aimed at fostering economic growth, sustainable development, and improving social conditions. In the context of post-conflict Iraq, where poverty is significantly influenced by global challenges and social inequalities, the research undertakes an in-depth analysis of CSR efforts across various industries. It explores how corporations contribute to poverty alleviation through initiatives in education, community collaboration, and economic empowerment programmes. Adopting a quantitative methodology, the study utilises a sample of 357 respondents from the business, government, and other relevant sectors to assess the impact of CSR on socio-economic indicators. The analysis was conducted using Smart-PLS to examine the relationships among variables. The findings reveal that CSR activities focused on health, education, and infrastructure significantly reduce poverty levels in the country. Furthermore, the reduction in poverty is shown to have a positive effect on enhancing economic growth.