Physiology 2075G Lecture Notes - Lecture 6: Setos, Operations Management, Working Poor
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Labour standards in the global economy: issues for investors. Global labour standards emerged as a new and important area of concern for socially responsible investors, espe(cid:272)iall(cid:455) (cid:449)ith (cid:396)espe(cid:272)t to i(cid:374)(cid:448)est(cid:373)e(cid:374)t i(cid:374) the (cid:862)p(cid:396)o(cid:271)le(cid:373)ati(cid:272)(cid:863) foot(cid:449)ea(cid:396), appa(cid:396)el, a(cid:374)d to(cid:455) i(cid:374)dust(cid:396)ies. A(cid:374) e(cid:454)a(cid:373)i(cid:374)atio(cid:374) of this histo(cid:396)i(cid:272)al (cid:272)o(cid:374)te(cid:454)t reveals a promising middle ground in this ongoing debate. (rivoli) Vi(cid:396)tuall(cid:455) all (cid:862)(cid:374)a(cid:373)e (cid:271)(cid:396)a(cid:374)d: fi(cid:396)(cid:373)s e(cid:373)plo(cid:455) i(cid:374)depe(cid:374)de(cid:374)t (cid:272)o(cid:374)t(cid:396)a(cid:272)to(cid:396)s a(cid:396)e lo(cid:272)all(cid:455) o(cid:449)(cid:374)ed a(cid:374)d p(cid:396)odu(cid:272)e fo(cid:396) a variety of retailers. As a result, while the u. s firms certainly have influence bargaining power as purchasers, they do not directly control working conditions in the factories. For most investors involved with this issue, the fundamental matter of concern is the protection of human rights in the workplace. The extent to which workers are or are not accorded these rights may be assessed by a number of measurable criteria, including those discussed.