The current issue and full text archive of this journal is available at www.emeraldinsight.com/1755-4179.htm Shareholder and stakeholder theory: after the financial crisis Terence Tse ESCP Europe‚ London‚ UK Abstract Purpose – The recent financial crisis has restarted the debate of the value of both shareholder and stakeholder theories. This paper aims to continue this discussion. Design/methodology/approach – The paper reviews existing literature and examines the benefits and problems associated
Premium Stakeholder theory Stakeholder
Quick facts on sweatshops; > Girls between the ages of 15 and 25 make 85% of the workforce in sweatshops >Up to 75% of a sweatshop worker’s income is spent on necessities such as food‚ clothes‚ etc. >on average workers have a 60-80 hour workweek in a sweatshop > in china‚ 2009‚ about 1‚000‚000 workers were injured on the job and 20‚000 got sick from their work in hazardous conditions >Workers are forced to handle dangerous chemicals and glues in sweatshops with little or no protection > A child working
Premium Wage Nobel Peace Prize Nobel Prize
Flexible Specialisation and the persistence of the sweatshop Sweatshops are known to be a mass of workers mass-producing goods they may never be able to afford themselves. The sweatshop rose to meaning as work moved off the farm and into the city‚ and employers found a limitless amount of so called labourers to make their products. The low entry costs and high labour intensity linked with the textile industry tended to concentrate sweatshops in clothing production. As industrialization grew‚ labour
Premium Sweatshop Wage Employment
Sweatshops Throughout the years‚ United States businesses have had to face protests from government officials‚ labor leaders‚ and student organizations due to employing sweatshop labor. If you are unaware of what sweatshops are‚ they are generally characterized as a place of employment that have very low pay‚ very long hours of work‚ and terribly poor working conditions. After hearing this‚ most people would assume that is awful and they should be illegal and banned immediately from all countries
Premium Sweatshop
In this day and age‚ multinational corporations control the market‚ the time of the local taylor and mom-and pop stores are over. While these companies sell goods in 1st world countries‚ their produce comes from sweatshops primarily in developing nations. Sweatshops are not legal; they are defined by the US Department of Labor as factories that violates 2 or more labor laws. The government of these third world countries and the corporations are at fault. While they line their pockets‚ their workers
Premium Sweatshop Corporation Third World
Managerial Stakeholder Theory To predict real-life phenomena we need theories. Similarly‚ stakeholder theory is a theory which is used to explain the phenomena of motivation for corporate social disclosures. This research work is based on the concept of stakeholder theory and its practical applications in predicting the phenomena of corporate social disclosures (van der Laan 2009). Further there will be explanation of Managerial stakeholder theory. The concept of stakeholder theory has got popularity
Premium Management Stakeholder theory Stakeholder
taking drugs relates to Stakeholder Theory as the associated implications negatively impact all stakeholders. This paper will explore the impacts of the risks
Premium Law Occupational safety and health Management
Mini research on sweatshop A sweat shop is a work place‚ often a factory in which employees work long hours at low wages under poor conditions. It is defined by the US department of labour that violates two or more labour loss. Sweatshop is a light-hearted game based upon very present realities that many workers around the world contend with each other. In developing countries‚ an estimated 250 million children ages 5-14 are forced to work. Products that commonly come from sweatshops are shoes‚ clothing
Premium Sweatshop Child labour Slavery
Ethics and sweatshops Companies want to maximize profits‚ while employees want to maximize salaries and benefits. Unfortunately these two desires do not always go hand in hand. The best way for a company to treat its employee how they wish to be treated. Make decisions that are in the best interest of all stakeholders. The Golden Rule still holds true. Companies have a responsibility to its employees and employees have a responsibility to its employer. When leadership treats its workers unfairly
Premium Ethics Business ethics
Nowadays‚ sweatshops are becoming more and more obvious all around the world‚ especially in the developing countries. In the article “Two cheers for sweatshops”‚ Nicholas D Kristof and Sheryl WuDunn note that sweatshops play an important role not only in people’s daily life but also in the national economy‚ even though there are some shortages of them. However‚ Tom Hayden and Charles Kernaghan give their idea in “Pennies an hour and no way up”‚ that the conditions of workers in sweatshops should be
Premium Working class Nicholas D. Kristof Wage