COMM 104 Lecture Notes - Lecture 15: Developing Country, Labor Rights, Foreign Corporation
29 Apr 2016
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Document Summary
Receiving recognition for corporate, social, and ethical responsibility. Ngo and msn (maquila solidarity network) exchanged info about factory working conditions. Forced pregnancy tests, high quotas, dust exposure, refusing to tolerate trade unions even though it was their legal right. Public defamation of illegal practices by gildan affected their reputation and bottom line, forcing them to redirect their policies by joining the fair labour association. Required supplier to follow a code of conduct. Received complain saying they once again violated the fla"s code. Complaint filed through worker"s rights consortium gildan associated and bound by these rules (due to a deal they made with university"s the supply their products to) Real assets investment management divested shares from gildan after they shut down the honduras factory totally ignoring and denying their violations. Economic globalization = processes of integrating businesses beyond national borders through global sourcing, global networks/managers, and global markets.
