StudentShare solutions
Triangle menu

Corporations and aspects of Labour Law - Coursework Example

Nobody downloaded yet

Extract of sample
Corporations and aspects of Labour Law

The principles of fairness, transparency and accountability need to be incorporated in corporate governance for a sustainable development. The role of the government in providing the framework helps in establishing the benchmark or threshold for the companies to follow the best practices is very important because, it influences policy making in the corporate world and instill competition among the companies in the positive direction by reorienting their strategies to become good corporate citizens for a sustainable development in the long run. The paper seeks to study and analyse the impact of compliance with labour laws by the companies on corporate governance and corporate social responsibility (CSR), and the need for active regulatory intervention in tune with the environmental changes for economic development. Introduction Industrial peace in one of the important criteria for the development of the economy in a country, and the government through its policies provide the framework and regulate the industrial relations within the country. It is a prerequisite for the success of a business undertaking (or a not-for-profit organization or government department), because, the employees are the important stakeholders in an organization and their active cooperation is essential for the overall success of the CSR policies of the company and profitability. ‘Reflexive critique’ is one of the six key principles in action research: “An account of the situation through documentation such as notes, transcripts or official documents, in order to make implicit claims to be authoritative, i.e., it implies that it is factual and true. However, it must be noted that truth in a social setting, however, is relative to the teller.  The principle of reflective critique ensures people reflect on issues and processes and make explicit the interpretations, biases, assumptions and concerns upon which judgments are made.  In this way, practical accounts can give rise to theoretical considerations”. (O’Brien, 1998) In this paper, corporate governance and the corporate social responsibilities shouldered by the companies such as economic, legal, ethical and discretionary, in respect of labour relations and compliance with the labour laws have been analysed from this perspective. Liberalization and globalization of the economies and the consequent developments such as Business Process Outsourcing (BPO) in a large scale to the developing countries, the question of proper treatment of the employees with respect and dignity in these countries has also emerged in the backdrop of discrimination, child labour, poor wages and working conditions, in the recent years. Good corporate citizen (2007) states “Corporate citizenship recognizes that businesses have a responsibility to respect the individuals, the community and the environment in a way that when devising or implementing any rightful business strategy they will abide by laws and regulations, and adhere to high ethical standards”, and the role of employees is very important in this regard. This paper focuses mainly on employees as stakeholders, and seeks to answer the question ‘Does compliance with labour laws improve Corporate Governance and CSR?’ thereby improving the labour relations. It is also important to note that success ...Show more


Does compliance with labour laws improve Corporate Governance and CSR? Abstract The success of Corporate Social Responsibility (CSR) policies of the companies in meeting its obligations towards the various stakeholders including the employees in their business operations hinges on effective policy framework in respect of labour relations in a country…
Author : ucrist
Corporations and aspects of Labour Law essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the coursework on your topic
"Corporations and aspects of Labour Law"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

International Aspects Of Business Law
Now the matter of concern for the buyer namely, Nee Soon Wat was the extent of damage of materials in the dropped boxes. But after inspection of the dropped boxes he found that the objects were intact. So he formally accepted the goods and paid Sefton Toys for the consignment.
11 pages (2750 words) Coursework
Disturbance of corporate personality and law
From the research it can be comprehended that companies are still in the habit of offering bribes to officials of other states in order to get their products into those states faster. Also bribes offered to political heavyweights for smoother navigation of the product within the political climate of the state.
12 pages (3000 words) Coursework
International aspects of business law
One of the oldest forms of international trading is arbitrage, the discovery of lower prices in one market and profitable resale opportunities in other environments globally. For traders of commodities which require physical transportation and delivery to other markets, international agreements will apply to the transaction as well as to import taxes and duties.
8 pages (2000 words) Coursework
International Aspects Of Business Law
?…………...12 References Executive Summary In this case a complicated situation arose between the buyer and seller due to occurrence of some unfortunate events. The events occurred in between loading of cargo and the shipment of cargo to the agreed destination.
11 pages (2750 words) Coursework
Focus of the paper has been implied on section 1 of the Employment Rights Act (1996). Also, this paper aims to assess the implied terms being implemented in the Common Law followed by its obligations. Furthermore, the aspect of Garden leave will also be discussed in terms of practice in organizations following Common Law.
8 pages (2000 words) Coursework
Corporate law Coursework
English law, however, has long failed to recognise the phenomenon of corporate manslaughter and, consequently, corporate criminal liability towards deaths and injuries which are immediately traceable to corporate negligence, or inextricably linked to the use of a service or good extended by the corporation in question.
30 pages (7500 words) Coursework
Foreign investment law and international trade law

This report starts with addressing the trends, in the last five years or so, within International trade and foreign direct investment and give comments on the developing countries’ share in world trade in goods and services. It will then go on to the evaluation of the legal, political and economic effects of world trade liberalization.

9 pages (1250 words) Coursework
and viability of state monitored regulation of computer and telecommunications activities in the Computer Misuse Act (CMA) of 1990 in the past year, were the amendments to the Act came into force last summer that made a crime of ‘making, supplying or obtaining articles likely
12 pages (3000 words) Coursework
Legal Aspects of Contract Adminitration (LAW)
Statute rule has changed or reinstated the universal law with respect to a variety of features of contract law. As the contracts law in any country, the contract law in Australia also has
7 pages (1750 words) Coursework
Under the “Exceptions available for the Rule against Hearsay” the statement by Jyoti Williamson cannot be dismissed as mare hearsay because the statement can be categorized as a statement of presence sense impression. The statement gives a better
4 pages (1000 words) Coursework
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment
Contact Us