Quote:
Originally Posted by valo403
How do you draw a legal standard on the morality of taking care of a community? What does that mean? By injecting a better employment opportunity into the community have they not automatically taken care of that community? What degree of elevated action reaches the standard?
It should also be noted that acting in the interests of shareholders and the the community are not opposing forces. Companies are free to make decisions that may negatively impact share prices so long as they are informed decisions, there's no prohibition on investing in a community instead of paying out voluntary dividends.
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I am not arguing either way. I think it is a very hard thing to define in real life and nigh impossible to enforce. Unless every country mandates minimum standards for their employees, companies will follow cheap labour. Some argue, a "race to the bottom" has occurred in countries in an attempt to secure investment that does little to benefit the whole.
It is somewhat idyllic viewpoint that companies will pay more than they have to in interest of their employees. The only vote people have is with their dollar.