Asked by Jocelyn Lopez on Sep 27, 2024

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Corporate codes of conduct have proven to be highly effective in stopping labor exploitation and environment abuse by large, multinational corporations.

Corporate Codes

Voluntary guidelines or principles adopted by corporations to govern their conduct in areas such as labor practices, ethics, and environmental performance.

Labor Exploitation

The unfair treatment of workers, often through inadequate wages, poor working conditions, and excessive working hours, without proper compensation or rights protection.

Multinational Corporations

Companies that operate in various countries around the world, managing production or delivering services in more than one country.

  • Acquire knowledge about the foundation, goals, and performance of corporate conduct guidelines.
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Verified Answer

AW
Anthony Williams Jr2 days ago
Final Answer :
False
Explanation :
While corporate codes of conduct have the potential to address issues of labor exploitation and environmental abuse, there is evidence that they are often not effectively implemented or enforced. Many corporations have been found to violate their own codes of conduct, and there are calls for more rigorous oversight and accountability mechanisms to ensure compliance.