Abstract

In this paper, using Bangladesh as an example, I discuss the unique economic and socio-political factors that give rise to minimal social auditing and maximum monetary satisfaction for Transnational Companies. I suggest that for improved labor practices to gain momentum, there is a requirement of ideological change relating to the notions of free markets and privity of contracts with help of bilateral treaties between home and host countries to take care of contingencies arising out of the factory supply chain business model.

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