Social Sustainability: Regulation and Practice for Multinational Companies in Developing Countries

Social Sustainability
Regulation And Practice
Name
Institution
Tutor

Introduction
• Social sustainability is a framework employed in organizations to
promote the wellbeing of their members’ while ensuring there is a
maintenance of a healthy community (Gal, Akisik, & Wooldridge,
2018).
• An organization that aims to achieve social sustainability has an
advantage of;
 Unlocking new markets
Innovating new service lines or products
 Retaining and attracting new business partners
 Improving employee engagement, internal morale, and productivity
(Saeidi et al., 2015), and
Enhancing the company-community conflict resolutions.

The social responsibility regulation and practice based on the
case study, ‘Third-world families at work: Child labor or child
care?’
• Understanding social responsibility regulation and practice is key to the success of a
multinational company in the developing countries (Köksal, Strähle, & Müller, 2018)
• From the case study, various aspects of the social dimension of corporate sustainability
can be enumerated.
 Child labor
• Most of the manufacturing companies in developed countries prohibit the use of child
labor and encourages employee empowerment and diversity (David, Katz, & Kearney,
2006).
• However, in most of the developing countries, child labor, poor nutrition, and
exploitation of the workers is common.
• Therefore, they need to ensure that all the practices carried by the company are in
accordance with their ethical standards
• This was the problem encountered by Jonathan Stein of Timothy & Thomas company in
the Lahore plant in Pakistan (Nichols, 1993).