Maintaining Control: Transnational Companies & Regulatory Bodies Essay

This essay examines the necessity of controlling transnational companies through regulatory bodies, arguing against treating them as if they were human beings. It explores the importance of maintaining proper control to achieve corporate goals, emphasizing the need for strict adherence to rules and regulations over emotional considerations. The essay discusses various challenges faced by transnational companies, including emotional factors, employee holidays, and the need to respect national sovereignty and domestic laws. It also highlights the importance of adhering to economic goals, cooperating with governments, and reviewing contracts to maintain a proper code of conduct. Furthermore, the essay underscores the significance of respecting human rights, avoiding political interference, and adhering to socio-cultural objectives to ensure effective regulation and achieve positive outcomes in the global market.

Social Science

Social Science
“In order to bring transnational companies under the control of regulatory
bodies it is necessary to stop treating them as if they are human beings”.
According to the statement given above it can be said that to maintain proper control of the
regulatory bodies in transnational companies it is important to stop treating as if they are human
beings. By considering the statement it can be analyzed that it is important for the transnational
companies to maintain proper control of the regulatory bodies so that it is can be easy to
accomplish goals and objectives. If there is no proper control of the regulatory bodies then it can
affect the overall operation of the company.
Control of regulatory bodies simply states that there should be proper regulatory agency which
simply considers the governmental body which is made by the legislature as it helps to focus on
some particular laws. By relating the statement with the human beings means that the emotional
and various other factors related to human beings should not be considered in the transnational
companies as it can affect the overall growth of the company in the market (Rottig, 2016).
By relating with the human beings it can be seen that there are various factors which should be
not considered by the company of the human beings and focus should be given on
implementation of proper rules and regulations in the workplace or in the companies. It can be
seen that to achieve success in the competitive market it is important for the transnational
companies to focus on considering the overall rules and regulations. The emotional factors
should not be considered of the employees in the workplace as it can affect the overall working
pattern. By emphasizing on the overall operations of the company it is necessary for the
company to focus on achieving goals and objectives (Stephens, 2017).
It can be stated that company should emphasize on considering the entire policies of the
workplace or the country in which the activities are managed. In context to human beings there
are various factors which affect the working pattern of the company. The company can only
consider proper rules when focus is not given on the factors related to human beings. There are
many employees in the workplace who have different factors and if management start focuses on
the factors related to human beings then it can impact the overall level of productivity of the
employees. There are many employees who are emotional and can start reacting to every
situation. In this case if company or the management start considering the emotional factors of
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the employees then it would not be possible for the company to implement the rules and
regulations in an effective manner (Picciotto and Mayne, 2016).
The statement which is mentioned above states that to maintain control in the workplace it is
important to stop treating as human beings. Through this it can be easily depicted that there are
various challenges faced by the transnational companies in relation to the human beings. One of
the challenges which are faced by the companies is related with the emotional factors. It can be
seen that the companies has to face the issues as there are many employees in the workplace who
are emotional. In this case the management is not able to convey the exact information with the
employees. It is evaluated that if management give feedback to the employees then it can
demotivate them and it can also lead to negative affect on the people who are emotional. This
can sometimes lead to low productivity and also it can be the issue related to retaining the
employees in the workplace. So, sometime management of the company has to consider the
decision which is not beneficial for them. Therefore, by considering this case it can be stated
that transnational companies under the control of the regulatory bodies should focus on stop
treating as the human beings (Braithwaite, 2018).
The next challenge faced by the company due to human beings relates with the holidays which
are offered to the employees in the workplace. It has been seen that there are many employees in
the workplace who ask for more holidays by giving reasons which are accepted by the company
by being emotional. They are not able to implement the policies or the framework given by the
government in the workplace. It is important for the company to focus on maintaining proper
workplace policies so that it can be easy to accomplish goals and objectives according to the
given framework by the regulatory bodies. If proper policies are not considered and holidays are
given according to the need of the human beings then it can affect the overall working pattern of
the company and also it can negatively impact the other employees in the workplace
(Weissbrodt, 2017).
It has been examined that transnational companies should focus on maintaining respect for
national sovereignty and also observe domestic laws, rules and regulations. It is important that
transnational companies should focus on considering the national sovereignty of the countries in
which the activities are managed so that it can be simple to focus on proper rules and regulations.
If human activities are considered by the transnational companies then it would not be possible
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to focus on managing the national sovereignty. It can be seen that there should be strict rules
followed by the transnational companies so that it can be easy to manage the overall rules and
regulations of the company (Chandler, 2017).
There are transnational companies who are managing their activities in different states. So, it is
important for them to focus on the rights of each state to regulate and to evaluate the overall
activities of their entities and it will help to manage it within the territory.
If proper rights are not considered than it can be difficult for the company to achieve success in
the competitive market. Also they rights of each state should be considered by not involving the
human beings. It is important for the company to specify the activities according to the overall
rules and regulations so that it can be easy to attain growth in the competitive market (Kotabe
and Kothari, 2016).
The regulatory bodies states that transnational companies should adhere the overall economic
goals and also the development of the objectives which are set by the governments of the
countries so that it can be easy to achieve the goals in a positive manner. It is important for the
transnational companies to cooperate with the government of the countries in which they manage
the activities with the view of contributing to the overall process of development. Transnational
companies should focus on managing the relations with the countries so that it can be simple to
attain the positive outcome. By considering the emotional factors of the human it can be seen
that companies will not be able to achieve success in the competitive market. So, it is necessary
to focus on maintaining proper code of conduct by the transnational companies so that it can be
simple to accomplish goals and objectives (Ives, 2017).
Transnational companies should also focus on reviewing and renegotiation of the contracts so
that it can be easy to maintain proper code of conduct. It has been seen that contracts between the
governments and transnational companies should be negotiated in a proper manner so that it can
be easy to maintain proper faith in the workplace. In these types of contract it has been seen that
review or renegotiation clauses should be maintained in an effective manner (Wright, 2017).
Also, it can be seen that in the absence of these types of clauses, the transactional companies
should maintain their faith or co – operate with the governments so that it can be easy to achieve
goals and objectives. If transactional companies focus on the need of the human being then it
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can be difficult for them in maintaining the activities by proper equality in the workplace. It has
been seen that if companies start focusing on the need of every employees then it can be difficult
to maintain proper rules in the workplace. It can be stated that individuals or the employees have
different needs and it is necessary for the transactional companies to make the policies which are
equal for the employees, as it can help in maintaining equality in the workplace (Kaufmann,
2017).
Under proper regulatory bodies, it is important for the companies to adhere socio cultural
objectives and values so that it can be easy to attain positive outcomes. It is important for the
transnational companies to focus on social and cultural objectives and also on the values and
traditions of the countries as it can affect the overall working pattern of the companies in the
market. Also it has been seen that economic and technological development is considered by the
social change in which the transnational companies should focus on avoiding the practices
related to human beings as it can lead to the detrimental effects on the overall pattern of the
culture and also on the objectives related to socio culture as stated by the governments. So, it has
been seen that transnational companies should respond in the positive manner to the requests of
the government. It can be examined that it will help in managing the overall activities of the
company and will also give positive impact on the overall goals and objectives (Kennedy, Welch
and Monshipouri, 2017).
To bring transnational companies under regulatory bodies it is important to focus on considering
human rights and fundamental freedoms. It is necessary for the transnational companies to
respect the human rights and fundamental freedom in the countries as it can lead to maintaining
the social and industrial relations. It is important for the transnational companies to focus on not
discriminating on the basis of race, color and sex of the human beings. Transactional companies
should take into consideration the government policies which are designed to extend the equality
of the overall treatment and opportunities.
To bring the transactional companies under the proper code of conduct it is necessary to focus on
maintaining the code of conduct not according to the human beings but code of conduct should
be considered by taking into consideration the overall policies and rules implemented by the
government. By maintaining proper code of conduct it can be easy for the companies to maintain
equality in the workplace as it will help to enhance the working environment. Transnational
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companies should focus on respecting the laws and regulations so that it can be easy to maintain
the Security Council decisions (Perlmutter, 2017).
It has been examined that transnational companies managing their work in Southern Africa
should focus on considering the national laws of Southern Africa so that it can be easy to
maintain the entire decision related to the overall Security Council.
The last factor that should be considered by the transnational companies relates with the non-
interference in the political affairs. It has been seen that transnational companies should not
emphasize on the internal political affairs of the countries as it can help in managing the
activities in the smooth manner. Also, transnational companies should not focus on interfering in
the inter-governmental relations as it can impact the growth of the company.
So, by focusing on the entire paper it has been concluded that to bring transnational companies
under the control of regulatory bodies it is necessary to stop treating them as if they are human
beings. It simply states that proper rules and regulations should be considered by the companies
without considering the different requirement of the individuals. Transactional companies should
emphasize on considering the different laws and rules of every country so that the activities
which are conducted by them can help them to attain the competitive advantage which is
prevailing in the market. Social cultural objectives and values should be considered by the
transactional companies as it can accomplish the set targets by the companies in the competitive
market.
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References
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