Fair Trade as a Solution for Inequality on the Global Market - Corporate PerspectiveReport as inadecuate




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FIP - journal of finance and law, Vol.4 No.1 March 2016. -

New alternatives to free trade are evolving at the global market; their

aim is to bring more ethics and morality into the relations between the trading parties

producers, corporations and buyers. This article analyses one of such alternatives i.e. Fair

Trade from the perspective of influencing change of corporate politics. Due to the rising

awareness of buyers about the origin of goods and the initiatives of forcing corporations

into changing their practices based on unethical treatment of workers in the 3rd world

countries, alternative ways of trade are becoming part of traditional corporate environment

in the free trade chain. By elaborating fundamental principles of certification process,

the article gives an answer to the question of creation of added ethical value in the

aspect of positioning corporations in the -new economy-.

Fair Trade; corporate social responsibility; sustainable development; business ethics



Author: Sandra Lovrić - ; University College EFFECTUS - College for Finance and Law,

Source: http://hrcak.srce.hr/



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