Why do we keep hearing about labor abuses in overseas factories like those of Apple-supplier Foxconn? Auditing and inspections are inadequate to solve the problem. Requiring companies to examine and publicly report on risks along their supply chains can help eliminate violations.
Apple CEO Tim Cook this week met with Chinese officials and toured a plant owned by Foxconn, which manufacturers parts for Apple.
A new report indicates that workers at Apple suppliers in China are paid much less than their counterparts elsewhere in the world.