Corporate Governance Mechanisms and Worker Exploitation: Examining the Role of Oversight, Accountability, and Human Rights under Pakistani Laws

Abstract

This article examines the intricate dynamics of corporate governance mechanisms and worker exploitation within the context of Pakistani laws. It delves into the importance of corporate governance in upholding transparency and accountability, juxtaposed against the persistent issue of worker exploitation, encompassing labor rights violations and unsafe working conditions. Through an overview of Pakistani laws and corporate governance frameworks, the article highlights the regulatory landscape governing corporate conduct and human rights protections. Furthermore, it explores the role of international standards and guidelines, such as the Universal Declaration of Human Rights and International Labor Organization conventions, in setting a framework for promoting and safeguarding human rights, including labor rights. The challenges in implementing effective governance mechanisms, such as enforcement issues and cultural barriers, are discussed, alongside recommendations for improvement, including strengthening legal frameworks and promoting ethical corporate culture. Ultimately, the article issues a call to action for ensuring worker rights and corporate accountability under Pakistani laws, emphasizing the need for strengthened enforcement mechanisms, promotion of ethical corporate culture, empowerment of workers, and engagement of stakeholders. Through collective efforts, it advocates for a more just, equitable, and sustainable society where worker rights are upheld, and corporate accountability is ensured.