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Why Did Walmart Require Its Suppliers to Sign a Code

question 68

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Why did Walmart require its suppliers to sign a code of basic labor and then hired outside auditing firms to inspect supplier factories?


Definitions:

Sarbanes-Oxley Act

A United States federal law that sets new or expanded requirements for all U.S. public company boards, management, and public accounting firms.

Tax Cuts

Reductions in the amount of tax that individuals or corporations are required to pay to the government.

Pension Protection Act

A law enacted in 2006 to strengthen the financial health of pension plans in the United States and protect retirees.

Underserved Youth

Young individuals who lack access to essential services and opportunities, such as education, healthcare, and employment, typically due to socioeconomic disparities.

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