Corporations Quote by Vincent A. Gallagher
““The fact that the United States has political, economic, and legal structures that do indeed create incentives to control hazards (in the workplace) is one the reasons the corporations have moved to Latin America and Asia.””
About This Quote
Source Report: Corporate Risk Management, 2018
Corporate structures incentivize hazard control, prompting relocation to regions with looser regulations, raising ethical concerns.
In simple terms: Corporate incentives drive hazard‑control relocation.
Consider ethical impacts of corporate moves.
Themes
Mood
Type
When to use this quote
- manufacturing
- supply chain
- environmental policy
Key Concepts
Questions to Reflect On
- Should companies prioritize profit over safety?
- How can regulations be enforced globally?
Economic benefits may outweigh ethical considerations for some firms.