STAKEHOLDER | GENERAL EVALUATION | PSYCHOLOGICAL EVALUATION | |
Unfavourable (costs) | Favourable (benefits) | ||
Children | Deprives opportunities for education | Following footsteps of parents leading towards socialisation and personal development | Lack of education inhibits psychological maturity |
Health Problems (e.g. breathing problems, chest pains, skin infections, bone deformation) | CL as best among given alternatives (see prostitution) since lack of options | Escape family violence | |
Little or no payment | Contributions of children’s earnings to household income (pride) |
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Physical/psychological/sexual abuse | Some employers provide meals and accommodation |
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Hazardous working environment (e.g. materials such as pesticides) |
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Malnutrition |
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Long working hours or slave-like employment |
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Families | Child labour deprives children (and families) of the opportunity for education thus prevents opportunities for higher long-term income | CL provides livelihood | Pity and fear for children, don’t want them to be treated badly or in danger |
Investors | Lower long-term profits | higher short-term profits | Reputation Dilemma (negative image might reduce sharholder value) |
Customers |
| CL enables consumers to buy goods cheaply (low price products) | Ethical Dilemma (support CL through buying cheap products) |
Governments (of country where CL takes place) | Child labour discourages FDI resulting in lower tax revenues | Low labour costs attracting FDI leading to higher tax revenues | Reputation Dilemma |
Increase in adult unemployment rate due to rock-bottom wages of children |
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Companies | Decline in revenue resulting from boycott of child labour products | Cutting costs by outsourcing and capitalising on CL | Ethical Dilemma |
Inexperience of children may bear losses | Low resistance, given that children have weak voice rights and no unions |
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