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Article

Spanish

ID: <

oai:doaj.org/article:ff30b80320d948d8b29c15ef06ed1634

>

Where these data come from
Epistemology of labour legislation with a view to financial management in the private sector

Abstract

The purpose of this Article is to establish the impact of global labour law on the financial management of private sector companies, by addressing the origin of labour law and the applicability of laws in organisations, in order to respond to the problems encountered by private sector organisations in striking a balance between compliance with labour standards and the protection of their financial integrity. To this end, this article focuses on: contextualise the epistemology of labour legislation and established regulations for the protection of workers, identify the elements that contribute to sound financial management in private sector organisations and analyse the impact of labour standards on the development of corporate financial management. Methods were used for this study such as: deductive, bibliographical, descriptive, synthetic and analytical, for the collection, analysis and interpretation of the different sources consulted. As a result, it was possible to establish that there is a great debate on the impact of laws on companies, where several authors argue that they may cause irreparable damage to the continuity of an organisation. It is concluded that labour law alone cannot exert a situation of instability in companies, it also depends on economic indicators, the proper interpretation of financial statements and the management exercised by managers for the approach to economic, financial, employment, legal and social constraints.

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