nike

Nike is a huge supplier if athletic shoes for the world these days. Philip H. Knight, the founder of this corporation came up with an idea of an athletic shoe at the track field of the University of Oregon. Now it has become a leader in the global economy. Nike has helped the economy by employing more than 500,000 people, worldwide. The company has contributed in finding a positive policy for minimum wage. Minimum wage laws …

…solving this problem. Nike corporation has already paid significant amounts of Pigovian taxes to improve air quality and temperatures in their footwear factories. Since none of the factories had to shut down the taxes were apparently not that horrible for Nike. Nike at this time knew the situation could not be resolved. Nike has changed there working environments for their employees from past mistakes. Hopefully Nike and the Universities can come to some reasonable conclusion.