Sure; all kinds of motives may be involved. It would be interesting to read a study on how these laws and their practices have worked in practice and what kind of issues have been reported. From the article's references I found this:

https://www.alumni.hbs.edu/stories/Pages/story-bulletin.aspx...

I suppose much of the reports have been about financial mishandling, work safety, and such things, maybe things like environment protection violations thrown in.