Fitxers
Tipus de document
ArticleVersió
Versió acceptadaData de publicació
Tots els drets reservats
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/106266
Empirical analysis of the incidence of accidents in the workplace on firms' financial performance
Títol de la revista
Director/Tutor
ISSN de la revista
Títol del volum
Recurs relacionat
Resum
This paper performs an empirical analysis on the incidence of labor accidents on firm financial performance. With data on financial statements and labor accidents of 299 Spanish firms for 6 different years we perform panel data estimations and find a negative influence of accident rate on return on assets, as well as on abnormal return on assets. The incidence of accident rate is not shown up immediately in the profit and loss statements. It is mainly realized in the future. We find a significant negative influence in one year ahead financial performance. This finding suggests that labor accidents are disruptors of business operations, affecting mostly to value-added activities related with long term coordination and planning. Results are robust across different estimations methods and with estimations with different control variables.
Matèries (anglès)
Citació
Col·leccions
Citació
ARGILÉS BOSCH, Josep M., et al. Empirical analysis of the incidence of accidents in the workplace on firms' financial performance. Safety Science. 2014. Vol. 70, num. December, pags. 123-132. ISSN 0925-7535. [consulted: 16 of August of 2026]. Available at: https://hdl.handle.net/2445/106266