Empirical analysis on contribution share of safety investment to economic growth: A case study of Chinese mining industry

Incorporating Workplace Injury to Measure the Safety Performance of Industrial Sectors in Taiwan

“…Workplace injuries can be regarded as a proxy for firms' safety performance [22]. Previous researchers have shown that over 80% of accidents result from unsatisfactory management [22,27,28].…”

“…Previous researchers have shown that over 80% of accidents result from unsatisfactory management [22,27,28]. Accidents may develop from a sequence of deficiencies involving poor safety management and poor comprehensive management systems [22,29,30].…”

“…Previous researchers have shown that over 80% of accidents result from unsatisfactory management [22,27,28]. Accidents may develop from a sequence of deficiencies involving poor safety management and poor comprehensive management systems [22,29,30]. Workplace injuries can also contribute to employee stress and job dissatisfaction and further increase turnover rates [31][32][33].…”

“…Employee turnover leads to the loss of valuable knowledge and skills that employees have developed throughout their experience and training, and to the loss of organizational memory, which negatively affects a firm's productivity and business performance [4][5][6][7]. Thus, workplace injuries are unwelcome byproducts of economic activity [12,22]. Researchers have begun to consider workplace injury rates as unwelcome (undesirable) outputs in assessing the safety performance of business operations in a single sector or industry (e.g., [11][12][13][14]).…”

“…A number of studies on workplace injuries use econometric models to investigate the factors affecting safety performance (e.g., [1,22,[34][35][36][37]). In addition, some studies focus on the prevention of errors in business operations that can reduce safety risks for hospital workers [38], airline workers [39], and highway traffic workers [40], among others.…”