To influence corporate OH&amp;S performance through the financial market

Larsson, Tore J; Mather, Erik; Dell, Geoff

doi:10.1504/ijram.2007.011735

Cited by 14 publications

(7 citation statements)

References 4 publications

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“…Friedmann et al (2000) and McKevier and Gadenne (2005) suggest that daily survival is the number one priority for companies, and Spence and Rutherfoord (2001) framed profit maximization as the top priority for many managers of small enterprises whom they interviewed. Interestingly, Larsson, Mather, and Dell (2007) concluded that more profitable companies put a higher priority on good work environment, with the possible explanation that such companies also have more resources to invest in OHS. This finding generates a question to be answered in further research: Is there a relationship between a company's economic success and workers' perceived work environment practices?…”

Section: Discussionmentioning

confidence: 99%

A comparison of managers' and safety delegates' perceptions of work environment priorities in the manufacturing industry

Nordlöf

Wijk

Lindberg

2011

Hum Ftrs & Erg Mfg Svc

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This study investigated the attention and priority accorded to factors of work environment within manufacturing companies, as perceived by managers and safety delegates at small-and medium-sized enterprises. Representatives from 142 Swedish manufacturing companies answered a 43-item questionnaire covering seven areas of the work environment and a priority-ranking question of company interests. Respondents (n = 249) rated the present situation and the situation one year earlier, using a visual analogue scale. The findings showed that both managers and safety delegates ranked profitability as the main company interest. Respondents rated the priorities of the work environment currently as higher than one year earlier (p = < 0.05). Managers rated the priorities of the work environment higher than did the safety delegates (p = < 0.05). We conclude that the two professional roles, manager and safety delegate, differ in their perceptions regarding to what extent different work environment factors are being attended to. C 2011 Wiley Periodicals, Inc.

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Section: Discussionmentioning

confidence: 99%

A comparison of managers' and safety delegates' perceptions of work environment priorities in the manufacturing industry

Nordlöf

Wijk

Lindberg

2011

Hum Ftrs & Erg Mfg Svc

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“…For example, Larsson, Mather and Dell (2007) and a closely related working paper, Westpac Investment Management (2000), provide one of the first attempts to assess the impact of OHS filters on portfolio performance of Australian firms. These studies invariably refer to corporate OHS policy and practices.…”

Section: Literature Reviewmentioning

confidence: 99%

“…These studies invariably refer to corporate OHS policy and practices. For example, Larsson, Mather and Dell (2007) and a closely related working paper, Westpac Investment Management (2000), provide one of the first attempts to assess the impact of OHS filters on portfolio performance of Australian firms. The top 150 Australian-listed firms were 'filtered' on the basis of OHS ratings supplied by the Monash University Accident Research Centre (MUARC): resulting in the exclusion of 5 1 of the 150 stocks.…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Occupational Health and Safety Policy on Firm Value

Heaney

Irlicht²

2007

J of App Econs and Policy

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There have been few studies that analyse the impact of OHS on the value of' Australian firms; yet this is an important area of business for both small and large businesses. In this paper we pay particular attention to the impact qf' Victorian Workcover Authority prosecutions of listed Australian firms. USA based research shows that OHS prosecutions have a negative impact on firm value and we find some evidence to support the existence of negative share price reaction to OHS prosecution in our sample of listed Australian$rms.

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“…Without contentions, it can be argued that systematic and functioning OHSM systems and practices among organizations save lives and improve the quality of life of workers [ 21 ]. However, what determines an efficient OHSM practice even in accordance to literature differs in context and dimensions [ 20 , 22 , 23 ] due to several challenges such as the lack of commitment [ 21 ], lack of knowledge [ 24 ], lower financial resources [ 24 , 25 ], and giving priorities to production and operational activities whiles completely ignoring the safety of workers [ 19 , 20 ].…”

Section: Introductionmentioning

confidence: 99%

Improving the Safety–Performance Nexus: A Study on the Moderating and Mediating Influence of Work Motivation in the Causal Link between Occupational Health and Safety Management (OHSM) Practices and Work Performance in the Oil and Gas Sector

Nkrumah

Liu

Fiergbor

et al. 2021

IJERPH

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The preventive systems required to ensure workers are protected from occupational accidents and injuries dwell heavily on effective occupational health and safety management (OHSM) systems and practices. In this study, the concepts of the job demand-resource model (JD-R), self-determination theory (SDT), and perceived organizational support for safety (POSS) theory were adopted to develop a holistic conceptual model that seeks to unravel moderating and mediating effects of work motivation on the causal link between OHSM practices and work performance in the oil and gas sector. The study measured OHSM practices from six distinct safety dimensional perspectives and work performance using a two-dimensional distinct construct that assesses different aspects of positive work behaviours. A quantitative research approach through the structural equation modelling analysis technique was applied. A total of 1310 participants were selected across three major organizations that represent downstream, upstream, and middle stream of the Ghanaian oil and gas sector. Respondents were recruited through stratified, purposive, and convenient sampling techniques. The findings from the path estimate through the SEM analysis suggested that OHSM practices positively and significantly influenced both safety performance and task performance of employees. However, OHSM practices indicated a higher positive significant influence on task performance than safety performance. The significant influence of OHSM practices on both task and safety performance was significantly moderated and partially mediated by work motivation, while both task performance and safety performance were significantly determined by work motivation. In this study, the dimensions for assessing work performance extend the performance theories established in previous literature, whereas the integrated multifaceted OHSM practices employed diverge from the traditional individualistic approach by providing insights into more flexible managerial practices that are employee-centred and outcome-oriented. The findings from this study address the need for organizations to appreciate the importance of managing workers’ perception of OHSM practices as a motivational drive that induces work performance.

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To influence corporate OH&S performance through the financial market

Cited by 14 publications

References 4 publications

A comparison of managers' and safety delegates' perceptions of work environment priorities in the manufacturing industry

A comparison of managers' and safety delegates' perceptions of work environment priorities in the manufacturing industry

The Impact of Occupational Health and Safety Policy on Firm Value

Improving the Safety–Performance Nexus: A Study on the Moderating and Mediating Influence of Work Motivation in the Causal Link between Occupational Health and Safety Management (OHSM) Practices and Work Performance in the Oil and Gas Sector

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