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We study how ownership structure, in particular public listing status, relates to workplace safety and productivity tradeoffs. Theory offers competing hypotheses on how listing-related frictions affect these tradeoffs. We exploit detailed asset-level data in the U.S. coal industry and find that...
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This study examines the impact of corporate governance on airline safety. Using data from seventy countries during the period 1990 to 2016, we observe a negative relationship between indicators of quality of corporate governance and the accident rate of an airline. Specifically, our results...
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This study uses insights from the political perspective on corporate governance to investigate the influence of geographic concentration of institutional blockholders on workplace safety violations. When institutional investors who have a blockholding stake (i.e., institutional blockholders) are...
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The board of directors provides overall strategic direction for the company. Generally directors are not required to become involved in the day-to-day management of corporations. With the recent amendments to occupational health and safety (“OHS”) laws, directors' duties have been expanded....
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We examine how shareholder litigation affects workplace safety. To identify a causal impact, we exploit the staggered adoption of Universal Demand (UD) laws by U.S. states, which lowers shareholder derivative litigation risk. Using establishment-level injury data and a Covid-19 exposure dataset...
Persistent link: https://www.econbiz.de/10013233705