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Financing Constraints and Workplace Safety by Nguyễn Hà Phước Trọng is a document available to read on EtoBox.
What is Financing Constraints and Workplace Safety about?
The paper investigates how financing constraints affect workplace safety, revealing that higher leverage and negative cash flow shocks lead to increased injury rates, while positive cash flow shocks decrease them. The findings indicate that inadequate investment in safety due to financial limitations can harm both worker welfare and firm value, with a notable decrease in firm value associated with rising injury rates. Overall, the study emphasizes the economic significance of workplace safety as a response
- Author
- Nguyễn Hà Phước Trọng
- Language
- EN