A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Employees are an integral part of a company’s sustainable growth and they expect a safe working environment. Therefore, analyzing the factors that affect employee safety is important. In this context, we analyze the effect of corporate social responsibility investment on employee safety. Using Korean listed company data from 2012 to 2014, we regress corporate social responsibility scores on workplace injuries. The Ordinary Least Square (OLS) regression results show that higher corporate social responsibility scores are associated with fewer working days lost owing to workplace injuries. Moreover, while workplace injuries have a clear negative effect on firm value, corporate social responsibility activity significantly reduces this negative effect. Our findings imply that investment in corporate social responsibility can improve workplace safety and contribute to a company’s sustainable growth.
Employees are an integral part of a company’s sustainable growth and they expect a safe working environment. Therefore, analyzing the factors that affect employee safety is important. In this context, we analyze the effect of corporate social responsibility investment on employee safety. Using Korean listed company data from 2012 to 2014, we regress corporate social responsibility scores on workplace injuries. The Ordinary Least Square (OLS) regression results show that higher corporate social responsibility scores are associated with fewer working days lost owing to workplace injuries. Moreover, while workplace injuries have a clear negative effect on firm value, corporate social responsibility activity significantly reduces this negative effect. Our findings imply that investment in corporate social responsibility can improve workplace safety and contribute to a company’s sustainable growth.
Corporate Social Responsibility and Employee Safety: Evidence from Korea
2020
Article (Journal)
Electronic Resource
Unknown
Metadata by DOAJ is licensed under CC BY-SA 1.0
Does Employee Quality Affect Corporate Social Responsibility? Evidence from China
| DOAJ | 2020
Effects of Corporate Life Cycle on Corporate Social Responsibility: Evidence from Korea
| DOAJ | 2018
Bank Employee Perceptions of Corporate Social Responsibility Practices: Evidence from Egypt
| DOAJ | 2022
Related Party Transactions and Corporate Social Responsibility: Evidence from Korea
| DOAJ | 2022
Corporate Social Responsibility and Sustainable Employability: Empirical Evidence from Korea
| DOAJ | 2021