Title: To influence corporate OH&S performance through the financial market
Authors: Tore J Larsson, Erik Mather, Geoff Dell
Addresses: School of Technology and Health, Royal Institute of Technology, Marinens vag 30, 13640 Haninge, Sweden. ' Head of Governance Advisory Service, Level 14, Chifley Tower, Sydney NSW 2000, Australia. ' Safety Institute of Australia, Melbourne, PO Box 2069, Taylors Lakes, Vic 3037, Australia
Abstract: The systematic management of work environment and occupational risks was investigated with the help of a desktop audit to the 150 largest companies on the Australian stock market. The aim of this was to rate companies on their safety management system and to choose those best-of-sector to be included in a OH&S-screened share investment portfolio. The results of the screening, and the indicated performance of the investment portfolio thus compiled, show that there is a link between corporate safety management and share value.
Keywords: investment policy; safety management; share value; stock market; work environment; occupational risks; occupational health and safety; financial markets; corporate performance.
DOI: 10.1504/IJRAM.2007.011735
International Journal of Risk Assessment and Management, 2007 Vol.7 No.2, pp.263 - 271
Published online: 20 Dec 2006 *
Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article