I just summarised a recent paper that explored the role that regulatory violations/penalties have on repeat violation behaviour (and interestingly, how OHSAS 18001 is involved in this relationship).
Will be posted in the coming week or two.
This paper provided a very brief literature review of prior work showing the efficacy of violations on firm performance measures, which may interest you.
As expected, it’s a bit of a mixed bag but generally drifting towards violations with financial penalties having a positive effect.
Source: Fan, D., Yeung, A. C., Yiu, D. W., & Lo, C. K. (2022). Safety regulation enforcement and production safety: The role of penalties and voluntary safety management systems. International Journal of Production Economics, 248, 108481.
Link to the LinkedIn post: https://www.linkedin.com/posts/benhutchinson2_i-just-summarised-a-recent-paper-that-explored-activity-7070525854140805120-FHLl?utm_source=share&utm_medium=member_desktop
SafetyInsights.org 
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