This study explored the effects that female board representation (FBR) on workplace safety. Note: ‘safety’ in this study is based on reported incidents. So consider that caveat. Data included 266 firms and 1,442 firm-year observations. Background: · “having female directors on corporate boards can influence a firm’s financial performance (Post and Byron 2015), social responsibility… Continue reading From the Boardroom to the Jobsite: Female Board Representation and Workplace Safety
Tag: ceo
“A good leader and a conscientious officer may have the best intentions in the world but may still breach that duty”: Fascinating legal case of CEO due diligence prosecution
Fascinating read of a CEO charged for not exercising due diligence, resulting tragically from a work-related death (Ports of Auckland Limited (POAL). Posted over multiple days, as it also covers work as done, critical risks, audits, indicators, inconsistent nightshift practices and more. Starting with due diligence: · “A good leader and a conscientious officer may have… Continue reading “A good leader and a conscientious officer may have the best intentions in the world but may still breach that duty”: Fascinating legal case of CEO due diligence prosecution
Throwing caution to the wind: the effect of CEO stock option pay on the incidence of product safety problems
Do CEO stock options negatively affect product safety? Possibly, according to this study. They compared CEO stock options and product safety recalls on FDA regulated companies between 2004 – 11. PS. Keep an eye out for next week’s compendium on leadership research 👍 Background: · “A central premise of agency theory is that organizations can align… Continue reading Throwing caution to the wind: the effect of CEO stock option pay on the incidence of product safety problems
Nothing to fear: strong corporate culture and workplace safety
Are ‘strong’ corporate cultures a blessing or curse for workplace safety? This study explored the question. Interestingly, they used machine learning to extract ‘cultural’ cues from CEO earnings calls. Cultural cues were scored based on the frequency of words relating to innovation, integrity, quality, respect and teamwork. They then compare company performance to the number… Continue reading Nothing to fear: strong corporate culture and workplace safety
Leading safely: The impact of generalist CEOs on workplace safety
Does the skillset of the CEO influence workplace safety? Yes according to this study. In the lead-up to next week’s leadership research compendium, this study evaluated whether generalist or specialist CEOs have a greater impact on OSHA reported safety incidents (note the limitation). Generalists are CEOs with wider industry experience (worked in more industries) whereas… Continue reading Leading safely: The impact of generalist CEOs on workplace safety
SafetyInsights.org 