The influence of employee health and safety policies on the value of the organization

José Antonio Muñiz, Charles Larkin and Shaen Corbet

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Introduction: This study investigates the impact of Health and Safety (H&S) policies on the valuation of over 2,000 U.S. organizations, where results indicate the existence of a significant positive value elevation as a result of successful H&S Employee Policies implementation, with evidence of moderate variation partly attributed to the influence of the Patient Protection and Affordable Care Act (ACA). Results: We find that the observed impact of H&S policies on organization value is not an implicit reaction to COVID-19 pandemic policy implementation, but a consistent trend over a prolonged period, underscoring the strategic importance of H&S policies in corporate valuation. Practical applications: The study presents a series of tests that demonstrate the specific benefit of H&S Policy in enhancing organization value.

Keywords: health & safety policy; organization value; socially responsible investment; workplace safety (search for similar items in EconPapers)
JEL-codes: G32 J01 R14 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2026-05-29
References: Add references at CitEc
Citations:

Published in Journal of Safety Research, 29, May, 2026, 97, pp. 762-776. ISSN: 0022-4375

Downloads: (external link)
https://researchonline.lse.ac.uk/id/eprint/138930/ Open access version. (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:138930

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().