Investir en sécurité nuit-il à la santé financière de l’entreprise ?

Nicolas Piluso ()

Reflets et perspectives de la vie économique, 2020, vol. LVIII, issue 4, 21-38

Abstract: ? The article attempts to analyze the effects of an investment to secure the production process of the production process on the dynamics of distributed dividends. The aim is to answer the question of whether a risky industry has an interest in investing in safety independently of the decrease in the probability of accident generated by the security safety. Although there is an obvious tension between safety and profitability, it appears that the firm may, in certain cases that we identify, have an interest in investing to the extent that capital accumulation and dividend distribution are not durably affected by the not be durably affected by the securitization.

Keywords: investment; productivity; profit; technological risk; safety (search for similar items in EconPapers)
Date: 2020
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