Social trust and workplace safety

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-07-10 DOI:10.1016/j.frl.2025.107954

Xuanyi Chen , Jiarui Tong

引用次数: 0

Abstract

This paper investigates the impact of social trust on workplace safety. Using the establishment-level data compiled by Occupational Safety and Health Administration (OSHA), we find a negative relation between social trust and workplace injury rates. Our results are robust to removing the influence of regional factors, employing an entropy-balanced sample, and adopting various model specifications and alternative measures of social trust. Further analysis reveals that the documented effect is more pronounced in establishments owned by firms with weaker corporate governance systems, firms in industries with lower union representation, and firms subject to less regulatory scrutiny. Overall, our findings suggest that social trust can serve as an informal governance mechanism for protecting human capital.

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社会信任与工作场所安全

本文研究社会信任对工作场所安全的影响。利用美国职业安全与健康管理局（OSHA）编制的单位数据，我们发现社会信任与工伤率之间存在负相关关系。我们的结果对于去除区域因素的影响，采用熵平衡的样本，采用各种模型规格和社会信任的替代措施具有稳健性。进一步的分析表明，在公司治理体系较弱的企业所拥有的企业、工会代表性较低的行业中的企业以及受监管审查较少的企业中，记录在案的影响更为明显。总体而言，我们的研究结果表明，社会信任可以作为保护人力资本的非正式治理机制。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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