Does a CEO's Network Capital Affect Workplace Safety?
利用美国职业安全与健康管理局的企业级工伤数据，发现CEO网络资本越高，企业工伤率越低，且这一效应通过增加安全投入和改善信息质量实现。
ABSTRACT We examine the effect of a CEO's network capital on a firm's workplace safety, using establishment‐level data compiled by the Occupational Safety and Health Administration (OSHA) on the incidents of workplace injuries. We find that higher network capital of CEOs is associated with significantly lower workplace injury rates. Our findings are robust to alternate proxies, matching techniques, instrumental variable regression, and difference‐in‐differences analysis. The possible channels through which CEO network capital improves a firm's workplace safety are better workplace safety spending and information quality.