| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28798 |
| 来源ID | Working Paper 28798 |
| Is Public Equity Deadly? Evidence from Workplace Safety and Productivity Tradeoffs in the Coal Industry | |
| Erik P. Gilje; Michael D. Wittry | |
| 发表日期 | 2021-05-17 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We study how ownership structure, in particular public listing status, affects workplace safety and productivity tradeoffs. Theory offers competing hypotheses on how listing related frictions affect these tradeoffs. We exploit detailed asset-level data in the U.S. coal industry and find that workplace safety deteriorates dramatically under public firm ownership, primarily in mines that experience the largest productivity increases. We find evidence consistent with information asymmetry between managers and shareholders of public firms, and ties of private firm ownership with local communities being first-order drivers of workplace safety and productivity tradeoffs. |
| 主题 | Financial Economics ; Corporate Finance ; Labor Economics ; Labor Supply and Demand ; Labor Compensation |
| URL | https://www.nber.org/papers/w28798 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586470 |
| 推荐引用方式 GB/T 7714 | Erik P. Gilje,Michael D. Wittry. Is Public Equity Deadly? Evidence from Workplace Safety and Productivity Tradeoffs in the Coal Industry. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28798.pdf（1216KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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