Thursday, March 21, 2024

Leaders Political connections & workers safety

 Chinese Mines workers  mortality rate & political connections 

( 09 July 2015 ) 

( biz stats ) Chinese Companies & Leaders'  Political Connections Can Be Lethal for Employees !!  

Research Finding : 

In China, the worker death rate in firms ,  whose executives are politically well-connected is 5 times higher than in comparable firms !  

Possible reason ? : Well-connected executives apparently use their clout to circumvent safety oversight ! 

 In the past, Chinese officials have blamed corruption for the poor safety record of the coal industry; in 2003, the worker mortality rate per ton of coal extracted in Chinese mines was 30 times higher than in South African mines, the researchers say.

Research Conducted by :  Raymond Fisman of Columbia University and Yongxiang Wang of the University of Southern California.

No comments:

Post a Comment