Employees` occupational health safety and financial performance in selected Johannesburg stock exchange listed organisations

Abstract

Employees’ occupational health safety and financial performance. This study examines how the employees’ occupational health safety expenditures (EHS) influences organisations’ financial performance which is return on assets (ROA) in selected Johannesburg stock exchange listed organisations. The study used quantitative research method, using the panel data that utilises multiple linear regression analysis to analyse the integrated annual reports of 175 Johannesburg stock exchange (JSE) listed organisations for a period from 2009 to 2019. The findings show a positive and significant relationship which implies that EHS influences the financial performance (ROA) of selected JSE organisations. The results of this study provide managers with a platform to review the existing EHS policies and the organisation’s strategies that are meant to achieve sustainability. This study considered secondary sources, thus limiting independent views by employees. The researcher recommends that primary qualitative data be used in the future studies to measure the influence of EHS on organisations’ financial performance (ROA).