Study: Struggling to Meet Forecasts May Be Bad for Worker Safety

Companies that are struggling to meet analyst forecasts appear to have a higher rate of injuries and illnesses among workers, according to research scheduled for publication next month in the Journal of Accounting and Economics. The study found that injury/illness rates in firms that meet or just beat analyst forecasts were significantly higher than those at firms that missed or comfortably beat analyst forecasts. It used data from the federal Occupational Safety and Health Administration. The relationship was stronger when there was less union presence or when workers’ compensatio...