The DOI matches its Crossref record; 30 of the 30 references it cites were found in a registry or an index.
Financing Constraints and Workplace Safety
Abstract
We present evidence that financing frictions adversely impact investment in workplace safety, with implications for worker welfare and firm value. Using several identification strategies, we find that injury rates increase with leverage and negative cash flow shocks, and decrease with positive cash flow shocks. We show that firm value decreases substantially with injury rates. Our findings suggest that investment in worker safety is an economically important margin on which firms respond to financing constraints.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers
Jensen, M. C. (1986) · Cited by 17,275
Determinants of corporate borrowing
Myers, S. C. (1977) · Journal of Financial Economics · doi:10.1016/0304-405x(77)90015-0 · Cited by 13,169
Agency costs of free cash flow, corporate finance, and takeovers
Jensen, M. C. (1996) · Corporate Bankruptcy · doi:10.1017/cbo9780511609435.005 · Cited by 9,306
Fama, E. F., & French, K. R. (1997) · Journal of Financial Economics · doi:10.1016/s0304-405x(96)00896-3 · Cited by 5,669
Financing Constraints and Corporate Investment
Fazzari, S. M., Hubbard, R. G., Petersen, B. C., Blinder, A. S., & Poterba, J. M. (1988) · Brookings Papers on Economic Activity · doi:10.2307/2534426 · Cited by 5,574
The value of a statistical life: A critical review of market estimates throughout the world
Viscusi, W. K., & Aldy, J. E. (2003) · Journal of Risk and Uncertainty · doi:10.1023/a:1025598106257 · Cited by 2,135
Health and Well-Being in the Workplace: A Review and Synthesis of the Literature
Danna, K., & Griffin, R. W. (1999) · Journal of Management · doi:10.1016/s0149-2063(99)00006-9 · Cited by 1,743
The effect of capital structure on a firm's liquidation decision
Titman, S. (1984) · Journal of Financial Economics · doi:10.1016/0304-405x(84)90035-7 · Cited by 1,500
Leverage, investment, and firm growth
Lang, L., Ofek, E., & Stulz, R. (1996) · Journal of Financial Economics · doi:10.1016/0304-405x(95)00842-3 · Cited by 1,302
Cash Flow and Investment: Evidence from Internal Capital Markets
LAMONT, O. (1997) · The Journal of Finance · doi:10.1111/j.1540-6261.1997.tb03809.x · Cited by 1,141
Cited by
Risky returns: The implications of financialization in the food system
Clapp, J., & Isakson, S. R. (2018) · Development and Change · doi:10.1111/dech.12376 · Cited by 149
Keenan, L., Monteath, T., & Wójcik, D. (2023) · Geoforum · doi:10.1016/j.geoforum.2023.103909 · Cited by 25
Metadata
- Authors
- COHN, J. B., & WARDLAW, M. I.
- Venue
- The Journal of Finance
- Publisher
- Wiley
- Published
- 2016-09-14
- Volume
- 71
- Issue
- 5
- Pages
- 2017-2058
- ISSN
- 0022-1082 (ISSN-L)
- 1540-6261
- OpenAlex
- W3124690645
- Cited by
- 312
- References
- 30
- FWCI
- 48.77
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Financing Constraints and Workplace Safety. https://app.cochat.ai/papers/10.1111/jofi.12430
- The paper
- COHN, J. B., & WARDLAW, M. I. (2016). Financing Constraints and Workplace Safety. The Journal of Finance. https://doi.org/10.1111/jofi.12430
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
