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Foreign Ownership and Occupational Safety: Evidence from France

Author

Listed:
  • Beata Smarzynska Javorcik
  • Alessia Lo Turco
  • Daniela Maggioni
  • Gianluca Santoni

Abstract

This paper examines whether and how foreign acquisitions improve occupational safety. Using linked administrative data on French manufacturing plants over 2003-2017 and event studies on a matched sample, we find that foreign acquisitions reduce accident rates and workdays lost. Safety gains coincide with expanded managerial hierarchies, greater technical-manager presence, foreign manager hiring, and worker training. We find little evidence supporting automation, task reallocation, or outsourcing as alternative explanations. Moreover, domestic acquisitions do not generate comparable improvements. Our findings are consistent with foreign acquisitions improving workplace safety through the transfer of managerial and organisational practices, highlighting a benefit of multinational activity beyond conventional measures of firm performance.

Suggested Citation

  • Beata Smarzynska Javorcik & Alessia Lo Turco & Daniela Maggioni & Gianluca Santoni, 2026. "Foreign Ownership and Occupational Safety: Evidence from France," CESifo Working Paper Series 13071, CESifo.
    • Handle: RePEc:ces:ceswps:_13071
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    Keywords

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    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F61 - International Economics - - Economic Impacts of Globalization - - - Microeconomic Impacts
    • I10 - Health, Education, and Welfare - - Health - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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