Abstract
Abstract The issue of social responsibility is one of the most discussed contemporary topics. It is closely related to the financial management of the company. The social area is one of the three main topics integrated in the concept of corporate social responsibility. In addition to the social interactions of the company and its surroundings, there is also included a wide range of internal relations. The largest group within the rage of internal relations consists of employees. Employees’ satisfaction, loyalty, fluctuation, sick leave of employees, as well as accident rate has a direct impact on labour productivity. This has a direct impact on the economic performance of the company. In the Czech Republic, the highest number of accidents and the highest number of fatalities are in the construction industry. The summary of duties related to the occupational health and safety of workers at workplace, given the acronym OHS, is based on legislative regulations. OHS is regulated primarily by the Labour Code and Law. 309/2006 Sb. The standard for occupational health and safety management systems is currently OHSAS 18001. When a company is certified, it is demonstrating an occupational health and safety management at high level and its continuous improvement. This article deals with the measurement of economic performance of enterprises in connection with the implementation of OHSAS certificate 18001. Economic performance is represented by return on equity and based on data obtained from financial statements. Performance measurement is used on 50 enterprises operating in the construction sector in the Czech Republic. The impact of the implementation of the OHSAS certificate on economic performance is quantified mainly by comparison methods and correlation analysis.
Highlights
Corporate Social Responsibility (CSR) is a phenomenon of recent years
The research goal is to quantify the impact of the implementation of OHSAS 18001 on labour productivity in the company from a specified research sample
The following research question is suggested: "Does the ownership of the certificate OHSAS 18001 influence the economic performance of enterprises?" The object of the research is a homogenous group of companies with a legal obligation to comply with occupational health and safety rules, fulfilling the conditions defined in the selection of the research sample
Summary
Implementation of the rules of social responsibility in the company and its impact on economic performance in recent years was a topic of a large number of international authors. The conclusions of these experts are ambiguous. Hyršlová and Bednaříková (2007) as the cause of the increase in productivity and a consequence of the introduction of quality management of occupational health and safety report, among others, employee satisfaction by knowing that the employer cares about their safety in the workplace. The costs associated with compliance with occupational health and safety rules can be reduced by the quality management defined in the standard OHSAS 18001. Act no. 247/2000 Coll.; Act no. 361/2000 Coll. and implementing regulations: Decree no. 30/2001 Coll., Decree no. 277/2004 Coll.; Czech National Council Act no. 174/1968 Coll. and implementing regulations: Decree ČÚBP no. 50/1978 Coll., Decree ČÚBP no. 85/1978 Coll., Decree ČÚBP no. 18/1979 Coll., Decree ČÚBP no. 19/1979 Coll., Decree Cubo no. 21 / 1979 Sb., Decree ČÚBP no. 48/1982 Coll., Decree ČÚBP no. 91/1993 Coll., Decree no. 73/2010 Coll.; Act no. 350/2011 Coll. and implementing regulations: Decree no. 163/2012 Coll., Decree no. 61/2013 Coll.; Law no. 22/1997 Coll.; Act no. 251/2005 Coll
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