Analysis And Research On The Safety Investment In SMEs And Its Risk Early-warning

In recent years, small and medium-sized enterprises (SMEs) have become an important component of economy in our country. The development of SMEs is significant for the promotion of safety development and the construction of harmonious society. However, some SMEs managers, in their pursuit of profit, neglect safety investment and disregard the employees' life and health, which have deviated from the Scientific Development View. The accidents, which happened frequently and widely in SMEs, have brought to serious losses of life and property and severe social influences. So only after a thorough study on workplace safety problems in SMEs, can we find out the mechanism and countermeasures to prompt SMEs to invest sufficiently and scientifically, which would lessen the damage and shock to the society caused by accidents and lay a solid foundation for the construction of harmonious society. And only in this way, can SMEs develop sustainably and healthily.Under this background, this paper is concentrated on "Analysis and Research on the Safety Investment in SMEs and Its Risk Early-warning". Based on preceding research, this study will carry out the following research, which can be divided into four parts:The first part is the second chapter. Firstly, the paper analyzes the intrinsic mechanism that SMEs favor to reduce the safety investment as far as possible. Then, according to the materials investigated, we analyze the status of safety investment of SMEs and explore the reason for insufficient safety investment, then point out a route for SMEs to improve the level of safety investment, which provides a theoretical platform for further research.The second part, concluding chapter three to six, is lined with the circulation of the safety investment fund in SMEs. It is aimed at the analysis on the fund collection and supervision, investment decision-making and management, safety output and benefit, evaluation of human life value respectively. Taking the cash flow of safety investment as the research vein, the operation of safety investment fund in SMEs is discussed.In the third chapter, making use of evolutionary game, the paper proves the feasibility and necessity that government can directly distributes partial occupational injury insurance fund to SMEs' workplace safety. Then based on this, the government supervision about SMEs' fund is we studied. The research shows that subsidy to the SMEs in dangerous industry can promote their safety investment and prevent the motive that SMEs divert the safety investment.In the forth chapter, the decision-making methods of safety project and daily safety investment is illustrated on basis of the classification on safety investment. The paper builds a series of appraisal indexes and the model of safety project investment using technical economics. About the decision-making of daily safety investment, several decision-making methods are introduced. Finally the management of safety investment fund is explored.In the fifth chapter, the paper mainly analyzes the definition and calculation of SMEs accidents' economics loss and studies the effect of enterprise's reputation on safety investment. The safety economic benefit of SMEs mainly comes from the reduction of economic loss. Therefore the research on accident economic loss is one of the main contents of this chapter. Taking safety performance as the intermediary variable, we make a research on the relationship between enterprise's reputation and safety investment based on structure equation model.The result shows that five dimension of safety investment have different action mechanism to enterprise reputation.In the sixth chapter, the evaluation theory and methods of human life value are introduced. The valuation of human life value may not only contribute to the calculation of non-economic loss of accidents, but also provide theory foundation for improving pension of death. The most commonly methods used to evaluate the value of human life are human capital (HK) and willingness to pay (WTP) approach. On reviewing evaluation methods of human life value, this chapter makes an empirical analysis by contingent-valuation, which is one method of WTP.The third part, including the seventh chapter, makes a systemic research on the safety cost of SMEs in order to provide the information support for the SMEs' safety investment decision and management of risk early-warning. The specific contents include: defining the definition and constitution of safety cost; constructing the system of safety cost in SMEs; studying the analysis and control methods of safety cost.The forth part is chapter eight, constructs the integrated risk early-warning system about safety investment. Firstly, the paper proposes the concept of safety investment risk and analyzes the character of safety investment and its forming reason. Secondly, the integrated assessment system about safety investment risk is constructed. Thirdly, we establish a safety investment risk warning model and makes an empirical analysis. Finally, the research on the risk control of safety investment is conducted.The last chapter is conclusion and prospect of the whole paper. On basis of summarizing the studies above, this chapter illustrates guidance of the research to practice and analyzes the contributions and insufficiencies, and lastly points out some issues which will be studied in the future.The following is the innovation points of this paper:Firstly, an evolutionary game model between enterprise and government is constructed to prove the feasibility and necessity that government can directly distributes partial occupational injury insurance fund to SMEs' work safety, and then an operation pattern of government's financial subsidies is established.Secondly, based on investigated statistical data and the structure equation model, we distinguish five dimensions of safety investment and take safety performance as the medium-variable, revealing the correlations among different dimensions of safety investment and its operation mechanism to enterprise's reputation.Thirdly, the paper evaluates the value of a statistical life in Chinese enterprises using contingent-valuation approach for the first time. This method poses a hypothetical market situation to survey respondents who are then asked about their WTP (willingness to accept) for a given variation in the risk level.Fourthly, the conception of the risk of safety investment in SMEs is proposed. Then the paper constructs evaluation index system about safety investment's risk and builds a early-warning model of risk of safety investment with the techniques of multiple discriminate analysis.