Interrelation between financial risks and occupational safety: An analysis of market, liquidity and operational risk from the perspective of risk prevention in occupational environments

Abstract

The research addressed how financial risks, specifically market, liquidity, and operational risks, impacted workplace safety and preventative actions within the organizational environment. It examines how economic instability and a lack of financial resources negatively affect companies' ability to ensure safe working conditions by properly implementing risk prevention measures. Through the analysis of theoretical sources, it was identified that exposure to these risks forced many organizations to reduce essential expenses, limiting investments in safety systems, staff training, and occupational health protocols. The study also revealed that operational risk, related to internal errors, technological failures, or inefficient processes, was linked to workplace incidents and difficulties in implementing effective prevention policies. It concludes that there is a direct connection between an entity's financial situation and its performance in workplace safety management, implying that risk prevention must consider economic and financial indicators. Consequently, it was proposed to integrate these factors into occupational health and safety systems to anticipate adverse conditions that jeopardize worker well-being.