Evaluating the role of management in improving safety and reducing the costs of accidents

Management plays a crucial role in maintaining compliance with health and safety regulations and standards in the workplace. It is the responsibility of management to set the tone for a culture of safety and to ensure that all employees understand and follow safety protocols with a sentence to describe the implications for the field. The abstract must not include references, figures or tables. Today, many accidents occur at the community level that accidents have adverse effects on the workers, the productive employee hours and planned production schedules. Occupational accidents and diseases cause immeasurable human suffering to victims and their families, impact negatively on enterprises’ efficiency and productivity, and entail major economic losses for societies as a whole .The costs of occupational injuries and illnesses can be considerable. According to the International Labor Organization, these costs amount to 4 per cent of annual global gross domestic product. These accidents and events have physical and financial costs and it is necessary to properly address and investigate this important issue. Accident costs are associated with injuries and work-related ill-health and can have negative effects such as production losses and increased insurance premiums. Many of these costs are difficult to evaluate, especially from an economic perspective. However, usually the work accidents are analyzed focusing on root cause analysis without giving particular importance to the economic perspective. Prevention of these incidents requires a strong management system. According to this research, accident costs are classified into two categories: 1- Major Cost's 2-Minor Costs. In addition there is a correlation between Management Accounting and Safety Management.