A Datametric Analysis of the Human Occupational Health and Safety (OHS) Managerial Concerns of Beaconsfield Mine Via an Investment Correlation of Capital Asset Pricing, Portfolio Returns and Risk Performance Ratios

Abstract

Patrick Sim Puay-I

The report discusses the case study subject of “The Beaconsfield Mine” adapted from De Ceiri (2008) and its occupational health and safety (OHS) management aspect. It is noted that the organization sees this as a secondary concern when the perspective of operating costs of business are highlighted by the owners and senior management. The technical paper will elaborate how such an approach may have serious adverse consequences and will explain the lessons HR managers can learn. In view of the case, a discussion underpinning a strategic approach to human resources management (HRM) will be conducted. The intent of this paper is to posit that the strategic approach of HRM investment in OHS can reduce mining accidents.

Readings from the case study literature has been done and datametric analysis can be made to conclude that OHS management is important where costs involving OHS is primary and not secondary. These findings are also supported by secondary research involving research done on databases through the examination of the concepts of capital assets pricing, portfolio returns and risk. It will address two capital asset portfolios that will demonstrate that risk can be reduced to zero with perfect negative relation. It will also explain why this is not necessarily convincing explanation for effects. It will also discuss the reason why there is little or no portfolio effect with positive relations. We will also see how this correlation of capital assets are applied to the performance ratios.

PDF