Market Incentives for Safe Foods: An Examination of Shareholder Losses from Meat and Poultry Recalls

By Michael R. Thomsen, Andrew M. McKenzie. 2001

249 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/e9e9408c5918105a99c854185572cbbf82254187

How researchers see this paper

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In Accounting

1. Barbara B. Flynn
2. Yina Li
3. Xiande Zhao

In Economics and Econometrics

1. Barbara B. Flynn
2. Yina Li
3. James Mintert
4. Xiande Zhao
5. Ted C. Schroeder
6. Jayson L. Lusk

Citations in the corpus

• The financial impact of product recall announcements in China (2013, background): “Similarly, Thomsen and McKenzie (2001) found that recalls for products with a more serious hazard were associated with significant negative losses, while recalls for products with a less serious hazard had no negative impact.”
• Impacts of meat product recalls on consumer demand in the USA (2004, background): “Thomsen and McKenzie (2001) reported that shareholder losses arise in meat and poultry recalls involving serious food safety hazards, but not when recalls involve less severe hazards.”
• Developing bacteriocins of lactic acid bacteria into next generation biopreservatives (2018, unknown): “Apart from the risk to human product recalls due to Listeria contamination present an enormous financial estimated to be in the billions of dollars per year in the United States [27].”