Topic
Consumer Product Safety
About: Consumer Product Safety is a research topic. Over the lifetime, 585 publications have been published within this topic receiving 12082 citations.
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TL;DR: A brief overview of the current functional food market situation in USA, Japan and some European countries is offered with some comments on functional food future potential.
1,469 citations
TL;DR: The Institute of Food Technologists has issued this Scientific Status Summary to update readers on food packaging and its impact on the environment.
Abstract: The Institute of Food Technologists has issued this Scientific Status Summary to update readers on food packaging and its impact on the environment.
1,316 citations
TL;DR: The need for the development and implementation of food safety education strategies to improve specific food safety behaviors is reviewed in this paper, suggesting that observational studies provide a more realistic indication of the food hygiene actions actually used in domestic food preparation.
721 citations
TL;DR: The relationship between individuals' views as citizens and their behaviour as consumers was found to be quite weak and did not appear to greatly or systematically influence meat-buying habits, so future studies in both projects will concentrate on consumers' acceptance of innovative meat product concepts and products, with the aim of boosting consumer trust and invigorating the European beef and pork industries.
431 citations
TL;DR: In this article, the authors examined the impact of these strategic alternatives on firm value using Consumer Product Safety Commission recalls during a 12-year period from 1996 to 2007, and found that proactive strategies have a more negative effect on the firm value than more passive strategies.
Abstract: Product-harm crises often result in product recalls, which can have a significant impact on a firm's reputation, sales, and financial value. In managing the recall process, some firms adopt a proactive strategy in responding to consumer complaints, while others are more passive. In this study, the authors examine the impact of these strategic alternatives on firm value using Consumer Product Safety Commission recalls during a 12-year period from 1996 to 2007. Using the event study method, the authors show that regardless of firm and product characteristics, proactive strategies have a more negative effect on firm value than more passive strategies. An explanation for this surprising result is that the stock market interprets proactive strategies as a signal of substantial financial losses to the firm. When a firm proactively manages a product recall, the stock market infers that the consequence of the product-harm crisis is sufficiently severe that the firm had no choice but to act swiftly to red...
422 citations