Posts Tagged ‘Recall Effectiveness’
WeMakeItSafer Releases Consumer Product Recall Statisitcs
Whether you are trying to assess recall risk, identify important market segments or calculating the impact of recalls on businesses, this data will be crucial to your successful navigation of the recall landscape.
Company Costs of a Product Recall: Incentives to Fix or Ignore Recall Effectiveness Problems (Summary)
When I speak with consumers about possible ways to make locating recalled products easier for manufacturers, many balk at the idea, positing that companies would never have any incentive to improve recall effectiveness. For these individuals, the belief is that companies would rather not do everything possible to locate and retrieve defective products in order [...]
Company Costs of a Product Recall: Incentives to Fix or Ignore Recall Effectiveness Problems (Full Post)
There are numerous costs involved in conducting a product recall. Many of these costs vary greatly depending on factors such as the type of product being recalled, the cost and price-point of the product, the number of units recalled, the geographic location of the companies involved and even the demographics of the end-user. This article [...]
The Effect of Product Recalls on Stock Performance (Full Post)
A 2005 statistical study published in the Quarterly Journal of Business and Economics analyzed the security prices of non-automotive recalls following the announcement of the product recall in the Wall Street Journal (WSJ).[1] [2] The study looked at a sample of 269 product recalls from 1984 through 2003 and reported the mean abnormal returns (MAR) [...]
Latest Recalls: Select Images Only. Click to View All.
