When a product recall is announced, the manufacturer’s stock investors estimate the costs of the recall to determine how much to penalize the firm’s stock price. Prior event studies have viewed these costs as manifest only in the downstream consumer market. We reason that this view is...

Problem Definition. There is a concerted effort across multiple academic disciplines to understand the recall decision-making process. Specifically, what steps does a manufacturer take following a product defect discovery and resulting in the product recall decision? This effort has often been...

After years of losses, the packaging industry became profitable in 2013 and is expected to be valued at US$1.05 trillion by 2024, with a 2.8% annual growth rate. This growth is fueled by frequent launch of new packages for established brands. Although a new package could enhance sales by...

With over half a trillion dollars in trade credit flowing between firms in the U.S., it is critically important to understand how the trade credit a firm receives and provides affect its value. Trade credit is a strategic investment in supply chain relationships that allows the recipient to make...