@article{Garcia-Fuentes:186923,
      recid = {186923},
      author = {Garcia-Fuentes, Pablo and Ferreira, Gustavo and Harrison,  R. Wes and Kinsey, Jean D. and Degeneffe, Dennis},
      title = {Consumer Confidence in the Food System, Media Coverage and  Stock Prices for the Food Industry},
      journal = {Journal of Food Distribution Research},
      address = {2014-07},
      number = {856-2016-58144},
      pages = {20},
      year = {2014},
      abstract = {Ongoing food safety incidents have generated a national  interest in the significant costs that food recalls impose  on stakeholders. This paper examines the impact of media  coverage of food safety events on consumer confidence in  food safety, and measures the response of stock prices of  food companies to changes in consumer confidence. Results  show that increases in media coverage have a negative  impact on consumer confidence, and that decreases in the  levels of consumer confidence regarding food safety have a  negative impact on a stock price index for a basket of food  companies. These findings suggest that financial  performance of food companies is generally and negatively  affected by food safety events, even though the event may  be company and/or category-specific in nature.},
      url = {http://ageconsearch.umn.edu/record/186923},
      doi = {https://doi.org/10.22004/ag.econ.186923},
}