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Private Sector Management Of Food Safety: Public Regulation And The Role Of Private Controls

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  • Henson, Spencer J.
  • Hooker, Neal H.

Abstract

Private sector responses to the challenge of managing food safety are explored. This paper clarifies the objectives of this special issue, introducing the key issues in each of the following articles. The degree and manner of regulatory compliance, an important element of any strategic food safety management decision, are discussed. Separate of the response to regulations, the incentives of firms to implement advanced management system are documented. The paper pays particular attention to firm efforts to minimize the potential for product recalls.

Suggested Citation

  • Henson, Spencer J. & Hooker, Neal H., 2001. "Private Sector Management Of Food Safety: Public Regulation And The Role Of Private Controls," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 4(01), pages 1-11.
    • Handle: RePEc:ags:ifaamr:34365
    DOI: 10.22004/ag.econ.34365
    as

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    File URL: https://ageconsearch.umn.edu/record/34365/files/04010007.pdf
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    References listed on IDEAS

    as
    1. Skees, Jerry R. & Botts, Aleta & Zeuli, Kimberly A., 2001. "The Potential For Recall Insurance To Improve Food Safety," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 4(01), pages 1-13.
    2. Kathleen Segerson, 1999. "Mandatory versus voluntary approaches to food safety," Agribusiness, John Wiley & Sons, Ltd., vol. 15(1), pages 53-70.
    3. Victoria Salin & Neal H. Hooker, 2001. "Stock Market Reaction to Food Recalls," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 23(1), pages 33-46.
    4. Fearne, Andrew & Hornibrook, Susan A. & Dedman, Sandra, 2001. "The Management Of Perceived Risk In The Food Supply Chain: A Comparative Study Of Retailer-Led Beef Quality Assurance Schemes In Germany And Italy," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 4(01), pages 1-18.
    5. Julie A. Caswell & Mary E. Bredahl & Neal H. Hooker, 1998. "How Quality Management Metasystems Are Affecting the Food Industry," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 20(2), pages 547-557.
    6. Alan M. Rugman & Alain Verbeke, 2005. "Corporate Strategy and International Environmental Policy," Chapters, in: Analysis of Multinational Strategic Management, chapter 17, pages 286-300, Edward Elgar Publishing.
    7. Northen, James R., 2001. "Using Farm Assurance Schemes To Signal Food Safety To Multiple Food Retailers In The U.K," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 4(01), pages 1-14.
    8. Segerson, Kathleen & Miceli, Thomas J., 1998. "Voluntary Environmental Agreements: Good or Bad News for Environmental Protection?," Journal of Environmental Economics and Management, Elsevier, vol. 36(2), pages 109-130, September.
    9. Frenzen, Paul D. & Buzby, Jean C. & Rasco, Barbara, 2001. "Product Liability And Microbial Foodborne Illness," Agricultural Economic Reports 34059, United States Department of Agriculture, Economic Research Service.
    10. Spencer Henson & Mario Mazzocchi, 2002. "Impact of Bovine Spongiform Encephalopathy on Agribusiness in the United Kingdom: Results of an Event Study of Equity Prices," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(2), pages 370-386.
    11. Segerson, Kathleen, 1998. "Mandatory vs. Voluntary Approaches to Food Safety," Research Reports 25188, University of Connecticut, Food Marketing Policy Center.
    12. Michael R. Thomsen & Andrew M. McKenzie, 2001. "Market Incentives for Safe Foods: An Examination of Shareholder Losses from Meat and Poultry Recalls," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 526-538.
    13. Dranove, David & Olsen, Chris, 1994. "The Economic Side Effects of Dangerous Drug Announcements," Journal of Law and Economics, University of Chicago Press, vol. 37(2), pages 323-348, October.
    14. Julie A. Caswell & Neal H. Hooker, 1996. "HACCP as an International Trade Standard," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(3), pages 775-779.
    15. Starbird, S. Andrew, 2000. "Designing Food Safety Regulations: The Effect Of Inspection Policy And Penalties For Noncompliance On Food Processor Behavior," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(2), pages 1-20, December.
    16. Henson, Spencer & Caswell, Julie, 1999. "Food safety regulation: an overview of contemporary issues," Food Policy, Elsevier, vol. 24(6), pages 589-603, December.
    17. Smyth, Stuart J. & Phillips, Peter W.B., 2001. "Competitors Co-Operating: Establishing A Supply Chain To Manage Genetically Modified Canola," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 4(01), pages 1-16.
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