The economic, social, and environmental impacts of a spill and pollution (SP) accident can last for years. At the company level, SP accidents will generate negative publicity, damage share price and market values, and hurt the company’s reputation—in addition to potentially costing a company millions of dollars in clean-up costs and other expenses. Between 2015 […]
Author: Shah, Rachna
Reasons for Product Recalls: Safety on the Line
The past 10 or so years have seen a significant rise in the incidence of product recalls. Multiple sectors and product categories, ranging from toys to automobiles and food to pharmaceuticals, have been involved — and, in some cases, the business and human costs have been immense. (Faults in Toyota cars in 2009 and 2010 […]
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