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Chapter 13
Impact of Product
Recall Announcements
on Shareholder
Wealth in China*
Xiande Zhao, Yina Li, BarbaraB.Flynn, and Stephen Ng
*
Part of the content of this chapter comes from “Zhao, X., Li, Y. and Flynn, B. 2013. e nan-
cial impact of product recall announcements in China. International Journal of Production
Economics. 142(1): 115–123.”
Contents
13.1 Introduction: Background ........................................................................198
13.2 Product Recall Announcements and Shareholder Wealth.........................198
13.3 Approach ................................................................................................. ...