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Full-Text Articles in Business
Financial Impact Of Nutrition Labeling For Restaurants, Mark S. Johnson
Financial Impact Of Nutrition Labeling For Restaurants, Mark S. Johnson
Journal of Hospitality Financial Management
Over the period 2006 to 2018 many attempts to institute food labeling in restaurants (FLR) have occurred. We examine the impact of federal FLR regulations on equity in the restaurant industry. We find no support for the idea that passage of federal FLR legislation directly altered firm value. However, Food and Drug Administration (FDA) rulemaking has had a positive effect on restaurants. The Federal rules are preemptory to state and local rules providing the industry with consistent, straightforward, rules across all jurisdictions. The preemptory aspect may reduce overall industry costs of regulation. We suggest that rule-making by the regulatory agency …
The Supplier Shield: Covid-19 Effects On Suppliers Of Highly Affected Industries, Maisy Mills
The Supplier Shield: Covid-19 Effects On Suppliers Of Highly Affected Industries, Maisy Mills
CMC Senior Theses
This paper examines the effect Covid-19 has on hard-hit industries and their suppliers. By looking at the widening of credit spreads on corporate bonds, a shield can be observed through the disproportionate way Covid affects hard-hit companies compared to their suppliers. The dataset looks specifically at three highly affected industries which are accommodation, air transportation, and full-service restaurants. This paper runs a linear regression that looks at the effect that being one of the main 3 frontline industries has on credit spreads of corporate bonds versus that from being a supplier of these industries. The regression highlights the effects that …