Foodborne illness prevention likely to become key investor focus, Cornerstone Capital Group report says
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Public restaurant companies have room for improvement when it comes to disclosing food-safety risks, and shareholders should consider how companies mitigate that risk before investing.
So says a recent report from Cornerstone Capital Group called “Food Safety: In a State of Transformation,” commissioned by Investor Responsibility Research Center Institute, an independent research group that focuses on corporate governance.
“We definitely think there is room to improve,” said Mike Shavel, global thematic analyst with Cornerstone Capital, and one of the study’s authors. “Restaurants gave the least amount of disclosure throughout the food-supply chain. They really do need to take this more seriously in terms of providing disclosure to their ...
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