Export to your Reference Manger

Please Copy & Paste



Bookmark and Share

Analysing the employment effects of mergers and acquisitions

[journal article]

Lehto, Eero; Böckerman, Petri

fulltextDownloadDownload full text

(268 KByte)

Citation Suggestion

Please use the following Persistent Identifier (PID) to cite this document:http://nbn-resolving.de/urn:nbn:de:0168-ssoar-263990

Further Details
Abstract This paper examines the employment effects of mergers and acquisitions (M&As) by using matched establishment-level data from Finland. Our data register practically almost all M&As in all sectors. We compare the employment effects of cross-border M&As with the effects arising from two different types of domestic M&As and internal restructurings. The results show that cross-border M&As lead to downsizing in manufacturing employment. The effects of cross-border M&As on employment in non-manufacturing are much weaker. Changes in ownership associated with domestic M&As and internal restructurings also typically cause employment losses, but they exhibit an interesting sectoral variation.
Classification National Economy; Labor Market Research
Free Keywords Mergers and acquisitions; M&As; Takeovers; Employment; Workforce
Document language English
Publication Year 2008
Page/Pages p. 112-124
Journal Journal of Economic Behavior & Organization, 68 (2008) 1
DOI http://dx.doi.org/10.1016/j.jebo.2008.03.002
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)