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@article{ Lehto2008,
 title = {Analysing the employment effects of mergers and acquisitions},
 author = {Lehto, Eero and Böckerman, Petri},
 journal = {Journal of Economic Behavior & Organization},
 number = {1},
 pages = {112-124},
 volume = {68},
 year = {2008},
 doi = {https://doi.org/10.1016/j.jebo.2008.03.002},
 urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-263990},
 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.},
}