The effects of mergers on company employment in the USA and Europe

被引:62
作者
Gugler, K [1 ]
Yurtoglu, BB [1 ]
机构
[1] Univ Vienna, Dept Econ, BWZ, A-1210 Vienna, Austria
关键词
mergers and acquisitions; labour demand restructuring; international comparison;
D O I
10.1016/j.ijindorg.2003.12.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
We systematically analyse the effects of mergers and acquisitions on the demand for labour in the USA and Europe. We do not find adverse effects of mergers on labour demand in the USA, however we do Find negative effects in Europe of the order of - 10% compared to pre-merger levels. We attribute this significant difference to more rigid labour markets in Europe than in the USA. (C) 2004 Elsevier B.V. All rights reserved.
引用
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页码:481 / 502
页数:22
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