The Impact of Private Equity on Employment: The Consequences of Fund Country of OriginNew Evidence from France

被引:15
作者
Guery, Loris [1 ]
Stevenot, Anne [1 ]
Wood, Geoffrey T. [2 ]
Brewster, Chris [3 ,4 ,5 ,6 ]
机构
[1] Univ Lorraine, Nancy, France
[2] Univ Essex, Colchester, Essex, England
[3] Univ Reading, Reading, Berks, England
[4] Vaasa Univ, Vaasa, Finland
[5] Radboud Univ Nijmegen, Nijmegen, Netherlands
[6] ISCTE UIL, Lisbon, Portugal
来源
INDUSTRIAL RELATIONS | 2017年 / 56卷 / 04期
关键词
HUMAN-RESOURCE MANAGEMENT; LEVERAGED BUYOUTS; PROPENSITY SCORE; OPERATING PERFORMANCE; CAPITALISM; HRM; RETROSPECT; GROWTH; WAGE;
D O I
10.1111/irel.12193
中图分类号
F24 [劳动经济];
学科分类号
020106 ; 020207 ; 1202 ; 120202 ;
摘要
This article explores the country of origin effects of private equity investment on employment in France. Using propensity score matching methodology applied to establishment-level survey data, we find that foreign investors are significantly more likely to induce job shedding and employment insecurity than are French investors. As suggested by the literature on comparative capitalism, national differences may persist in conjunction with commonalities and trends in global capitalism.
引用
收藏
页码:723 / 750
页数:28
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