Employment effects of acquisitions: Evidence from acquired European firms

Arbeitspapier

This paper examines the employment effects of acquisitions for acquired European firms taking non-random selection of acquisition targets explicitly into account. Following the empirical firm growth literature and theories put forward in the mergers and acquisition (M&A) literature we control for convergence dynamics in firm size and distinguish between different types of acquisitions. Empirically, we estimate an endogenous treatment model using accounting data for a newly created sample of acquired and non-acquired European firms. Our results reveal positive employment effects for all different types of acquisitions.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Papers in Economics and Finance ; No. 2010-10

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions ; Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance ; Firm Organization and Market Structure ; Firm Performance: Size, Diversification, and Scope
• Thema: Acquisitions ; employment effects ; firm growth ; endogenous treatment model

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Oberhofer, Harald
• Ereignis: Veröffentlichung
• (wer): University of Salzburg, Department of Social Sciences and Economics
• (wo): Salzburg
• (wann): 2010

Weitere Informationen

• Handle: http://hdl.handle.net/10419/71878
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ