Do Wages Rise or Fall Following Merger?

This paper provides a systematic empirical analysis of the effects of merger and acquisition activity on profitability and firm‐level employee remuneration in the UK, using a specially constructed database for the period 1979–91. It finds that both profitability and wages rise following acquisition,...

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Bibliographic details
Volume: 66
Main Author: Conyon, Martin J
Girma, Sourafel
Thompson, Steve
Wright, Peter W
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: Oxford, UK and Malden, USA Blackwell Publishing Ltd 01.12.2004
WILEY
Department of Economics, University of Oxford
Wiley Subscription Services, Inc
published in: Oxford bulletin of economics and statistics Vol. 66; no. 5; pp. 847 - 862
Edition: Final Manuscript Received: May 2004
Data of publication: 2004-12
ISSN: 0305-9049
1468-0084
EISSN: 1468-0084
Discipline: Economics
Statistics
Mathematics
Bibliography: The authors would like to thank the editors of this Bulletin for several helpful comments on an earlier version of this paper. We would also acknowledge the financial support of the Economic and Social Research Council under grant number R000221779 and the Leverhulme Trust (Programme Grant F114/BF), to whom the authors are indebted.
The authors would like to thank the editors of this
Bulletin
for several helpful comments on an earlier version of this paper. We would also acknowledge the financial support of the Economic and Social Research Council under grant number R000221779 and the Leverhulme Trust (Programme Grant F114/BF), to whom the authors are indebted.
Series: Oxford Bulletin of Economics and Statistics
Subjects:
J23
L23
Online Access: available in Bonn?
Database: Istex
Web of Knowledge
Science Citation Index Expanded
Social Sciences Citation Index
Web of Science
Web of Science - Science Citation Index Expanded - 2004
Web of Science - Social Sciences Citation Index - 2004
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