Why All the Uncertainty, Fear and Doubt? Are Mergers and Acquisitions Bad for Workers?
Robert H. McGuckin, III
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The typical employee in a merger or acquisition fares more poorly than the typical business. This study examines the effects of ownership changes on employment, wages, and plant closing for the entire U.S. manufacturing sector for the period 1977-1987.
- Lessons for Europe's Future by Learning From the U.S. Past
- Mergers and Acquisitions Provide Important Benefits
- Yet There are Significant Costs for Many Employees
- The Impact on Economies
- The Impact on Business
- The Impact on Workers
- summary of key findings
- appendix with employment and wages by plant type and ownership status