Do hostile mergers destroy jobs? Conyon, Martin J; Girma, Sourafel; Thompson, Steve; ...

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Authors
Conyon, Martin J ; Girma, Sourafel ; Thompson, Steve ; Wright, Peter W
Appears In
Journal of Economic Behavior & Organization
Subjects
Consolidation and merger of corporations.; Acquisitions and mergers -- Research; Financial analysis
Audience
Academic
Summary
Research into the employment effects of hostile takeovers in the UK in the period 1983 to 1996 is presented. It is concluded that hostile and friendly acquisitions are each similarly linked with an apparent initial fall in labour demand. Hostile deals are connected with immediate significant falls in output and employment.
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http://trove.nla.gov.au/work/230023
Work ID
230023

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