The Impact of Firm Acquisitions on Labor

28 Pages Posted: 7 Aug 2007 Last revised: 20 Mar 2022

See all articles by Charles Brown

Charles Brown

University of Michigan; National Bureau of Economic Research (NBER)

James L. Medoff

Harvard University - Department of Economics; National Bureau of Economic Research (NBER)

Date Written: June 1987

Abstract

In this paper, we investigate the changes in wages and employment following a firm's involvement in an acquisition, compared with firms not involved in acquisitions. Contrary to the tenor of popular press coverage of acquisitions, which focuses on hostile takeovers of large firms, we find small (and sometimes positive) changes in wages and employment following an acquisition.

Suggested Citation

Brown, Charles C. and Medoff, James L., The Impact of Firm Acquisitions on Labor (June 1987). NBER Working Paper No. w2273, Available at SSRN: https://ssrn.com/abstract=347050

Charles C. Brown (Contact Author)

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James L. Medoff

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