Unionization and Acquisitions

JOURNAL OF BUSINESS, Vol. 59 No. 1, January 1996

Posted: 23 Jun 1995

See all articles by Bruce Fallick

Bruce Fallick

Federal Reserve Bank of Cleveland

Kevin A. Hassett

American Enterprise Institute (AEI)

Multiple version iconThere are 2 versions of this paper

Abstract

This article explores the question of whether unionization influences the decision of a firm to merge with another firm. We combine merger data, taken from COMPUSTAT, with firm-specific union data obtained from several sources. An econometric matching model allows us to isolate the effects of unionization on the probability that the firms studied will be involved in a merger. We find that unionization increases the likelihood that a firm will enter the acquisition market and that firms with similar union statuses tend to merge with one another.

JEL Classification: G34

Suggested Citation

Fallick, Bruce and Hassett, Kevin A., Unionization and Acquisitions. JOURNAL OF BUSINESS, Vol. 59 No. 1, January 1996, Available at SSRN: https://ssrn.com/abstract=6853

Bruce Fallick (Contact Author)

Federal Reserve Bank of Cleveland ( email )

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Cleveland, OH 44101-1387
United States

Kevin A. Hassett

American Enterprise Institute (AEI) ( email )

1150 17th Street, N.W.
Washington, DC 20036
United States
202.862.7157 (Phone)
202.862.7177 (Fax)

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