Assessing the Effects of Ownership Change on Women and Minority Employees: Evidence from Matched Employer-Employee Data

26 Pages Posted: 11 May 2006

See all articles by John Marsh

John Marsh

Rensselaer Polytechnic Institute (RPI) - Department of Economics

Donald S. Siegel

Arizona State University

Kenneth L. Simons

Rensselaer Polytechnic Institute (RPI) - Department of Economics

Date Written: April 2006

Abstract

While there have been numerous papers on the employment and wage effects of mergers and acquisitions, there has been no direct analysis of the impact of such ownership changes on minority and female workers. This is an unexplored "equity" dimension of these transactions. We fill this gap by analyzing linked employer-employee data for the entire population of Swedish workers and approximately 16,000 manufacturing plants for the period 1985-1998. For each worker employed in these establishments (as well as the entire population of workers), we have data on gender, age, national origin, level of education, type of education, location, industrial sector, annual earnings, as well as each employee's complete work history during the period. We also have data on numerous plant and firm-level characteristics, which allows us to control for additional factors that might result in changes in labor composition and relative compensation. Our findings suggest that ownership change does not significantly alter the relative earnings and employment status of minority and female workers.

Keywords: Mergers and Acquisitions, Human Capital, Earnings

JEL Classification: G34, J23, J31, C81

Suggested Citation

Marsh, John and Siegel, Donald S. and Simons, Kenneth L., Assessing the Effects of Ownership Change on Women and Minority Employees: Evidence from Matched Employer-Employee Data (April 2006). Available at SSRN: https://ssrn.com/abstract=900531 or http://dx.doi.org/10.2139/ssrn.900531

John Marsh

Rensselaer Polytechnic Institute (RPI) - Department of Economics ( email )

110 8th Street
Troy, NY 12180
United States
518-276-6387 (Phone)
518-276-2235 (Fax)

Donald S. Siegel (Contact Author)

Arizona State University ( email )

411 North Central
Phoenix, AZ 85004
United States
6024961101 (Phone)

Kenneth L. Simons

Rensselaer Polytechnic Institute (RPI) - Department of Economics ( email )

110 8th Street
Troy, NY 12180
United States
518-276-3296 (Phone)
518-276-2235 (Fax)

HOME PAGE: http://www.rpi.edu/~simonk/

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