Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/71878
Authors: 
Oberhofer, Harald
Year of Publication: 
2010
Series/Report no.: 
Working Papers in Economics and Finance, University of Salzburg 2010-10
Abstract: 
This paper examines the employment effects of acquisitions for acquired European firms taking non-random selection of acquisition targets explicitly into account. Following the empirical firm growth literature and theories put forward in the mergers and acquisition (M&A) literature we control for convergence dynamics in firm size and distinguish between different types of acquisitions. Empirically, we estimate an endogenous treatment model using accounting data for a newly created sample of acquired and non-acquired European firms. Our results reveal positive employment effects for all different types of acquisitions.
Subjects: 
Acquisitions
employment effects
firm growth
endogenous treatment model
JEL: 
C21
G34
L22
L25
Document Type: 
Working Paper

Files in This Item:
File
Size
572.88 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.