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

Author

Listed:
  • John Marsh
  • Donald S. Siegel
  • Kenneth L. Simons

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 labour 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.

Suggested Citation

  • John Marsh & Donald S. Siegel & Kenneth L. Simons, 2007. "Assessing the Effects of Ownership Change on Women and Minority Employees: Evidence from Matched Employer-Employee Data," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 14(2), pages 161-178.
  • Handle: RePEc:taf:ijecbs:v:14:y:2007:i:2:p:161-178
    DOI: 10.1080/13571510701343873
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    References listed on IDEAS

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    More about this item

    Keywords

    Mergers and Acquisitions; Human Capital; Earnings;

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access

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