Multinationals and labour: Evidence from the international acquisition of UK firms

Competition, Monopoly and Corporate Governance: Essays in Honour of Keith Cowling

Volumn , Issue , 2003, Pages 20-41

  Conyon, Martin ^a   Girma, Sourafel ^b   Thompson, Steve ^b   Wright, Peter ^b  

^a UNIVERSITY OF PENNSYLVANIA   (United States)

^b UNIVERSITY OF NOTTINGHAM   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 33750209410     PISSN: None     EISSN: None     Source Type: Book    
DOI: None     Document Type: Chapter

References (32)

1. Berry, H. (2001), 'When does multinationality increase firm value? Evidence from US and Japanese firms, 1974-1997',Wharton School of Business Working Paper, September.
2. Brown, C. and J.L. Medoff (1988), 'The Impact of Firm Acquisition on Labor', in A.J. Auerbach (ed.), Corporate Take-overs: Causes and Consequences, London and Chicago: University of Chicago Press, pp. 9-25.
3. Casson M.C. (1995), The Organization of International Business, Cheltenham: Edward Elgar.
4. Caves, R.E. (1996), Multinational Enterprise and Economic Analysis, Cambridge: Cambridge University Press.
5. Conyon, M., S. Girma, S. Thompson and P. Wright (2002a), 'The impact of mergers and acquisitions on company employment', European Economic Review, 46, 31-49.
6. Conyon, M., S. Girma, S. Thompson and P. Wright (2002b), 'Productivity and wage effects of foreign acquisition in the UK', Journal of Industrial Economics, 50, 85-102.
7. Cowling, K. et al. (1980), Mergers and Economic Performance, Cambridge: Cambridge University Press.
8. Cowling, K. and R. Sugden (1987), Trans-national Monopoly Capitalism, Brighton: Wheatsheaf.
9. Cowling, K. and R. Sugden (1998), 'The essence of the modern corporation: markets, strategic decision-making and the theory of the firm', Manchester School, 66, 59-86.
10. Davies, S.W. and B.R. Lyons (1991), 'Characterising relative performance: the productivity advantage of foreign owned firms in the UK', Oxford Economic Papers, 43, 584-95.
11. Dunning, J.H. (1981), International production and the multinational enterprise, London: Allen and Unwin.
12. Feliciano, Z. and R. Lipsey (1999), 'Foreign ownership and wages in the United States, 1987-1992', NBER Working Paper no. 6923.
13. Freeman, R. and J. Rogers (1997), What Workers Want, Ithaca, New York: ILR Press, Cornell University Press.
14. Geroski P. (1997), 'Markets for technology: Knowledge, innovation and appropriability', Chapter 4 in P. Stoneman (ed.), Handbook of the Economics of Innovation and Technological Change, Oxford: Blackwell, pp. 90-131.
15. Girma, S., S. Thompson and P. Wright (2002), 'Why are productivity and wages higher in foreign firms?', Economic and Social Review, 33, 93-100.
16. Griffith R. (1999), 'Using the ARD establishment level data to look at foreign ownership and productivity in the United Kingdom', The Economic Journal, 109 (456), 416-42.
17. Harrison, A. (2002), 'Has globalization eroded labor's share? Some cross country evidence', University of California Berkeley Working Paper (August).
18. Heckman, J.J. (1978), 'Dummy endogenous variables in a simultaneous equation system', Econometrica, 46, 931-59.
19. Heckman, J.J. (1979), 'Sample selection bias as a specification error', Econometrica, 47, 153-62.
20. Hunter, L.W., J.P. MacDuffie and L. Doucet (2002), 'What makes teams take? Employee reactions to work reforms', Industrial & Labor Relations Review, 55 (3), 448-72.
21. Huizinga, H. (1990), 'Unions, taxes and the structure of multinational enterprises', Economic Letters, 34, 73-5.
22. Kogut, B. and N. Kulatilaka (1994), 'Operating flexibility, global manufacturing, and the option value of a multinational network', Management Science, 40 (1), 123-39.
23. Marglin, S. (1974), 'What do bosses do? The origins and functions of hierarchy in capitalist production', Review of Radical Political Economy, 6, 60-112.
24. MacDuffie, J.P., K. Sethuraman and M.L. Fisher (1996), 'Product variety and manufacturing performance: Evidence from the International Automotive Assembly Plant Study', Management Science, 42 (3), 350-69.
25. Pil, F.K. and J.P. MacDuffie (1999), 'What makes transplants thrive: Managing the transfer of "best practice" at Japanese auto plants in North America', Journal of World Business, 34 (4), 372-91.
26. Shleifer, A. and L.H. Summers (1988), 'Breach of Trust in Hostile Take-overs', in A.J. Auerbach (ed.), Corporate Takeovers: Causes and Consequences, Chicago: NBER.
27. Sugden, R. (1991), 'The Importance of Distributional Considerations', in C.N. Pitelis and R. Sugden (eds), The Nature of the Transnational Firm, London: Routledge.
28. Tybout, J. (2000), 'Manufacturing firms in developing countries: How well do they do, and why?', Journal of Economic Literature, 38, 11-44.
29. Vella, F. and M. Verbeek (1999), 'Estimating and interpreting models with endogenous treatment effects', Journal of Business and Economic Statistics, 17, 473-8.
30. Vendrell-Alda, J.L.M. (1978), Comparing Foreign Subsidiaries and Domestic Firms: A Research Methodology Applied To Argentine Industry, New York: Garland.
31. Wulf, J. (2002), 'Do CEOs in mergers trade power for premium? Evidence from "mergers of equals"', The Wharton School, University of Pennsylvania, Working Paper 2002-03.
32. Yamawaki, H. (1994), 'Entry Patterns of Japanese Multinationals in US and European Manufacturing', in M. Mason and D. Encarnation (eds), Does Ownership Matter?: Japanese Multinationals in Europe, New York: Oxford University Press.