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EMPIRICAL EVIDENCE ON THE MOTIVES FOR MERGERS AND ACQUISITIONS IN EIGHT FOOD INDUSTRIES AgEcon
Ollinger, Michael; Nguyen, Sang V..
This paper investigates the motives for mergers and acquisitions in eight U.S. food products industries from1977-92. Results show that acquired plants were highly productive before mergers and realized an increase in productivity growth in the post-merger period.
Tipo: Conference Paper or Presentation Palavras-chave: Food product industries; Mergers and acquisitions; Labor productivity.; Agribusiness.
Ano: 2003 URL: http://purl.umn.edu/22176
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Effect of Food Industry Mergers and Acquisitions on Employment and Wages AgEcon
Ollinger, Michael; Nguyen, Sang V.; Blayney, Donald P.; Chambers, William; Nelson, Kenneth B..
Empirical analysis of mergers and acquisitions in eight important food industries suggests that workers in acquired plants realized modest increases in employment and wages relative to other workers. Results also show that mergers and acquisitions reduced the likelihood of plant closures while high relative labor costs encouraged plant shutdowns. These results differ from commonly held views that mergers and acquisitions lead to fewer jobs, wage cuts, and plant shutdowns.
Tipo: Report Palavras-chave: Food product industries; Mergers and acquisitions; Plant closures; Agribusiness; Industrial Organization.
Ano: 2005 URL: http://purl.umn.edu/7250
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