skip to content
Cross-border acquisitions and labor regulations Preview this item
ClosePreview this item
Checking...

Cross-border acquisitions and labor regulations

Author: Ross Levine; Chen Lin, (Finance professor); Beibei Shen; National Bureau of Economic Research,
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 2015.
Series: Working paper series (National Bureau of Economic Research), no. 21245.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Do labor regulations influence the reaction of stock markets and firm profitability to cross-border acquisitions? We discover that acquiring firms enjoy smaller abnormal stock returns and profits when targets are in countries with stronger labor protection regulations, i.e., in countries where laws, regulations, and policies increase the costs to firms of adjusting their workforces. These effects are especially  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

 

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Ross Levine; Chen Lin, (Finance professor); Beibei Shen; National Bureau of Economic Research,
OCLC Number: 911057341
Notes: "June 2015"
Description: 1 online resource (58 pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), no. 21245.
Responsibility: Ross Levine, Chen Lin, Beibei Shen.

Abstract:

Do labor regulations influence the reaction of stock markets and firm profitability to cross-border acquisitions? We discover that acquiring firms enjoy smaller abnormal stock returns and profits when targets are in countries with stronger labor protection regulations, i.e., in countries where laws, regulations, and policies increase the costs to firms of adjusting their workforces. These effects are especially pronounced when the target is in a labor-intensive or high labor-volatility industry. Consistent with labor regulations shaping the success of cross-border deals, we find that firms make fewer and smaller cross-border acquisitions into countries with strong labor regulations.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/911057341> # Cross-border acquisitions and labor regulations
    a schema:Book, schema:MediaObject, schema:CreativeWork ;
   library:oclcnum "911057341" ;
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
   schema:about <http://experiment.worldcat.org/entity/work/data/2548553521#Topic/international_business_enterprises_econometric_models> ; # International business enterprises--Econometric models
   schema:about <http://experiment.worldcat.org/entity/work/data/2548553521#Topic/labor_laws_and_legislation_econometric_models> ; # Labor laws and legislation--Econometric models
   schema:about <http://experiment.worldcat.org/entity/work/data/2548553521#Topic/consolidation_and_merger_of_corporations_econometric_models> ; # Consolidation and merger of corporations--Econometric models
   schema:author <http://experiment.worldcat.org/entity/work/data/2548553521#Person/levine_ross> ; # Ross Levine
   schema:author <http://experiment.worldcat.org/entity/work/data/2548553521#Person/lin_chen_finance_professor> ; # (Finance professor) Chen Lin
   schema:author <http://experiment.worldcat.org/entity/work/data/2548553521#Person/shen_beibei> ; # Beibei Shen
   schema:bookFormat schema:EBook ;
   schema:datePublished "2015" ;
   schema:description "Do labor regulations influence the reaction of stock markets and firm profitability to cross-border acquisitions? We discover that acquiring firms enjoy smaller abnormal stock returns and profits when targets are in countries with stronger labor protection regulations, i.e., in countries where laws, regulations, and policies increase the costs to firms of adjusting their workforces. These effects are especially pronounced when the target is in a labor-intensive or high labor-volatility industry. Consistent with labor regulations shaping the success of cross-border deals, we find that firms make fewer and smaller cross-border acquisitions into countries with strong labor regulations."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/2548553521> ;
   schema:inLanguage "en" ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/2548553521#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/2548553521#Series/nber_working_paper_series> ; # NBER working paper series ;
   schema:name "Cross-border acquisitions and labor regulations"@en ;
   schema:productID "911057341" ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/2548553521#Organization/national_bureau_of_economic_research> ; # National Bureau of Economic Research,
   schema:url <http://www.nber.org/papers/w21245> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/911057341> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/2548553521#Organization/national_bureau_of_economic_research> # National Bureau of Economic Research,
    a schema:Organization ;
   schema:name "National Bureau of Economic Research," ;
    .

<http://experiment.worldcat.org/entity/work/data/2548553521#Person/levine_ross> # Ross Levine
    a schema:Person ;
   schema:familyName "Levine" ;
   schema:givenName "Ross" ;
   schema:name "Ross Levine" ;
    .

<http://experiment.worldcat.org/entity/work/data/2548553521#Person/lin_chen_finance_professor> # (Finance professor) Chen Lin
    a schema:Person ;
   schema:familyName "Lin" ;
   schema:givenName "Chen" ;
   schema:name "(Finance professor) Chen Lin" ;
    .

<http://experiment.worldcat.org/entity/work/data/2548553521#Person/shen_beibei> # Beibei Shen
    a schema:Person ;
   schema:familyName "Shen" ;
   schema:givenName "Beibei" ;
   schema:name "Beibei Shen" ;
    .

<http://experiment.worldcat.org/entity/work/data/2548553521#Series/nber_working_paper_series> # NBER working paper series ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/911057341> ; # Cross-border acquisitions and labor regulations
   schema:name "NBER working paper series ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/2548553521#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/911057341> ; # Cross-border acquisitions and labor regulations
   schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/2548553521#Topic/consolidation_and_merger_of_corporations_econometric_models> # Consolidation and merger of corporations--Econometric models
    a schema:Intangible ;
   schema:name "Consolidation and merger of corporations--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/2548553521#Topic/international_business_enterprises_econometric_models> # International business enterprises--Econometric models
    a schema:Intangible ;
   schema:name "International business enterprises--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/2548553521#Topic/labor_laws_and_legislation_econometric_models> # Labor laws and legislation--Econometric models
    a schema:Intangible ;
   schema:name "Labor laws and legislation--Econometric models"@en ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.