Corporate merger, organizational form, and control of labor
ISSN: 1435-5469
Año de publicación: 2000
Volumen: 2
Número: 2
Páginas: 129-144
Tipo: Artículo
Otras publicaciones en: Spanish economic review
Resumen
Abstract. This paper shows that, when two firms merge, the increase in the bargaining strength of the multiproduct firm arising from the merger when negotiating uniform wages with the workers is one of the reasons that account for corporate mergers. Moreover, there is a strategic variable that can be used to decrease union rents in the case of merging, namely, the organization of production decisions.