Utilize este identificador para referenciar este registo:
https://hdl.handle.net/1822/40853
Título: | Foreign acquisition and internal organization |
Autor(es): | Bastos, Paulo Monteiro, Natália P. Straume, Odd Rune |
Palavras-chave: | Foreign direct investment Internal organization Wage inequality Information technologies |
Data: | 2016 |
Editora: | Universidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE) |
Resumo(s): | We study the effect of foreign takeovers on firm organization. Using a comprehensive data set of Portuguese firms and workers spanning two decades, we find that foreign acquisitions lead to: (1) an expansion in the scale of operations; (2) a higher number of hierarchical layers; (3) increased span of control among top managers; and (4) increased wage inequality across layers. These results accord with a theory of knowledge-based hierarchies in which foreign takeovers improve management practices and reduce communication costs within the acquired firms. Evidence from auxiliary survey data provides support to this mechanism by suggesting that acquired firms are more likely to use information technologies that reduce internal communication costs. |
Tipo: | Documento de trabalho |
Descrição: | NIPE WP 05/2016 |
URI: | https://hdl.handle.net/1822/40853 |
Versão da editora: | http://www.nipe.eeg.uminho.pt/Uploads/WP_2016/NIPE_WP_05_2016.pdf |
Arbitragem científica: | no |
Acesso: | Acesso aberto |
Aparece nas coleções: | NIPE - Documentos de Trabalho |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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NIPE_WP_05_2016.pdf | 699,97 kB | Adobe PDF | Ver/Abrir |