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Multinationals, Cross-Border Acquisitions and Wage Dispersion

Heyman, Fredrik LU ; Sjöholm, Fredrik LU and Gustavsson Tingvall, Patrik (2011) In Canadian Journal of Economics 44(2). p.627-650
Abstract
We examine the impact of cross-border acquisitions on intra-firm wage dispersion using a detailed Swedish linked employer-employee data set including data on all firms and about 50% of the Swedish labour force with information on job-tasks and education. Foreign acquisitions of domestic multinationals and local firms increase wage dispersion but so do also other types of cross-border acquisitions. Hence, it is the acquisition itself rather than foreign ownership that increases wage dispersion. The positive wage effect is concentrated to CEOs and other managers, whereas other groups are either negatively affected or not affected at all.
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author
publishing date
type
Contribution to journal
publication status
published
subject
in
Canadian Journal of Economics
volume
44
issue
2
pages
24 pages
publisher
Wiley-Blackwell
external identifiers
  • scopus:79955610774
ISSN
1540-5982
DOI
10.1111/j.1540-5982.2011.01647.x
language
English
LU publication?
no
id
6841023d-62e2-4036-b468-471b7114db72
date added to LUP
2017-10-06 16:01:26
date last changed
2017-10-09 10:08:17
@article{6841023d-62e2-4036-b468-471b7114db72,
  abstract     = {We examine the impact of cross-border acquisitions on intra-firm wage dispersion using a detailed Swedish linked employer-employee data set including data on all firms and about 50% of the Swedish labour force with information on job-tasks and education. Foreign acquisitions of domestic multinationals and local firms increase wage dispersion but so do also other types of cross-border acquisitions. Hence, it is the acquisition itself rather than foreign ownership that increases wage dispersion. The positive wage effect is concentrated to CEOs and other managers, whereas other groups are either negatively affected or not affected at all.<br/>},
  author       = {Heyman, Fredrik and Sjöholm, Fredrik and Gustavsson Tingvall, Patrik},
  issn         = {1540-5982},
  language     = {eng},
  number       = {2},
  pages        = {627--650},
  publisher    = {Wiley-Blackwell},
  series       = {Canadian Journal of Economics},
  title        = {Multinationals, Cross-Border Acquisitions and Wage Dispersion},
  url          = {http://dx.doi.org/10.1111/j.1540-5982.2011.01647.x},
  volume       = {44},
  year         = {2011},
}