Smeets, Valerie; Ierulli, Kathryn; Gibbs, Michael - Institute for the Study of Labor (IZA) - 2006
We examine the dynamics of post-merger organizational integration. Our basic question is whether there is evidence of …-specific human capital, corporate culture, power, or favoritism. We examine this issue using a sample of Danish mergers. Controlling … of pre-merger operations decreases turnover. This finding is inconsistent with the view that workers of the two firms …