This paper provides a systematic empirical analysis of the effects of merger and acquisitionactivity on profitability and firm level employee remuneration in the United Kingdom, using a speciallyconstructed database for the period 1979-1991...

This paper examines the effect that the ÔCadbury reformsÕ have had on the pay determination process of executives in the UK Our results suggest that, on average, the impact has been disappointing. The relationship between pay and performance remains weak and the link to firm size has, if...