We examine how private equity investments affect employee perceptions of job quality. Leveraged buyouts (LBOs) lead to job satisfaction declines for long-tenured, low-skill, and less-educated workers. High-skill workers and managers are less impacted overall but report larger declines in...

This paper uses a linked employer-employee dataset, the National Employment Survey, to examine the determinants of organisational change and employee resistance to change and, specifically, to examine the influence of employee inflexibility on the implementation of firm-level policies aimed at...