Mergers and acquisitions reallocate control over the factors of production and are typically followed by extensive restructuring aimed at raising efficiency. A long-standing question is whether those efficiency gains come partly at the expense of employees. In my article, forthcoming in the Journal of Finance, I study the labor market consequences of mergers for the […]

Source: Harvard Law School Forum on Corporate Governance

Published: 2026-08-11T11:31:35Z