Finanse, Rynki Finansowe, Ubezpieczenia

Previously: Zeszyty Naukowe Uniwersytetu Szczecińskiego. Finanse, Rynki Finansowe, Ubezpieczenia


ISSN: 2450-7741     eISSN: 2300-4460    OAI    DOI: 10.18276/frfu.2018.91-22
CC BY-SA   Open Access 

Issue archive / 1/2018 (91)
Wpływ fuzji i przejęć w Polsce na produktywność pracowników
(WORKFORCE EFFICIENCY FOLLOWING M&A TRANSACTIONS IN POLAND)

Authors: Marcin Ocieszak
Akademia Leona Koźmińskiego
Keywords: M&A mergers workforce efficiency consolidation
Data publikacji całości:2018
Page range:12 (269-280)
Cited-by (Crossref) ?:

Abstract

Purpose – Based on unique sample I investigate how workforce efficiency was affected by M&A trans-actions. Design/Methodology/approach – By using parametrical and non-parametrical tests three hypothesis were tested concerning workforce productivity (1) in target companies compared to industry benchmark (2) in acquiring companies compared to industry benchmark (3) pre versus post acquisition on consoli-dated basis. Findings – (1) Workforce productivity among target companies was lower the industry average (2) ac-quiring companies did not overperforme industry benchmark (3) on consolidated basis there was no change in the productivity after the transaction. Originality/value – First research in workforce efficiency after M&As in Poland. Results suggest that one of the reasons why mergers in Poland were unsuccessful might be poor workforce management and lack of synergy in this area.
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