Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/297271 
Year of Publication: 
2023
Series/Report no.: 
IFN Working Paper No. 1475
Publisher: 
Research Institute of Industrial Economics (IFN), Stockholm
Abstract: 
Private equity buyouts have sparked debates among labor unions and worker representatives on how they affect workers. This chapter provides an overview of academic evidence on how private equity buyouts affect workers. We review the theoretical reasons why employees could be affected and then survey the empirical evidence. We point out that significant strides have been made in understanding how private equity buyouts influence workers, with a plethora of studies available for policymakers and practitioners. These studies have found that the impact on workers is not uniform; it varies based on the type of buyout, the nature of workers' roles in the firm before the buyout, and the country's institutional environment. We also highlight a few understudied areas that warrant more attention.
Subjects: 
Private Equity Buyouts
Restructuring
Wages
Employment
Health
Job Satisfaction
JEL: 
G34
J24
J31
L25
M51
Document Type: 
Working Paper

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