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dc.contributor.authorBacon, Nick
dc.contributor.authorWright, Mike
dc.contributor.authorScholes, L.
dc.contributor.authorMeuleman, Miguel
dc.date.accessioned2017-12-02T14:33:13Z
dc.date.available2017-12-02T14:33:13Z
dc.date.issued2010
dc.identifier.doi10.1177/0018726709350087
dc.identifier.urihttp://hdl.handle.net/20.500.12127/3481
dc.description.abstractPrivate equity firms are accused by trade unions of changing industrial relations in buyouts by demonstrating an unwillingness to recognize and work with trade unions, and by downgrading information and consultation. To explore these important policy issues, this article reports the first representative pan-European survey of managers’ perceptions of the impact of private equity on industrial relations. Managers report that private equity investment does not result in changes to union recognition, membership density or changes in management attitudes to trade union membership. Furthermore, managers in firms recognizing unions after private equity buyouts do not report reductions in the terms and conditions subject to joint regulation. Under private equity ownership more firms report consultative committees, managers regard these as more influential on their decisions, and indicate increased consultation over firm performance and future plans. Comparing industrial relations changes in different social models in Europe, the results suggest private equity firms adapt to national systems and traditional national industrial relations differences persist after buyout.
dc.language.isoen
dc.subjectBuyouts
dc.subjectHuman Resource Management
dc.subjectIndustrial Relations
dc.subjectPrivate Equity
dc.subjectTrade Unions
dc.titleAssessing the impact of private equity on industrial relations in Europe
dc.identifier.journalHuman Relations
dc.source.volume63
dc.source.issue9
dc.source.beginpage1343
dc.source.endpage1370
vlerick.knowledgedomainAccounting & Finance
vlerick.typearticleVlerick strategic journal article
vlerick.vlerickdepartmentEGS
dc.identifier.vperid140345
dc.identifier.vperid58266
dc.identifier.vperid141102
dc.identifier.vperid68189
dc.identifier.vpubid3971


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