OxTalks will soon be transitioning to Oxford Events (full details are available on the Staff Gateway). A two-week publishing freeze is expected in early Hilary to allow all events to be migrated to the new platform. During this period, you will not be able to submit or edit events on OxTalks. The exact freeze dates will be confirmed as soon as possible.
If you have any questions, please contact halo@digital.ox.ac.uk
We study the effects of foreign takeovers on firm performance, skill premium and compensation practices following Finland’s deregulation of foreign ownership in the mid-1990s. We find large effects on wages at the industry and local labor-market level with an identification strategy using foreign ownership patterns in Sweden to instrument acquisitions in Finland. We find more modest increases in wages at firm-level using event-studies. The comparison of labor-market and firm-level results suggests that foreign ownership has spillover effects to firms remaining domestically-owned.