Is ownership change an opportunity for new owners to make systematic changes in the workforce of the acquired plant? We document changes to the workforce along observable and unobservable dimensions of worker quality around ownership change using matched employeremployee data. We observe above...

Is ownership change an opportunity for new owners to make systematic changes in the workforce of the acquired plant? This paper explores the adjustments to plant size and the composition of the workforce that occur around ownership change using matched employer-employee data. Furthermore, we...

We examine the determinants of firm’s current environmental expenditure and firm’s capital investment in equipment for pollution control using a Heckman selection model. As regards current environmental expenditure, we find that larger, exporting firms and firms subject to the Integrated...