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Protection Of Labor Rights In Mergers And Acquisitions

Posted on:2007-12-31Degree:MasterType:Thesis
Country:ChinaCandidate:M SunFull Text:PDF
GTID:2206360185484718Subject:Economic Law
Abstract/Summary:PDF Full Text Request
The M&A of enterprises refers to Mergers and Acquisitions. The main difference between them lies in whether the enterprise body qualification is lost after the M&A had completed. The Mergers turned one of the enterprise's body qualification lost, but the Acquisitions didn't.Since the M&A can rapidly bring an enterprise into a more expanded economic scale and a distinguished competitive advantage stage, it has turned to be the inevitably choice when the enterprise faced with a steep competition time. The western scholars once studied and summarized the "ten theory" of the enterprises' motivation for M&A. It obviously verified that the M&A, in a certain degree, not only to the enterprise individual (the enterprise can carry out a several directions management to avoid risks.) but also to the society whole (the completion of outside control market can efficiently control the insiders control.), had the positive sense.However, the M&A possibly injures a lot of benefit bodies—in the procedure of operation as well as the results emerged, and the workers maybe the most helpless one. Generally speaking, in the process of the M&A, massively terminates the work contract and the evil-intention reduces the work condition are more universal phenomenon. The enterprises carry out mergers or acquisitions for seek the profit maximization, similarly, also is but does not hesitate for the profit maximization to violate worker's benefit. The enterprises taking advantage of that the M&A causes superfluous personnel, reduce staff in great number, it causes worker's survival benefit faced with the imminent danger. Because the worker believed "the agreement must defend", he work whole-heartedly; because works hard, the worker's skill matches the enterprise highly; because the skill matches highly, the worker can shift but with difficulty. Once the enterprise will be perfidious, relieves the job relations, the worker's already pay will be unable to take back, the long-time anticipation also can be came to naught, the benefit received enormously damages. Even if the enterprise continued the original work relations, the worker's status,...
Keywords/Search Tags:Mergers & Acquisition of Enterprises, Employees, Protection of Rights & Interests
PDF Full Text Request
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