Description
In today’s global economy, corporate mergers and acquisitions (M&As) have become part of economic reality. Globalization opens many U.S. companies to a broader outlook of an interconnected and interdependent world with free transfer of capital, goods, and services across national frontiers. The synergistic gains from M & As may result from more effective and efficient management, economies of scale, more profitable use of assets, exploitation of market power, and the use of complementary resources; yet, results of many empirical studies show that many M & As fail. This manuscript will concentrate on shedding light on important differences in international labor law between United States and specifically Germany and Italy and how failure to take those differences into consideration can compromise the success of a merger and acquisition. Subject matter such as WARN ACT, FMLA will be compared and contrasted to the EU and Germany and Italy. The target audience are students in business school, law school and general executive and HR training courses.
