
Professor Gibbs will discuss his research on mergers. He and his colleagues focus on the implementation of the merger - integrating the two organizations. This step is often given short shrift during due diligence, but turns out to be a major challenge to successful merger. In their work, they found that few mergers actually result in mixing of workforces from the two companies, and that there is substantial turnover of the workforce as a result of the merger. Employees from the less dominant firm fare worst.
The GSB Charles M. Harper Center
Room 104
Lunch will be provided
Michael J. Gibbs
Clinical Professor of Economics
Michael Gibbs studies the economics of human resources and organizational design. He recently coauthored the second edition of Personnel Economics in Practice. Gibbs's research has been published in the Quarterly Journal of Economics, Industrial & Labor Relations Review, the Accounting Review, and other journals. Professor Gibbs is a research fellow of the Center for the Study of Labor in Bonn, and on the board of Friends of the Orphans.
In 2007 Gibbs received the Notable Contribution to Management Accounting Literature from the American Accounting Association. He has received two Hillel Einhorn Excellence in Teaching Awards from the Chicago GSB.
Gibbs earned a bachelor's degree, master's degree, and doctoral degree in economics all from the University of Chicago.