MERGER AND ACQUISITIONS AND ORGANISATIONAL PERFORMANCE OF COMMERCIAL BANKS IN NIGERIA
Author(s): 1,2,3 Faculty of Management Sciences, University of Calabar; 4 Department of Accounting, College of Management Sciences, Michael Okpara University of Agriculture Abia . Usoro, Abosede Abimbola; Effiong Charles; Lawal Suleiman Gbenga & Mboto Helen Walter; Tapang Arzizeh Tiesieh
Abstract
This study examined the effect of mergers and acquisitions on the organisational financial performance of Nigerian commercial banks. The Ex-post Factor Research design was adopted using secondary data. Three hypotheses were tested using multiple regression analysis. The findings from results were that: board size and bank market shares is significantly related to equity but bank financial characteristic is not significantly related to return on equity. Secondly bank market share is significantly related with return on assets but board size and bank financial characteristic does not have a significant relationship with return on equity. Test of the final hypothesis showed that board size and profit margin are significantly related but bank financial characteristic and bank market share do not have a significant relationship with profit margin. It was recommended that market forces for efficiency must drive bank consolidation.
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