Effects of merger and acquisition on the performance of selected Commercial Banks in Nigeria
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| Title | Effects of merger and acquisition on the performance of selected Commercial Banks in Nigeria |
| Authors | |
| Abstract | The paper examined the effects of merger and acquisition on the performance of selected commercial banks in Nigeria with greater emphasis on gross earnings, profit after tax and deposit profile as financial efficiency parameters. For this paper, seven Nigerian commercial banks were selected using convenience and judgmental sample selection methods. Data were collected from the published annual report and accounts of the selected banks and were subsequently analyzed appling regression analysis through statistical package for social sciences. The results showed that post merger and acquisition period was more financially improved than the pre merger and acquisition period.Therefore, the study recommended that banks should be more proactive in driving for profit for enhanced financial performance to reap the benefit of mergers and acquisition bid in the Nigeria banking sector. |
| Publisher | International Journal of Business and Social Research |
| Date | 2013-07-08 |
| Source | 2164-2540 |
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