Description
ABSTRACT
Merger and acquisition as a form of corporate restructuring are reform strategies adopted to reposition the banking sector. This research work seeks to examine the impacts of merger and acquisition on the performance and growth of banks in Nigeria as the main objectives. The research used shareholders’ funds and profit after tax of united bank of Africa as proxies to measure the financial effecting of banks in both pre and post consideration eras in Nigeria united bank of Africa Plc is selected for the study using sample random sampling method. Data were collected from Academic reports Journals Nigeria stock exchange achieve, Annual report and internet sources and were subsequently analyzed using correlation and regression with the aid of econometrics view (version 9). This research found out that “merger and acquisition” is an effective means of ensuring the stability and profitability of the banks, and that sector, the study also found out those shareholders fund contributed significantly to the profit after Tax of the capital adequacy of commercial banks positively. The research therefore recommends that merger and acquisition should be encouraged by management and board of directors to bring about profitability into Nigeria economy as a whole.
TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of Contents
CHAPTER ONE
INTRODUCTION
1.1 Overview of the study
1.2 Statement of the Problem
1.3 Research Objectives
1.4 Research Questions
1.5 Statement of Hypothesis
1.6 Significance of the study
1.7 Scope and Limitations of the study
1.8 Definition of Terms
CHAPTER TWO
LITERATURE REVIEW
2.1 Introduction
2.2.1 Conceptual Literature
2.2.1.1 Meaning of Merger and Acquisition
2.2.1.2 Type of Merger and Acquisition
2.2.1.3 The Reasons to Engage in corporate Restructuring
2.2.1.4 Stage of Approval for Mergers and Acquisitions
2.2.1.4.1 According to Security and Exchange Commission there some Checklist
That Aid the processing Application of Mergers and Acquisitions 18
2.2.1.4.2 Merger Notification Document Required
2.2.1.4.3 Acquisition Stage- Document Required
2.2.1.5 Challenges of Merger and Acquisition
2.2.2 Theoretical Literature
2.2.2.1 The Value Increasing Theory
2.2.2.2 Value Creation Theory
2.2.2.3 Theory of Synergy
2.2.2.4 Concentration Theory
2.2.3 Empirical Literature
2.2.4 Summary
CHAPTER THREE
3.0 Research Methodology
3.1 Introduction
3.2. Research Design
3.3 Data Collection Methods
3.4 Research Population and sample size
3.5 Data Analysis Instrument
3.5.1 Model Specification
3.6 Justification of the Method Used
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
4.1 Introduction
4.2 Data Presentation and Results
4.3 Discussion of Findings
4.4 Summary of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 Summary
5.2 Conclusion
5.3 Recommendation(s)
References
Appendices