Influence Of Mergers And Acquisition On Employees Performance (A Study Of Access Bank And Ecobank, Abia State):- Nwigbo Ihechidere. C

Abstract

The study examine influence ofmerger and acquisition on the employees performance (A study of Access Bank and Eco Bank Abia State). The specific objectives were to; determine the factors that influences merger and takeover of the selected banks, to examine the extent merger and acquisition influence the performance of employees of the selected banks, to determine the impact of merger and acquisition on business operation. The study had a population 110, out of which a sample size of 86 was realized using taro yamanes formular at 5% error and 95 % significant level. Primary data obtain from distribution of questionnaires were analyze using descriptive statistic such as frequency, mean and percentage. The study adopted analysis of varience (ANOVA) to analyzed the slated hypotheses. The finding reveal that that there is a significantfactors influencing merger and takeover in the banks (X'= 9.081 > X1 = 1.99, P = 0.000 < 0.05). Also ’there is Merger andAcquisition have a significantly influence on employees' performance ofthe banks (X2= 7.705 > X- = 1.99, P = 0.000 < 0.05). Merger and Acquisition have a significantly impact on business operation (X3- 2.197> X3 = 1.99, P = 0.090 < 0.05). It was recommended that Banks should continue to recognize employees’ level ofinvolvement with building the new organizational culture following and Merger andAcquisition exercise.