ABSTRACT
Operating and financial
synergies resulting/rum mergers and acquisitions makes it an effective growth
and survival strategy adopted by companies especially during the period of
depression in an economy. Given the long spell of depression of the Nigerian economy,
this study was carried out to appraise how companies were able to use mergers
and acquisitions as a growth and survival strategy over the years. The study
made use of pr/man' data to support the statistical analysis. The data was'
obtained from administration ojques'iionnaires in afield siirve The data
collected from the returned questionnaires tere analysed using descriptive
statistic, regression analysis and Z-tesi. The empirical result indicated that
return on investment i'as' a positive and significant increasing function of
mergers and acquisitions and there was ci signi/lccint c/i/fei"ence in
pro/ltab iiit oj companies in the pre and post mergers and acquisition period.
Recommendations made ii'ere that companies sho u/cl alwcivs take ac/vantage of
opportunities of mergers and acquisitions whenever they are available; they
should learn to master the corporate integration initiative of speed during mergers
and acquisitions and should have a c/early defined types of s nergies to be
optimized before going into the exercise.
IKE, . (2021). Appraisal Of Merger And Acquisition As A Growth And Survival Strategy In A Depressed Economy (A Study Of Access Bank Nigeria Plc.).. Repository.mouau.edu.ng: Retrieved Nov 25, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-merger-and-acquisition-as-a-growth-and-survival-strategy-in-a-depressed-economy-a-study-of-access-bank-nigeria-plc-7-2
.G., IKE. "Appraisal Of Merger And Acquisition As A Growth And Survival Strategy In A Depressed Economy (A Study Of Access Bank Nigeria Plc.)." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 19 Nov. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-merger-and-acquisition-as-a-growth-and-survival-strategy-in-a-depressed-economy-a-study-of-access-bank-nigeria-plc-7-2. Accessed 25 Nov. 2024.
.G., IKE. "Appraisal Of Merger And Acquisition As A Growth And Survival Strategy In A Depressed Economy (A Study Of Access Bank Nigeria Plc.).". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 19 Nov. 2021. Web. 25 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-merger-and-acquisition-as-a-growth-and-survival-strategy-in-a-depressed-economy-a-study-of-access-bank-nigeria-plc-7-2 >.
.G., IKE. "Appraisal Of Merger And Acquisition As A Growth And Survival Strategy In A Depressed Economy (A Study Of Access Bank Nigeria Plc.)." Repository.mouau.edu.ng (2021). Accessed 25 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-merger-and-acquisition-as-a-growth-and-survival-strategy-in-a-depressed-economy-a-study-of-access-bank-nigeria-plc-7-2