ABSTRACT
The
study researched on mergers and acquisitions as a growth strategy of business
organizations. The main objectives ofthe study is to examined the major effect
of merger and acquisition on the growth of business organizations. To achieve
the objectives of the study,expost facto research design was adopted. The
researcher adopted secondary data in getting the required information. Annual
report of Eco bank Pic was used for the period of 5years to ascertain the
differences on profit after tax and earnings per share before and after merger
and acquisition. In testing the hypotheses, difference oftwo mean was used. The
findings revealed that there is a significant different in profit after tax ofthe
bank before and after mergers and acquisition. The findings further revealed
that there is a significant change in earnings per share of the bank before and
after merger and acquisition. The researcher recommends that merger/acquisition
is a strategic tool that must be cautiously applied and implemented. The
maturation period ofthe merger must be allowed so that the financial records
ofthe intending firms coming together can be properly scrutinized by the board
of directors of each firm and the regulatory agencies.
NWALI, I (2024). Mergers and Acquisition as a Growth Strategy Of The Business Organizations:- Nwali Emmanuel I.. Repository.mouau.edu.ng: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/mergers-and-acquisition-as-a-growth-strategy-of-the-business-organizations-nwali-emmanuel-i-7-2
IJOMAH, NWALI. "Mergers and Acquisition as a Growth Strategy Of The Business Organizations:- Nwali Emmanuel I." Repository.mouau.edu.ng. Repository.mouau.edu.ng, 21 Feb. 2024, https://repository.mouau.edu.ng/work/view/mergers-and-acquisition-as-a-growth-strategy-of-the-business-organizations-nwali-emmanuel-i-7-2. Accessed 24 Nov. 2024.
IJOMAH, NWALI. "Mergers and Acquisition as a Growth Strategy Of The Business Organizations:- Nwali Emmanuel I.". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 21 Feb. 2024. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/mergers-and-acquisition-as-a-growth-strategy-of-the-business-organizations-nwali-emmanuel-i-7-2 >.
IJOMAH, NWALI. "Mergers and Acquisition as a Growth Strategy Of The Business Organizations:- Nwali Emmanuel I." Repository.mouau.edu.ng (2024). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/mergers-and-acquisition-as-a-growth-strategy-of-the-business-organizations-nwali-emmanuel-i-7-2