ORGANIZATIONAL CONSEQUENCES OF MERGERS AND ACQUISITION: A CASE STUDY OF ACCESS BANKS NIG. PLC

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ABSTRACT

Business combinations such as mergers and acquisitions and others offer advantageous strategic benefits. As a result, there may be inherent concerns in these company combinations about adverse organizational consequences that could be harmful, especially for the employees of acquired enterprises. The effects can include a drop in morale, reduced production as a result, motivational issues, despair, and merger failure. In this paper, Access Bank Edo State is used as a case study to analyze the organizational consequences of merger and acquisition. The study is quantitative and uses a structured questionnaire as the instrument of data collection to gather information from the staff of the amalgamated and acquired Access Bank in Edo State. The study investigated the effects of M&A on staff retention, confidence, willingness and eagerness, and satisfaction at the merged and acquired Access Bank in Edo State. The participant's degree of satisfaction was assessed using the MSQ, and hypotheses regarding the goodness of fit were evaluated using the chill-square test. According to the study, respondents reported being happier with their jobs more often than not. In light of this, it was suggested, among other things, that banks keep employees'.

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