2.3 THE SCHOOL THOUGHT RELEVANT TO THE SUBJECT MATTER
2.4 DIFFERENT METHOD OF STUDYING THE PROBLEMS
2.5 SUMMARY
2.6 REFERENCES
CHAPTER THREE
3.0 CONCLUSION
3.1 DATA PRESENTATION
3.2 ANALYSIS OF THE DATA
3.3 RECOMMENDATION
3.4 CONCLUSION
3.5 REFERENCES
INTRODUCTION
The subject matter of merger an acquisition first emerged in the Nigeria capital market in 1983 and it has become charged with controversies and conflicting view as a young and developing economy, the Nigerian economy environment was not prepared for the intricacies of merger and acquisition, which are generally considered the problem of mature countries.
The impact of global economic depression and in particular the glut in the international oil market, caught up with the Nigeria economy and its industries and corporation one of the industries survival strategies was merger and acquisition plans.
Merger imply combination or fusion of two or more formerly independence business units into one organization with a common ownership and management. Acquisition on the other hand includes all business and corporate organizational and operational devices and arrangement by which the ownership and management of independently operated properties in business are bought under the control of single management.
Accordingly therefore, this term is used n changeably with mergers and well know as the term mergers and acquisition is to lawyers, accountants and businessmen generally, it was never used neither was it defined in the company Act of 1968”
Speared on by tough Luck and the encircling whiplash of the economic situation Nigerian corporation skyline is fast undergoing a change.
Top company executive, who have suffered out of heart burns under the scouring heat of attempting to prop up sagging turn over figures and the flat ball own ballooning bank overdraft are now able to solve these problem which appear impossible one such solution being mergers and acquisition.
It is a word now gaining prominence and toping the agenda of company boardroom meeting a company’s team up to service the economic situation.
With these developments, there arose many unresolved problems in relation to the accounting, atomic, legal and regulatory aspects of any definite statement; with wide range view emanated according is the varying prospecting of those concerned. In this type of sceneries, it expedient that something must be done about it. This is the objective of this research in view of foreging discussion, this study shall also consider the commercial objective of merger and acquisition, among which is achieved cost technology or capture the market of the target company, or to affect the reorganization o group of associated company, or so as to achieve tax advantage to the same devise cold be resorted to merger and acquisition could also be used to gain control of company or to boil out an oiling business so as to avert redundancy.
MERGER AND ACQUISITION A NEW TREND OF FINANCIAL MANAGEMENT IN NIGERIA
TABLE OF CONTENTS CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE SUBJECT MATTER 1.2 PROBLEMS ASSOCIATED WITH THE SUBJECT MATTER 1.3 THE IMPORTANCE OF STUDYING THE AREA 1.4 DEFINITION OF IMPORTANT TERM 1.5 REFERENCES CHAPTER TWO 2.0 LITERATURE REVIEW 2.1 THE ORIGIN OF THE... Continue Reading
CHAPTER ONE INTRODUCTION 1.0 BACKGROUND OF THE STUDY The increase in oil boom in the 70’s was an era of huge and expensive prospect of doubtful utility and viability. However, the heavy dependence on oil and imported input rendered the... Continue Reading
ABSTRACT Merger and acquisitions continues to enjoy importance as strategies among insurance companies for achieving firm growth, improve efficiency and profitability are among the key benefit sought for mergers and acquisition. The objective of this research project is... Continue Reading
abstract Simply put when organizations have no chance of survival they give themselves a last chance by merging or by being acquired, though the ultimate goal of every businesses in today’s world is to grow or be face with liquidation. In any developed countries like Nigeria, the ability of banking industry to play its significantrole has... Continue Reading
ABSTRACT In order to strengthen the competitive and operational capabilities of banks in Nigeria with a view towards returning global and public confidence to the Nigerian banking sector and the economy in general, the Central Bank of Nigeria instituted a banking reform in 2004, which saw most of the then existing 89 banks merging with each other.... Continue Reading
ABSTRACT The study is on “the effect of bank merger and acquisition on small business lending in Nigeria”. The researcher set to explain the effect of merger and acquisition on bank lending behavior the effect is divided into four. One is the static effect and the other three are types of dynamic effect; restructuring effect, direct effect and... Continue Reading
ABSTRACT Merger and acquisition has been widely acclaimed by scholars and professionals in business as the most desirable and effective strategy to revive the difficult situations facing Nigeria economic climate. The situation is so terrible that organizations had to turn around and adopt strategy to survive through this turbulent water. This... Continue Reading
ABSTRACT The global focus on mergers and acquisition in recent time demonstrated that the twin-concept is essential ingredients for business survival and by extension success. Mergers and acquisition has accounted for the most controversial and dramatic... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY The Nigerian banking industry has witnessed tremendous changes and expansion since the mid 1980s. Unfortunately the growth and expansion in the sector are not the manifestation of a sound or vibrant banking system known anywhere in the world. Most banks in Nigeria are characterized by inadequate... Continue Reading
ABSTRACT This research takes a look at the adoption of merger and acquisition as a growth strategy in business organization. There is no gainsaying the fact that many companies have been having financial problems. The reason is not far fetched.This is as a result of mismanagement and economic meltdown. In order to save such unhealthy situation in... Continue Reading