Post-Merger Analysis of the Financial Performance of SG SSB
Journal Title: International Journal of Financial Economics - Year 2014, Vol 3, Issue 2
Abstract
The study focused on the post merger analysis of the financial performance of SG-SSB. Data for a ten year period from 2004 to 2013 was used to analyse the financial performance. The analysis and discussion of the data point to three key findings. First, the study revealed that there is a significant difference in the financial performance of the bank’s pre acquisition and post acquisition periods. In relation to the determinants of the post acquisition financial performance of the bank, it was found that, the mergers and acquisition of SG-SSB has had a positive impact on the financial performance of the bank. It was also found that, macro economic variables have an adverse relationship with the financial performance of the bank. It is therefore recommended that SG-SSB should strengthen its banking processes to enhance efficiency of operations and further improve the liquidity of the bank.
Authors and Affiliations
Samuel Gameli Gadzo, John Gartchie Gatsi, Richard Kofi Akoto
Keywords
Related Articles
- EP ID EP27276
- DOI -
- Views 332
- Downloads 9
Macroeconomic Variables and Capital Market Performance: Evidence from Nigeria
The study aims at determining the causalities, correlation, cointegration and the relationship between the Nigeria Stock Exchange All Share Index(ASI), which is the proxy for capital market performance and macroeconomi...
Do Remittances Improve the Economic Growth of Africa?
This paper assesses the effect of remittance money amongst other variables on the economic growth of Africa through the experiences of Cameroon, Kenya, Lesotho, Morocco and Nigeria which are situated in different sub-r...
Nigerian Banks and Global Challenges: Further Evidence
This paper X-rays the Nigerian banking sector as well as the various reforms embarked by the Central Bank of Nigeria to strengthen Nigerian banks. Ranking of Nigerian banks among the top 1000 world banks was also exami...
Estimating Fundamental Value and the Size of Rational Speculative Bubbles of Hong Kong Stock Market during the Year 2008
Rational speculative bubble can be well-defined as transient upward movements of stock prices above fundamental value due to speculative investors. The Generalised Johansen-Ledoit-Sornette (GJLS) model has been develop...
Financial Sector and Economic Development in Africa: A Theoretical Concept
The paper examines the concept of institutions in Africa and the impact it plays on the development of the continent. It conducts a theoretical study on the both economic and financial data for about forty one African...