The Effect of Mergers and Acquisitions Strategies on Financial Performance of Commercial Banks in Kenya
The Effect of Mergers and Acquisitions Strategies on Financial Performance of Commercial Banks in Kenya
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并购策略对肯尼亚商业银行财务绩效的影响
DOI：
10.19044/esj.2022.v18n25p110
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发表时间：
2022
期刊：
影响因子：
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通讯作者：
Z. Onsomu
中科院分区：
文献类型：
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作者：
J. Gachigo;Herick O Ondigo;J. Aduda;Z. Onsomu
肯尼亚商业银行的运营环境变得非常活跃且竞争激烈。目睹的银行倒闭和财务绩效不佳的案例促使商业银行制定战略，以提高其财务绩效、保持竞争力并满足监管机构的合规要求。作为旨在缓解陷入困境的行业的战略，并购战略正在兴起。有鉴于此，本研究的目的是探讨并购策略对肯尼亚商业银行财务绩效的影响。运营效率和市场份额对肯尼亚商业银行财务绩效的影响形成了具体目标。研究目标得到协同理论、资源观理论和代理理论的支持。该研究采用了相关描述性研究设计，包括横截面数据分析。 截至2017年，肯尼亚有30家商业银行考虑过并购策略作为本次研究的人群。计算合并前和收购后的三年比率平均值，以评估财务绩效的影响。交易的年份被排除在外。使用 T 检验测试并购前策略与并购后策略比率之间的平均差异。结果表明，并购策略与因变量具有静态正显着关系。研究建议，政策制定者制定政策，促进和鼓励商业银行采用并购策略，以实现更好的财务绩效。
The operating environment for commercial banks in Kenya has become very dynamic and highly competitive. The witnessed cases of bank failure and poor financial performance have made commercial banks develop strategies to improve their financial performance, remain competitive, and meet the regulator's compliance requirements. Mergers and Acquisitions Strategies are on the rise as a strategy aimed to alleviate the ailing sector. In light of this, the purpose of this study was to examine the impact on financial performance of commercial banks in Kenya as a result of mergers and acquisitions Strategies. Operating efficiency and market share impact on the financial performance of commercial banks in Kenya formed the specific objectives. The study objectives were supported by synergies theory, resource-based view theory and agency theory. The study adopted a correlational descriptive research design, including cross-sectional data analysis. By the year 2017, 30 commercial banks in Kenya had considered mergers and acquisitions strategies were considered as the population of this study. An average of three-year ratios was computed in both pre-merger and post -acquisition periods inorder to assess the impact financial performance. The years of the deal were excluded. The mean difference between the pre-Mergers and Acquisitions Strategies and post-Mergers and Acquisitions Strategies ratios was tested using the T-test.The findings were that Mergers and Acquisitions Strategies have a statically positive significant relationship with the dependent variable. Recommends from the study are that, the policymakers create policies that facilitate and encourage commercial banks to employ mergers and acquisition strategies to achieve better financial performance.