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- Title
Corporate Governance and Merger Activity in the Nigeria Banking Industry: Some Clarifying Comments.
- Authors
Akintoye, Esbola Rufus; Somoye, R. O. C.
- Abstract
This paper takes an explorative search into merger activity and its impact in the sustenance of shareholder value via sound corporate governance structures. An attempt is made to draw lessons from the US experience in merger activity so the Nigerian banking industry which has recently recorded nineteen (19) successful mergers arising from the regulatory demand for consolidation The data used are essentially secondary and the study suggests some steps to ensure improvements in corporate governance through the pursuit of shareholder value. These, for managers, constitute instruments for their job security.
- Subjects
NIGERIA; MERGERS &; acquisitions; STOCKHOLDERS; CORPORATE governance; BANKING industry; BANK mergers
- Publication
Banking & Finance Letters, 2009, Vol 1, Issue 2, p15
- ISSN
1308-6588
- Publication type
Article