Effect Of The Current Economic Recession On The Performance Of Financial Markets In Nigeria. A Study Of The Nigerian Stock Exchange (Nse).
ABSTRACT
This study explores the effect of mergers and acquisitions on the growth of
deposit money banks in Nigeria. Descriptive ex-post facto research design is
adopted for the study and gathered through the use of secondary data from the
study area. The study adopts one bank for the purpose ofproximity, convenience
and non-probability. The adopted bank is UBA based on its multi-functional
characteristic as a deposit money bank in Nigeria for the period 2000-2016.
The study adopts ANOVA (analysis of variance) and multiple regression as the
statistical tool for analyzing data. The key findings of the study show that
increase in capital base has a signicant relationship with the shareholders'
wealth, in line with the first specic objective which is to determine the
relationship between increase in merged bank 's capital base and shareholders'
wealth. Further findings reveal that profit before tax and revenue also has a
significant relationship with the shareholders' wealth. That is in line with the
second and third objectives of the study Based on the findings of this study from
the test of three hypotheses earlier formulated, it is recommended that Bank
management should give proper attention to scope and scale of economies;
eliminate redundancy, duplication, corrupt and inefficient staff
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ONWUESIE, O (2021). Effect Of The Current Economic Recession On The Performance Of Financial Markets In Nigeria. A Study Of The Nigerian Stock Exchange (Nse).. Mouau.afribary.org: Retrieved Nov 25, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-the-current-economic-recession-on-the-performance-of-financial-markets-in-nigeria-a-study-of-the-nigerian-stock-exchange-nse-7-2
OBINNA, ONWUESIE. "Effect Of The Current Economic Recession On The Performance Of Financial Markets In Nigeria. A Study Of The Nigerian Stock Exchange (Nse)." Mouau.afribary.org. Mouau.afribary.org, 09 Jun. 2021, https://repository.mouau.edu.ng/work/view/effect-of-the-current-economic-recession-on-the-performance-of-financial-markets-in-nigeria-a-study-of-the-nigerian-stock-exchange-nse-7-2. Accessed 25 Nov. 2024.
OBINNA, ONWUESIE. "Effect Of The Current Economic Recession On The Performance Of Financial Markets In Nigeria. A Study Of The Nigerian Stock Exchange (Nse).". Mouau.afribary.org, Mouau.afribary.org, 09 Jun. 2021. Web. 25 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-the-current-economic-recession-on-the-performance-of-financial-markets-in-nigeria-a-study-of-the-nigerian-stock-exchange-nse-7-2 >.
OBINNA, ONWUESIE. "Effect Of The Current Economic Recession On The Performance Of Financial Markets In Nigeria. A Study Of The Nigerian Stock Exchange (Nse)." Mouau.afribary.org (2021). Accessed 25 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-the-current-economic-recession-on-the-performance-of-financial-markets-in-nigeria-a-study-of-the-nigerian-stock-exchange-nse-7-2