The Role of Strategic Human Resources Management in Merger and Acquisition in Access Bank Nigeria II

This research study investigates the role of SHRM in M&As in Access bank, Nigeria during its mergers and acquisitions (M&A) in 2019. It further explores the relations, and factors impacting both SHRM and M&As. It further explores employees’ retention (EI), integration (I) and effective communication (EC) being the components of SHRM and organizational outcome (OO), being the component of M&As respectively. It also explores how the aim and goals of research align with the developed conceptual framework in the model hypotheses in literature. Likert-scale questionnaires were developed from Google form and administered to 226 participants. The collected data is analyzed by SPSS tool and excel and are interpreted, through correlation analysis and hierarchical multiple regression analysis. Thus, the findings and results demonstrate significant association between the independent variable - I, ER, EC, and dependent variable - organization outcome. 20.4% variance in outcome is accounted for integration - the percentage explains or predicts how well integration is carried-out, while the inclusion of employee retention and effective communication accounted for 26.5% and 38.7% variance in outcome respectively. With EC being the most influential of the three, and how well a company keeps it employees is explained by 26.5%. Correlation results in section 1.11.1 and 1.11.2 support each other with no direct contradiction between non-collinearity tests and correlation analysis, while the moderate correlation demonstrates significant association thus, making allowance for reliance and meaningful contributions of each variable in the model. In conclusion, significant input is made in literature and further study underscores the importance of improved SHRM strategies and innovativeness.

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Publication Details

Journal
Asian Journal of Economics Business and Accounting
Published
2024-11-21
DOI
https://doi.org/10.9734/ajeba/2024/v24i111574
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
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article

The Role of Strategic Human Resources Management in Merger and Acquisition in Access Bank Nigeria II

Rebecca Yirenkyiwaa Ntow, Chijioke Paul Igwe, Omagbemi Toritsemotse Enonuya, Ejikeme Peter Igwe
Asian Journal of Economics Business and Accounting
Islamic Finance and Banking Studies
article

The Role of Strategic Human Resources Management in Merger and Acquisition in Access Bank Nigeria II

Rebecca Yirenkyiwaa Ntow, Chijioke Paul Igwe, Omagbemi Toritsemotse Enonuya, Ejikeme Peter Igwe
article en

Abstract

This research study investigates the role of SHRM in M&As in Access bank, Nigeria during its mergers and acquisitions (M&A) in 2019. It further explores the relations, and factors impacting both SHRM and M&As. It further explores employees’ retention (EI), integration (I) and effective communication (EC) being the components of SHRM and organizational outcome (OO), being the component of M&As respectively. It also explores how the aim and goals of research align with the developed conceptual framework in the model hypotheses in literature. Likert-scale questionnaires were developed from Google form and administered to 226 participants. The collected data is analyzed by SPSS tool and excel and are interpreted, through correlation analysis and hierarchical multiple regression analysis. Thus, the findings and results demonstrate significant association between the independent variable - I, ER, EC, and dependent variable - organization outcome. 20.4% variance in outcome is accounted for integration - the percentage explains or predicts how well integration is carried-out, while the inclusion of employee retention and effective communication accounted for 26.5% and 38.7% variance in outcome respectively. With EC being the most influential of the three, and how well a company keeps it employees is explained by 26.5%. Correlation results in section 1.11.1 and 1.11.2 support each other with no direct contradiction between non-collinearity tests and correlation analysis, while the moderate correlation demonstrates significant association thus, making allowance for reliance and meaningful contributions of each variable in the model. In conclusion, significant input is made in literature and further study underscores the importance of improved SHRM strategies and innovativeness.

Asian Journal of Economics Business and AccountingVol. 24(11)
University of Ulster (GB), University of Westminster (GB)
Industry, innovation and infrastructure
Openalex Percentile: Top 65%
Islamic Finance and Banking Studies
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