Influence of post-merger restructuring on organizational development

Corporate mergers are important for organizations to position themselves for growth and development. Stanbic Bank was formed as a result of a merger between CFC Bank and Stanbic Bank. Anecdotal evidence suggests that the merger has led to positive outcomes, but specific aspects of the merger that ha...

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Autores principales: Joseph Madara, Peter Mwaura, David Gichuhi
Formato: article
Lenguaje:EN
Publicado: Ümit Hacıoğlu 2021
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Acceso en línea:https://doaj.org/article/9c0ccf8a06774dba8c4e0a7ca4de9af1
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spelling oai:doaj.org-article:9c0ccf8a06774dba8c4e0a7ca4de9af12021-11-07T08:04:32ZInfluence of post-merger restructuring on organizational development2147-447810.20525/ijrbs.v10i7.1408https://doaj.org/article/9c0ccf8a06774dba8c4e0a7ca4de9af12021-11-01T00:00:00Zhttps://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/1408https://doaj.org/toc/2147-4478Corporate mergers are important for organizations to position themselves for growth and development. Stanbic Bank was formed as a result of a merger between CFC Bank and Stanbic Bank. Anecdotal evidence suggests that the merger has led to positive outcomes, but specific aspects of the merger that have contributed towards the organizational development of Stanbic Bank remain unclear. The study investigated the influence of Post-Merger Restructuring on the organizational development of Stanbic Bank Kenya. It was guided by efficiency theory and collected data from 27 branch managers and 9 senior sectional heads using a semi-structured questionnaire where a 75% response rate was achieved. Data were analyzed using descriptive and inferential statistics. Results showed that post-merger restructuring has a positive and statistically significant influence on organizational development at Stanbic Bank. The researcher concluded that post-merger restructuring had a positive influence on the organizational development of banks. The study recommends that banks should retrain their workforce, inculcate new culture, and redesign their operations in the post-merger period so as to realize the intended benefits.Joseph MadaraPeter MwauraDavid GichuhiÜmit Hacıoğluarticlemergerrestructuringorganizational developmentorganizational cultureorganizational designbankskenyaSocial SciencesHENInternational Journal of Research In Business and Social Science, Vol 10, Iss 7, Pp 363-369 (2021)
institution DOAJ
collection DOAJ
language EN
topic merger
restructuring
organizational development
organizational culture
organizational design
banks
kenya
Social Sciences
H
spellingShingle merger
restructuring
organizational development
organizational culture
organizational design
banks
kenya
Social Sciences
H
Joseph Madara
Peter Mwaura
David Gichuhi
Influence of post-merger restructuring on organizational development
description Corporate mergers are important for organizations to position themselves for growth and development. Stanbic Bank was formed as a result of a merger between CFC Bank and Stanbic Bank. Anecdotal evidence suggests that the merger has led to positive outcomes, but specific aspects of the merger that have contributed towards the organizational development of Stanbic Bank remain unclear. The study investigated the influence of Post-Merger Restructuring on the organizational development of Stanbic Bank Kenya. It was guided by efficiency theory and collected data from 27 branch managers and 9 senior sectional heads using a semi-structured questionnaire where a 75% response rate was achieved. Data were analyzed using descriptive and inferential statistics. Results showed that post-merger restructuring has a positive and statistically significant influence on organizational development at Stanbic Bank. The researcher concluded that post-merger restructuring had a positive influence on the organizational development of banks. The study recommends that banks should retrain their workforce, inculcate new culture, and redesign their operations in the post-merger period so as to realize the intended benefits.
format article
author Joseph Madara
Peter Mwaura
David Gichuhi
author_facet Joseph Madara
Peter Mwaura
David Gichuhi
author_sort Joseph Madara
title Influence of post-merger restructuring on organizational development
title_short Influence of post-merger restructuring on organizational development
title_full Influence of post-merger restructuring on organizational development
title_fullStr Influence of post-merger restructuring on organizational development
title_full_unstemmed Influence of post-merger restructuring on organizational development
title_sort influence of post-merger restructuring on organizational development
publisher Ümit Hacıoğlu
publishDate 2021
url https://doaj.org/article/9c0ccf8a06774dba8c4e0a7ca4de9af1
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AT petermwaura influenceofpostmergerrestructuringonorganizationaldevelopment
AT davidgichuhi influenceofpostmergerrestructuringonorganizationaldevelopment
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