THE IMPACT OF MERGER AND ACQUISITION ON ORGANIZATIONAL PERFORMANCE: THE ROLE OF CORPORATE CULTURE(A CASE STUDY OF KEY STONE BANK PLC)

The study appraised the impact of merger and acquisition on organizational performance, using Keystone Bank Plc as a unit of analysis. The main objective of this study was to show the significant effect of merger and acquisition on employment rate. The study adopted the survey design in collecting data, from a sample of 329 staffs. A total of 87 questionnaires were retrieved. Data were sourced from primary and secondary source. The primary method involved the use of interview and questionnaire methods. Data was analyzed with the aid of simple percentages and frequency tables. Therefore, using chi-square statistical analysis I found out that acquisition have a significant impact on organizational performance, that there is correlation between merger and acquisition and liquidity in the banking sector also, merger and acquisition increases the employment rate in the banking industry. The study concludes that, merger and acquisition has brought a relative stability in the banking sector which is significant to the department of an organization and the nation as a whole.