Determinants of growth of firms trought mergers and acquisitions

This book is based on key concepts of Mergers and Acquisitions (M&A) which are relevant to the Kenyan situation. There is a disparity between Kenya's experiences and that of the developed world. The ensuing disparity in world mergers and acquisitions and Kenya in particular forms the basis of this study. Bidder characteristics, industry variables and market variables were included in an exploratory survey of six firms listed in financial and Industrial sectors listed at the Nairobi Stock Exchange. At 0.05 significant levels, regression results averagely showed an impressive prediction of R squared value ranging from 0.667 to 0.999. Profitability was the most influential variable in determining growth of firms through M&A in Kenya. Industry concentration, sales growth, stock market index and GDP growth only determined growth to a lesser Extent. Based on the findings, it was concluded that listed The book will appeal to scholars,researchers, policy makers, investors and business executives.

Autorentext

Fredrick Onyango Aila (MBA, BCOM) is currently a lecturer at Great Lakes University of Kisumu.Aila is currently pursuing his PhD at Maseno University Charles Nyangara Asaka: MBA- Studied Business Administration at Maseno University and holds a Postgraduate Diploma from the same University.He is currently a lecturer at Kisumu Polytechnic in Kenya