An Assessment of employees' perception of factors influencing the performance of existing mergers and acquisitions in the aviation industry in Kenya
Date
2019
Authors
Yakub, Ismail Anwarali
Journal Title
Journal ISSN
Volume Title
Publisher
Strathmore University
Abstract
The purpose of this study was to determine the employees' perception of the factors influencing the performance of existing Mergers and Acquisitions (M&A) in the aviation industry in Kenya. The specific objectives that acted as a guide for this study included: investigating the influence of firm size on the performance of existing M&A in the aviation industry in Kenya, determining the influence of corporate culture on the performance of existing M&A in the aviation industry in Kenya, to establish the effects of legal and regulatory compliance on the performance of existing M&A in the aviation industry in Kenya, to find out the influence of management structure on performance of existing M&A in the aviation industry in Kenya. The descriptive survey research had a targeted population of 403 staff working in all 6 aviation firms. Thirty percent (30%) of the entire staff population of staff in the six firms was chosen using a stratified random sampling method. The sample size was therefore 121 possible respondents. The research instrument was a questionnaire which helped collect primary data. Data collected in this study analysed via quantitative and assembled to form the final findings and interpretations. Data gathered quantitatively from various close-ended questions will be classified into various groups and an analysis done. The SPSS program helped calculate the expected parameters. Descriptive statistics revolve around charts, graphs as well as the frequenq1 percentages utilized in measuring the central tendencies and reporting the data assembled from the findings extracted from the close-ended items. Above the inferential statistics like regression analysis, other forms of analysis such as ANOVA and correlation were used. The study concluded that; there was a rise in the number of various firm outlets in the recent past, the staff is aware that there are a series of product diversity potential consumers enjoy since the merger and/or acquisition, and the staff was aware of a series of associated benefits accruing from firm size, especially in the spread of risks and other related expenses. The shared norms as well as the beliefs in studied firms have helped them to stand at a good position in the aviation industry their organization has shared values and assumptions which are well a1ticulated in the strategic plan being implemented, and the management in their aviation firm is responsible to the harmonization of different types of cultures. It was noted that; the legal policies governing the operations of their firm are simple and understandable; the government's requirements on the level of adoption of legal policies are a serious hindrance towards the overall performance of this firm. Finally, the study noted that; there is an adequate management structure in place in the firms that articulates the operations of employees the management structure categorization is effective in defining each role of the staff in the M&A, the staff has experienced challenges associated with the division of roles/duties by top management in this organization.
Description
A dissertation submitted for partial fulfillment of the requirements for the award of Masters in Business Administration (MBA) Degree at Strathmore University