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JOURNAL OF ACCOUNTING AND FINANCE
Mergers and Acquisitions in the Era of Globalizatıon: The Ghanaian Experience
Author(s): Emmanuel Mensah, Joseph Mensah Onumah
Citation: Emmanuel Mensah, Joseph Mensah Onumah, (2017) "Mergers and Acquisitions in the Era of Globalizatıon: The Ghanaian Experience," Journal of Accounting and Finance, Vol. 17, Iss. 3, pp. 96-114
Article Type: Research paper
Publisher: North American Business Press
Abstract:
The purpose of this paper was to examine the current wave of mergers and acquisitions (M&As) in Ghana, its drivers and implications for the economy. The study was qualitatively designed via means of an interview guide to elicit information on the ‘ex-ant’ motives of M&As. Other data were obtained from various sources covering the period 1994 to 2015. The study finds and concludes that M&A activities have occurred in various sectors of the Ghanaian economy. It also became evident that growth, survival and management’s interest in building empires for themselves have been the main drivers of these merger activities.
