THE IMPACT OF MERGERS AND ACQUISITION ON THE FINANCIAL PERFORMANCE
OF COMMERCIAL BANKS LISTED IN THE NAIROBI SECURITIES EXCHANGE (NSE)
By
1. HELLEN W.KABERERE D33/23263/2009 ……………………………..
2. ELIAKIM O. OKEMWA D33/22372/2008 ……………………………..
3. BRIAN O. AGWEYA D33/21997/2008 ……………………………..
4. ALEX O. CHIENJO D33/21913/2008 ……………………………..
5. WINNIE K. MUGASIA D33/23548/2009 ……………………………..
A RESEARCH PROPOSAL SUBMITTED IN PARTIAL FULFILLMENT OF THE
REQUIREMENT FOR THE BACHELOR OF COMMERCE (FINANCE)
UNIVERSITY OF NAIROBI
MAY 2012
, DECLARATION
This research project is our original work and has never been presented to any other examination
body. No part of this project should be reproduced without our consent or that of the University
of Nairobi.
NAME: REG. NO.: SIGNATURE
1. HELLEN W.KABERERE D33/23263/2009 ……………………………..
2. ELIAKIM O. OKEMWA D33/22372/2008 ……………………………..
3. BRIAN O. AGWEYA D33/21997/2008 ……………………………..
4. ALEX O. CHIENJO D33/21913/2008 ……………………………..
5. WINNIE K. MUGASIA D33/23548/2009 ……………………………..
DATE………………………………………….
DECLARATION BY SUPERVISOR:
This research project has been submitted with my approval as The University of Nairobi
Supervisor.
SUPERVISOR : DR. ADUDA
SIGNATURE …………………………….
DATE …………………………….
ii
, DEDICATION
We dedicate this research work to the most amazing people in our lives. Through them, we were
able to get through with our project and they are a source of inspiration and strength to us.
iii
, ACKNOWLEDGEMENT
We wish to acknowledge the entire management of the various financial institutions staff for
their support during the research work. God bless them. We also acknowledge the contribution of
our supervisor in this research work, Dr. Aduda may God bless you too. We also thank NSE and
UoN staff for giving us a chance to undertake this research.
iv
OF COMMERCIAL BANKS LISTED IN THE NAIROBI SECURITIES EXCHANGE (NSE)
By
1. HELLEN W.KABERERE D33/23263/2009 ……………………………..
2. ELIAKIM O. OKEMWA D33/22372/2008 ……………………………..
3. BRIAN O. AGWEYA D33/21997/2008 ……………………………..
4. ALEX O. CHIENJO D33/21913/2008 ……………………………..
5. WINNIE K. MUGASIA D33/23548/2009 ……………………………..
A RESEARCH PROPOSAL SUBMITTED IN PARTIAL FULFILLMENT OF THE
REQUIREMENT FOR THE BACHELOR OF COMMERCE (FINANCE)
UNIVERSITY OF NAIROBI
MAY 2012
, DECLARATION
This research project is our original work and has never been presented to any other examination
body. No part of this project should be reproduced without our consent or that of the University
of Nairobi.
NAME: REG. NO.: SIGNATURE
1. HELLEN W.KABERERE D33/23263/2009 ……………………………..
2. ELIAKIM O. OKEMWA D33/22372/2008 ……………………………..
3. BRIAN O. AGWEYA D33/21997/2008 ……………………………..
4. ALEX O. CHIENJO D33/21913/2008 ……………………………..
5. WINNIE K. MUGASIA D33/23548/2009 ……………………………..
DATE………………………………………….
DECLARATION BY SUPERVISOR:
This research project has been submitted with my approval as The University of Nairobi
Supervisor.
SUPERVISOR : DR. ADUDA
SIGNATURE …………………………….
DATE …………………………….
ii
, DEDICATION
We dedicate this research work to the most amazing people in our lives. Through them, we were
able to get through with our project and they are a source of inspiration and strength to us.
iii
, ACKNOWLEDGEMENT
We wish to acknowledge the entire management of the various financial institutions staff for
their support during the research work. God bless them. We also acknowledge the contribution of
our supervisor in this research work, Dr. Aduda may God bless you too. We also thank NSE and
UoN staff for giving us a chance to undertake this research.
iv