Effects of Business Mergers on Employee Loyalty in Selected Companies Listed at the Nairobi Securities Exchange

Kirima Lucy Karimi

Effects of Business Mergers on Employee Loyalty in Selected Companies Listed at the Nairobi Securities Exchange

Kirima Lucy Karimi * §

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§ University of Embu

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Abstract

The main objective of this study was to establish the effect of business mergers on employee loyalty in selected companies listed at the Nairobi Securities Exchange. Descriptive research design was used in this study. The target population of the study comprised of employees in the management level of three companies listed at the Nairobi securities Exchange that embraced mergers between the years of 2002 -2011. The sample consisted of top level managers, middle level managers and lower level managers in different departments. Data was collected using questionnaire. Both stratified and random sampling was used to obtain a sample size of 54 out of a target population of 308 respondents. Data was analyzed using descriptive statistics and the findings were presented using tables, charts and figures. The study found out that organization culture affect the employees and also culture differences affects employees loyalty.More so,if the management involved the employees in the merger process the process would be successful and the way the informationabout merger is communicated to the employees is very impotant.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Kirima Lucy Karimi. 2019. "Effects of Business Mergers on Employee Loyalty in Selected Companies Listed at the Nairobi Securities Exchange". Global Journal of Management and Business Research - E: Marketing GJMBR-E Volume 19 (GJMBR Volume 19 Issue E1).

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GJMBR Volume 19 Issue E1

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

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Classification

GJMBR-E Classification JEL Code: M39

Submission ReceivedDecember 12, 2018
Peer Review Double Blind
Handling Editor
Accepted January 1, 2019
Published January 15, 2019

Version of record

v1.2

Issue date

February 14, 2019

Language

English

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Article Matrices

Total Score: 148

Country: India

Subject: Global Journal of Management and Business Research

Authors: Kirima Lucy Karimi (PhD/Dr. count: 0)

View Count (all-time): 302

Total Views (Real + Logic): 924

Total Downloads (simulated): 68

Publish Date: 2019 01, Tue

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Total Views: 924

Total Downloads: 68

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