An Investigation of the Factors that are Critical to Successful Consolidation of Capital Base by Banks

dc.contributor.authorOyatoye, E. O.
dc.contributor.authorAdekoya, A. G.
dc.contributor.authorDixon-Ogbechi, B. N.
dc.contributor.authorHaran, E. M.
dc.contributor.authorAiyeku, J. F.
dc.date.accessioned2022-10-04T14:11:31Z
dc.date.available2022-10-04T14:11:31Z
dc.date.issued2011
dc.descriptionScholarly articleen_US
dc.description.abstractIn recent years, the Nigerian economy has witnessed the introduction of a large number of reforms to move the economy forward. In this connection, the Nigerian banking industry experienced a major governmental policy change in 2004 when the Central Bank of Nigeria announced that banks operating in Nigeria had to consolidate their capital base for the Nigerian banking industry to meet developmental challenges of the 21st century. It thus became a necessity on the corporate managers of banks to decide on the different alternatives available to them by considering different factors in order to strategically and successfully consolidate. This paper conducts an investigation into the rating of the factors that are critical to successful consolidation of capital base by banks. Respondent were asked to indicate the different approaches by which a bank could achieve consolidation of capital base. Respondents were requested to indicate and compare the various factors identified to be critical to successful consolidation of capital base, according to their judgment, on how important they are when compared with one another. The sample size for the study was 144 participants. Responses were generated from top, senior and middle management levels of eighteen banks that resulted into six mega banks by means of a structured questionnaire containing dichotomous questions based on Saaty’s scale of preference, using both quantitative and qualitative factors. Consistency ratios were computed to confirm how consistent the judgments of the respondents were. Composite priorities of the critical importance of the factors were computed, while the pooled average composite priorities were also computed. The results from the study revealed that the most important factor to successful consolidation of capital base by a bank is total assets. This was followed by market share and managerial skill, in that order, respectively.en_US
dc.identifier.citationOyatoye, E. O., Adekoya, G. A., Dixon-Ogbechi, B. N., Haran, E. M.; Aiyeku, J. F.(2011). An Investigation of the Factors that are Critical to Successful Consolidation of Capital Base by Banks, International Journal of Business and Management Tomorrow, Vol. 1(2),en_US
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/11671
dc.language.isoenen_US
dc.publisherInternational Journal of Business and Management Tomorrowen_US
dc.subjectanalytic hierarchy processen_US
dc.subjectevaluative toolen_US
dc.subjectstrategic consolidationen_US
dc.subjectcapital baseen_US
dc.subjectbanking industryen_US
dc.subjectResearch Subject Categories::SOCIAL SCIENCESen_US
dc.titleAn Investigation of the Factors that are Critical to Successful Consolidation of Capital Base by Banksen_US
dc.typeArticleen_US
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