标题:The Impact of Organisational Restructuring on the Financial Performance of Public Banks: A Post Restructuring Assessment of Agricultural Development Bank, Ghana
出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:In recent years, corporate restructuring has become a common practice undertaken by firms for surviving an increasingly fierce business environment. In the present work, a case study is employed to explore the motivators and impacts of restructuring of one of Ghana’s largest bank, Agricultural Development Bank (ADB). This paper begins by illustrating the theoretical explanations and implications regarding corporate restructuring. Taking into account the Ghanaian institutional context, the theoretical framework implies that the framework regarding motivators and impacts of restructuring could be applicable to state-owned enterprises (SOEs). Then, it presents a case study of ADB concerning the inside story of its restructuring. It is demonstrated that the motivators of ADB’s restructuring lie in the changes in the business environment, ADB’s weak governance, poor strategic control, and poor performance; whilst the impacts are on ADB’s corporate governance, organizational structure and strategic control, performance, and employee (other impacts). It also includes some comparisons between the relevant literature and the findings from the case study. Hopefully, this study could contribute to the literature on the topic of restructuring of SOEs (state-owned commercial banks in particular).
关键词:Agricultural Development Bank; Ghana; Restructuring; Corporate