Downloads: 111 | Weekly Hits: ⮙4 | Monthly Hits: ⮙14
Research Paper | Management | Kenya | Volume 5 Issue 5, May 2016
Effect of Market Expansion Acquisition Motive on Financial Performance of Manufacturing Companies in Kenya: A Case Study of Brookside Dairies Limited
Isack Odiwuor Abiero, Dr. Agnes Njeru
Many companies are acquiring other companies with a motive to expand its market. This study sought to determine whether the market expansion motives have effects on financial performance of the companies. The study was conducted at the Brookside Dairies Ltd headquarters at Ruiru, which was purposively sampled due to its recent past business history of acquiring other dairy firms. The study focused also the companys acquired targets including Ilara Dairy Ltd, Delamare Ltd, Buzeki Dairy Ltd and Spin Knit Dairy Ltd. Three years pre and post-acquisition financial statements of the company was also examined and its key financial ratios computed to determine pre and post-acquisition financial performance. A descriptive research design was adopted. The study used a sample size of 40 respondents who were all the management employees working in the case company and acquired targets. The choice and identification of key informants was sampled purposively as they hold key information of the companys business information and strategies. Questionnaire was the main instrument for data collection. However, financial documents from the company also provided secondary data. Analysis and interpretation of the data was done using both qualitative and quantitative methods according to research objectives and research questions. The data collected was summarized, classified, tabulated and analyzed qualitatively. Data was then presented using tables, charts and percentages. The study findings revealed that market expansion motive have effect on the financial performance of manufacturing company.
Keywords: market expansion motive, acquisition, financial performance, manufacturing company, Brookside Dairies Limited
Edition: Volume 5 Issue 5, May 2016
Pages: 2298 - 2302
How to Cite this Article?
Isack Odiwuor Abiero, Dr. Agnes Njeru, "Effect of Market Expansion Acquisition Motive on Financial Performance of Manufacturing Companies in Kenya: A Case Study of Brookside Dairies Limited", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=NOV163862, Volume 5 Issue 5, May 2016, 2298 - 2302
Similar Articles with Keyword 'acquisition'
Downloads: 111 | Weekly Hits: ⮙4 | Monthly Hits: ⮙14
Research Paper, Management, Kenya, Volume 5 Issue 5, May 2016
Pages: 2298 - 2302Effect of Market Expansion Acquisition Motive on Financial Performance of Manufacturing Companies in Kenya: A Case Study of Brookside Dairies Limited
Isack Odiwuor Abiero, Dr. Agnes Njeru
Downloads: 114 | Weekly Hits: ⮙1 | Monthly Hits: ⮙11
Review Papers, Management, India, Volume 3 Issue 11, November 2014
Pages: 1951 - 1954Reviews on Cross Border Mergers and Acquisitions
Dr. S Nirmala, Arsha Shaju
Downloads: 125
Research Paper, Management, Nigeria, Volume 2 Issue 3, March 2013
Pages: 460 - 468Nigeria Industrial and University Education Entrepreneurial Experience
Ola Adebayo
Downloads: 125 | Weekly Hits: ⮙5
Research Paper, Management, Nigeria, Volume 3 Issue 5, May 2014
Pages: 1283 - 1289Repositioning the Women ?August Meeting? in South East Nigeria for Sustainable Development
Dr. Cletus Ikechukwu Anah
Downloads: 128
Research Paper, Management, India, Volume 3 Issue 12, December 2014
Pages: 602 - 609Power and North East: The Hydro Power Scenario of North East
Kaushik Handique, Angshuman Dutta
Similar Articles with Keyword 'financial performance'
Downloads: 111
Case Studies, Management, India, Volume 3 Issue 12, December 2014
Pages: 1950 - 1953A Case Study of Efficiency Analysis on Power Grid Corporation of India Ltd
Dr. Surbhi Gupta, Mohit Gupta
Downloads: 36 | Monthly Hits: ⮙10
Research Paper, Management, Indonesia, Volume 10 Issue 3, March 2021
Pages: 1030 - 1032Knowing the Impact of COVID-19 on the Financial Distress of PT XYZ with the Altman Z-Score and Springate Methods
Dina Sabrina, Muhammad Alfi Fudholi
Downloads: 107
Research Paper, Management, Indonesia, Volume 9 Issue 6, June 2020
Pages: 1109 - 1115The Effect of Free Cash Flow and Financial Leverage on Financial Performance of Toll Road Infrastructure and Building Construction Companies Listed on the Indonesia Stock Exchange for Period 2014-2018
Finna Delphinia Santoso
Downloads: 108 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1
Research Paper, Management, India, Volume 9 Issue 7, July 2020
Pages: 708 - 711Effect of Amalgamation on Financial Performance: A Case Study of Canara Bank Ltd
Yogashree C
Downloads: 110
Research Paper, Management, India, Volume 4 Issue 2, February 2015
Pages: 1758 - 1763A Study on Financial Performance of New Generation Private Sectors Commercial Banks in India
C. Kandasamy, C. Indirani
Similar Articles with Keyword 'manufacturing company'
Downloads: 111 | Weekly Hits: ⮙4 | Monthly Hits: ⮙14
Research Paper, Management, Kenya, Volume 5 Issue 5, May 2016
Pages: 2298 - 2302Effect of Market Expansion Acquisition Motive on Financial Performance of Manufacturing Companies in Kenya: A Case Study of Brookside Dairies Limited
Isack Odiwuor Abiero, Dr. Agnes Njeru
Downloads: 129 | Weekly Hits: ⮙2 | Monthly Hits: ⮙9
Research Paper, Management, Rwanda, Volume 6 Issue 10, October 2017
Pages: 1366 - 1371Effect of Inventory Management on Financial Performance of Manufacturing Firms in Rwanda, A Case Study of Bralirwa
Jean Nepo Mulindabigwi, Dr. Patrick Mulyungi
Downloads: 161 | Weekly Hits: ⮙2 | Monthly Hits: ⮙11
Research Paper, Management, Indonesia, Volume 8 Issue 5, May 2019
Pages: 2098 - 2107The Effect of Return on Equity (ROE) on Company Value with Dividend and Leverage as Moderating Variables
Sri Rizki Annisa, Hermanto, Siti Aisyah Hidayati