An investigation of the perceived human resource factors that contributed to success of acquisitions of the Malaysian domestic banks

Acquisition activity is common among firms and banks as this is one of the strategic tools they use for their expansions and organizational growth. However, the government directed acquisitions on Malaysian domestic banks to date, is still an exceptional case as no such exercise has been practised b...

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Main Author:	Sim, David Huay Chuang
Format:	Thesis
Language:	eng eng
Published:	2016
Subjects:	HF5549-5549.5 Personnel Management Employment HG Finance
Online Access:	https://etd.uum.edu.my/6335/1/s91543_01.pdf https://etd.uum.edu.my/6335/2/s91543_02.pdf
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id	my-uum-etd.6335
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Ahmad, Nor Hayati Mohd. Yunus, Jasmani
topic	HF5549-5549.5 Personnel Management Employment HG Finance
spellingShingle	HF5549-5549.5 Personnel Management Employment HG Finance Sim, David Huay Chuang An investigation of the perceived human resource factors that contributed to success of acquisitions of the Malaysian domestic banks
description	Acquisition activity is common among firms and banks as this is one of the strategic tools they use for their expansions and organizational growth. However, the government directed acquisitions on Malaysian domestic banks to date, is still an exceptional case as no such exercise has been practised by any country at the national level. Although several studies have been conducted to measure the success of directed bank acquisitions using financial indicators, not many studies have been carried out to measure the influence of factors such as human resource competencies, human resource development programmes, corporate work culture and leadership style, on the success of the acquisitions. For the purpose of this study, a total of 139 respondents were randomly sampled from 8 Malaysian domestic banks. The respondents included chairperson and those who are directly or indirectly involved in the acquisitions of the Malaysian domestic banks. Using SPSS, the data collected were analysed descriptively, tested using normality tests, Cronbach’s Alpha Reliability Test, Pearson Correlation Analysis and Multiple Linear Regression Analysis. The Pearson Correlation Analysis showed that all the 4 Independent Variables and the one Dependent Variable are all positively correlated and significant. The Regression Analysis proved that all the 4 hypotheses are significant and accepted. The findings proved that all the 4 predicting Independent Variables, namely human resource competencies, human resource development programmes, corporate work culture and leadership style positively and significantly contributed to 55.9 per cent of the criterion Dependent Variable, that is the success of the acquisitions of the Malaysian domestic banks. The findings also discovered two most significant factors, namely human resource competencies and human resource development programmes. The implication of the overall findings suggested that human resource elements play significant roles in ensuring the success of the banks’ directed acquisitions.
format	Thesis
qualification_name	other
qualification_level	Doctorate
author	Sim, David Huay Chuang
author_facet	Sim, David Huay Chuang
author_sort	Sim, David Huay Chuang
title	An investigation of the perceived human resource factors that contributed to success of acquisitions of the Malaysian domestic banks
title_short	An investigation of the perceived human resource factors that contributed to success of acquisitions of the Malaysian domestic banks
title_full	An investigation of the perceived human resource factors that contributed to success of acquisitions of the Malaysian domestic banks
title_fullStr	An investigation of the perceived human resource factors that contributed to success of acquisitions of the Malaysian domestic banks
title_full_unstemmed	An investigation of the perceived human resource factors that contributed to success of acquisitions of the Malaysian domestic banks
title_sort	investigation of the perceived human resource factors that contributed to success of acquisitions of the malaysian domestic banks
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2016
url	https://etd.uum.edu.my/6335/1/s91543_01.pdf https://etd.uum.edu.my/6335/2/s91543_02.pdf
_version_	1747828060815622144
spelling	my-uum-etd.63352021-04-19T07:37:04Z An investigation of the perceived human resource factors that contributed to success of acquisitions of the Malaysian domestic banks 2016 Sim, David Huay Chuang Ahmad, Nor Hayati Mohd. Yunus, Jasmani Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HF5549-5549.5 Personnel Management. Employment HG Finance Acquisition activity is common among firms and banks as this is one of the strategic tools they use for their expansions and organizational growth. However, the government directed acquisitions on Malaysian domestic banks to date, is still an exceptional case as no such exercise has been practised by any country at the national level. Although several studies have been conducted to measure the success of directed bank acquisitions using financial indicators, not many studies have been carried out to measure the influence of factors such as human resource competencies, human resource development programmes, corporate work culture and leadership style, on the success of the acquisitions. For the purpose of this study, a total of 139 respondents were randomly sampled from 8 Malaysian domestic banks. The respondents included chairperson and those who are directly or indirectly involved in the acquisitions of the Malaysian domestic banks. Using SPSS, the data collected were analysed descriptively, tested using normality tests, Cronbach’s Alpha Reliability Test, Pearson Correlation Analysis and Multiple Linear Regression Analysis. The Pearson Correlation Analysis showed that all the 4 Independent Variables and the one Dependent Variable are all positively correlated and significant. The Regression Analysis proved that all the 4 hypotheses are significant and accepted. The findings proved that all the 4 predicting Independent Variables, namely human resource competencies, human resource development programmes, corporate work culture and leadership style positively and significantly contributed to 55.9 per cent of the criterion Dependent Variable, that is the success of the acquisitions of the Malaysian domestic banks. The findings also discovered two most significant factors, namely human resource competencies and human resource development programmes. The implication of the overall findings suggested that human resource elements play significant roles in ensuring the success of the banks’ directed acquisitions. 2016 Thesis https://etd.uum.edu.my/6335/ https://etd.uum.edu.my/6335/1/s91543_01.pdf text eng public https://etd.uum.edu.my/6335/2/s91543_02.pdf text eng public other doctoral Universiti Utara Malaysia Alarakhia, S. (2010). 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