Date of Conferral

2023

Degree

Doctor of Business Administration (D.B.A.)

School

Management

Advisor

Edgar Jordan

Abstract

There has been consideration of increased investment in the banking industry in Ghana through mergers and acquisitions. Data shows that the financial performance of the merged banks does not support the investment in the industry, at least within the first 3 years after the merger or acquisition. Grounded in Burn’s transformational leadership theory, the purpose of this qualitative single case study was to explore the leadership skills used to implement the successful merger of two commercial banks in Ghana. Data were collected from eight senior officers using semistructured interviews, a review of relevant publications, and a reflective journal. The data were analyzed using Yin’s 5-step data analysis technique, and four themes emerged: idealized influence, inspirational motivation, intellectual stimulation, and individualized consideration. A key recommendation is for leaders to articulate a clear vision, encourage teamwork, and engage the team in decision-making. The implications for positive social change include the potential to improve profitability and growth to retain skilled employees and reduce unemployment in the Ghanaian economy.

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