The Effect of Merger and Acquisition (M&A) on Financial Performance: a Mixed-Methods Analysis of Ethiopian Shipping and Logistics Service Enterprise.
| dc.contributor.advisor | Degefe Durresa (PhD) | |
| dc.contributor.author | Selamawit Nigussie Hailu | |
| dc.date.accessioned | 2025-08-06T12:02:30Z | |
| dc.date.available | 2025-08-06T12:02:30Z | |
| dc.date.issued | 2025-06-30 | |
| dc.description.abstract | This study investigates the financial impact of the 2016 merger of Ethiopian Shipping Lines Share Company, Maritime and Transit Services Enterprise, Dry Port Enterprise, and Comet Transport Share Company, forming the Ethiopian Shipping and Logistics Services Enterprise (ESLSE). Employing a mixed-methods approach, we analyzed pre-merger (2010–2011) and post-merger (2022–2023) financial data. Specifically, the study utilized ratio analysis to evaluate changes in profitability, liquidity, efficiency, and leverage ratios. Descriptive analysis was also applied to the pre-merger (2010–2011) and post-merger (2022–2023) financial data to highlight trends and key differences in financial performance over these periods. The study concludes that while the merger enhanced cost efficiency and reduced financial risk, it negatively impacted liquidity and shareholder profitability. We recommend urgent liquidity management, a thorough investigation into the ROE decline, optimized leverage strategies, and holistic performance monitoring. This research offers empirical insights into merger outcomes within Ethiopia's logistics sector, informing future consolidation strategies in emerging economies. | |
| dc.identifier.uri | https://etd.aau.edu.et/handle/123456789/6097 | |
| dc.language.iso | en | |
| dc.publisher | A.A.U | |
| dc.title | The Effect of Merger and Acquisition (M&A) on Financial Performance: a Mixed-Methods Analysis of Ethiopian Shipping and Logistics Service Enterprise. | |
| dc.type | Thesis |