The Impact of Post Merger Satisfaction of Former Construction and Business Bank Employees on Organizational Commitment and Turnover Intention: The Case of Commercial Bank of Ethiopia
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Date
2007-05
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Addis Ababa University
Abstract
This study examines the impact that employee’s post-merger satisfaction has on employee organizational commitment and turnover intentions. The survey conducted on the employees of former construction and business bank (CBB) employees after 10 months since the merger took place with Commercial Bank of Ethiopia (CBE). This study was conducted based on the data gathered from former Construction and Business Bank (CBB) employees. To conduct the survey questionnaire was used that have been distributed to 215 former Construction and Business Bank (CBB) employees. The analysis of the data was done with the help of the SPSS and AMOS. Partial Least Squares (PLS) approach to structural equation modeling (SEM) (e.g., Wold, 1982) provided evidence for the relationship between satisfaction with a merger and the affective and normative components of organizational commitment. The research results foundemployee satisfaction with a merger had a significant positive impact on affective and normative commitments, and that normative commitment has significant negative impacts on turnover intentions. The study recommended providing its new former employees of Construction and Business Bank (CBB) the opportunity to undertake important and challenging work, to learn new skills, to develop as a person, and to meet and interact with people could lead to the development of commitment. Keywords: post-merger satisfaction, organizational commitment, turnover intention, Commercial Bank of Ethiopia (CBE), Construction and Business Bank (CBB) , Partial Least Square (PLS), Structural Equation Modeling (SEM)
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Business Bank employees on organizational commitment