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Basics Of Mergers, Acquisitions And Corporate Restructuring: The Nigerian Experience., Ozy B. Orluwene Jp, Hycenth A. Ajie Mar 2007

Basics Of Mergers, Acquisitions And Corporate Restructuring: The Nigerian Experience., Ozy B. Orluwene Jp, Hycenth A. Ajie

Dr Ozy B.Orluwene,JP

ABSTRACT: This paper is primarily concerned with examining the role of mergers and acquisitions (M&As) in corporate restructuring as an instrument of enhancing efficiency, size and developmental roles. The last few years have witnessed an astronomical increase in world of corporate restructuring through M&As. The trend has been influenced by factors such as prospects of cost saving due to economies of scale as well as more efficient allocation of resources; enhanced efficiency in resources allocation and risk reduction arising from improved management at points of allocation and utilization of resources. M&As especially in the banking industry are now a global …


Government Budget: A Major Tool For Efficient Economic Management, Ozy B. Orluwene Jp Jan 2007

Government Budget: A Major Tool For Efficient Economic Management, Ozy B. Orluwene Jp

Dr Ozy B.Orluwene,JP

ABSTRACT The ultimate aim of this paper is to offer and examine the role of government budget in economic management. Budget is the life blood of every government and what government ought to do is dependent on budget and through budget government economic action becomes clearer. Theoretically budget is ordinary statement of account of total revenue and expenditure but an instrument of economic policy and management. The aggregate account of household, business, government and foreign sector constitute the national economic budget.


Privatizing Public Enterprises In The European Union 1960-2002: Ideological, Pragmatic, Inevitable?, Judith Clifton, Daniel Díaz-Fuentes, Francisco Comín Jan 2006

Privatizing Public Enterprises In The European Union 1960-2002: Ideological, Pragmatic, Inevitable?, Judith Clifton, Daniel Díaz-Fuentes, Francisco Comín

Judith Clifton

Privatization, recognized as one of the most important economic policy reforms from the 1970s, has attracted significant attention from scholars, and the literature on the topic is now vast. Yet there is little agreement on the reasons why governments privatized. Three dominant paradigms explaining European Union (EU) privatization put forward distinct motivations. The ‘British paradigm’ assumed that market-friendly ideology played a significant role in a path towards a global programme inspired by the UK experience. The ‘multiple logics’ approach observed that the UK was an anomaly, not a leader, and that EU privatization was so diverse that there were few, …


The Deregulation Policy Of The Down Streamsector Of The Nigerian Petroleum Industry: A Critical Reveiw, Ozy B. Orluwene Jp Jan 2005

The Deregulation Policy Of The Down Streamsector Of The Nigerian Petroleum Industry: A Critical Reveiw, Ozy B. Orluwene Jp

Dr Ozy B.Orluwene,JP

Abstract The article attempts to take a critical look at the current deregulation policy of the present administration. It examines the main components of the reform policy programme. The article notes that the current policy just like the previous ones will fail because they are based on erroneous assumption of the failure of the previous policies without identifying and addressing the fundamental problems why the previous one failed. The paper contends that the prevailing neo capitalist political economy for better or for worse continues to influence what happens in the public sector. It therefore concludes that the policy or programme …