Author(s): Ishola Rufus AKINTOYE, R O C SOMOYE
This paper takes an explorative search into merger activity and its impact in the sustenance of shareholder value via sound corporate governance structures. An attempt is made to draw lessons from the US experience in merger activity to the Nigerian banking industry which has recently recorded nin eteen (19) successful mergers arising from the regulatory demand for consolidation. The data used are essentially secondary and the study suggests some steps to ensure improvements in corporate governance through the pursuit of shareholder value. These, fo r managers, constitute instruments for their job security.