Firms' Collaborative Behaviour and Enterprise Resilience among Banks in Nigeria

Abstract

The paper adopted objectivism as its research philosophical paradigm to evaluate the impact of firms' collaborative behaviour on enterprise resilience of banks in Nigeria. The research data were collected from a cross-sectional survey involving 17 banks that adopted collaborative behaviour (merger or acquisition). The formulated research hypotheses were tested using Pearson's Product Moment Correlation Coefficient statistics. From the test results, it was found that collaborative behaviour, particularly acquisition, galvanizes the resilient capacity of banks, while mergers, although trends in that direction, but has inherent inhibitions. Based on this, the study concludes that integrative behaviour found in mergers and acquisition is a substantial resilient reinforcer of banks in terms of their resilient capacity against environmental threats. The paper recommends that banks faced with threats of irresilient should adopt integrative behavior mostly acquisition and to a lesser extent mergers to survive the perturbations in their highly dynamic and wild environment.