Corporate governance and strategies | Assignment

Corporate governance and
strategies

Table of Contents
INTRODUCTION...........................................................................................................................1
Background of the study.............................................................................................................1
Problem statement.......................................................................................................................1
AIMS AND OBJECTIVES.............................................................................................................1
Rationale.....................................................................................................................................2
Literature reviews........................................................................................................................2
TIMELINE.......................................................................................................................................3
RESEARCH METHODOLOGY....................................................................................................6
REFERENCES................................................................................................................................8

Research Title: To determine the issues as to comply with the practices of corporate governance
INTRODUCTION
Corporate governance can be defined as rules and practices with the help of which a firm
can be directed and controlled effectively. The corporate governance shows the list of policies of
the company. It includes policies relating to sovereign states, employees performance, workplace
environment, etc. Corporate strategies provides information about the plans of the company. It
shows aims, missions and vision of the company. Both corporate governance and corporate
strategies are important for the working of the company and growth of it as well.
Background of the study
Corporate governance is that major part of the system and a set of rules and regulations of
an organisation, that need to be comply by the company while performing its business activities
(Tricker, 2015). In the present research the researcher will explain the issues related with the
compliance of corporate governance practices. For this purpose, the researcher will decide to
research upon the corporate governance policies of Sainsbury and its related issues within the
organisation for developing better understanding of the corporate governance practise issues.
Problem statement
There are several issues in the corporate governance practices such as, arisen of conflict
among the interest of the shareholders and the company, lack of ethics within the organisation.
Further, lack of transparency, accountability issues are also some major issues of the corporate
governance practices.
AIMS AND OBJECTIVES
Aim
To determine all the major issues of the compliance process of corporate governance with
the context of Sainsbury.
Objectives
The main objective of this research are as under:
 To develop a better understanding for corporate governance.
 To identify several issues in corporate governance practices.
 To suggest effective changes for better corporate governance.
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Rationale
The reason behind this choosing this topic is to provide in-depth knowledge about the
meaning of the term corporate governance (Lebedeva, 2016). Research will provide a brief
information about various issues that can be arisen while complying corporate governance
practices within the organisation. The researcher will also give some suggestions for making
changes in the business for effectively complying with the corporate governance practices and
eliminating all the issues that can be arisen.
Literature reviews
Theme 1: Developing a better understanding for corporate governance:
As per the view of Yermack (2017), the corporate governance is a set of rule, policies and
practices of the company that are comply by the business while performing its normal course of
activities. It also helps the business organisation in maintaining balance in the interest of
shareholders, management of the company, customers demands and employees' job satisfaction
as well.
Theme 2: Identifying several issues in corporate governance practices:
As per the research of Crowther and Seifi (2018),, while complying with several practices
of the corporate governance within the business organisation, the company may identify
numerous issues within the organisation. Lack of balance between interest of the stakeholders
and the company, lack of involvement of accountability within the organisation due to
ineffective reporting system of the company are some major issues of the corporate governance
practices.
Further, lack of ethical values, involvement of cunning and excess of secrecy in the
business practices that may lead in result in lack of transparency in the business that can attract
the huge loss to a business.
Theme 3: Suggesting effective changes for better corporate governance.
From the researching the topic, the Honoré, Munari and de La Potterie (2015)has
suggested that a business organisation needs to build up strategies to maintain the ethical values
in the organisation. The firm also needs to develop policies for maintaining the hierarchy of
reporting within the organisation, it would help in developing the transparency and elimination
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of accountability issues in the business operations (Five Steps to Improve Corporate
Governance, 2018)
Further, the company also should build up strong team of board of directors and
managers that have ability to manage all the issues of the company.
TIMELINE
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Activities and time scales (15 weeks)
Gantt chart
Activities 1
wee
k
2 3 4 5 6 7 8 9 10 11 12 13 14 15
developin
g
research
title
Critical
evaluatio
n of
research
proposal
Drafting
the
literature
review
Evolution
of
research
objective
s
Articulati
ng
collection
data both
primary
and

secondar
y
5

Preparati
on of the
questionn
aire for
primary
research
Inserting
of data
Applying
data
analysis
Use of
applied
mathemat
ical tools
Measure
ment of
interpreta
tion
Discussio
n
Drafting
of
conclusio
n
Formatio
n on
entire file
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Taking
feedback
Alteratio
n of data
as per
feedback
received
Submittin
g final
project
RESEARCH METHODOLOGY
Research type: Research types are those that provides help to the researcher in solving various
problems of the issues of research project. Mainly these are of 2 types i.e. qualitative and
qualitative research.
In this research, the researcher has used qualitative type of research (Mohamed, 2016).
While using this type of research, the researcher has used in depth study of various statistical
data, and researched the selected topic by gathering several non numerical data.
Research approach:
Research theories provides several theories and abstraction with the help of which the
researches can achieve their aims and objectives of the research report. There are mainly 3 types
of research approach i.e. deductive approach, inductive approach and abductive approach.
In the present report, the researcher has used inductive approach. In this approach, the
researcher frames various research questions, aims and objectives to achieve the objectives of the
research.
Research philosophy:
Research philosophy provides beliefs to the researcher on the basis of which all the
informations and statistical data are being gathered by them (Iraya, Mwangi and Muchoki, 2015).
There are 2 types of research methodology viz. Positivism and interpretivism
in this report, interpretivism philosophy has been used. In this philosophy, the data for
the research are collected through subjective interpretation.
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Data collection:
Data collection is the sources through which several data are collected by the researcher.
Mainly they are of two types prmary data collection and secondary data collection.
In this research, both methods of data collection has been used. Therefore the researcher
has collected data through asking questions to numerous individuals and gathered information
from various secondary sources as well.
Sampling:
Sampling refers to method by which the researcher takes the sample of individuals or
corporations or any other thing as per the requirement of project (Watt and Schwartz, 2018).
There are 2 types of samples namely probability samples and non probability sample.
The researcher has made the samples using non probability sampling method. In this
method, the sample has been collected randomly by the researcher.
Data analysis
It is the method of applying various statistical and logical information collected in a
systematic format. There are many data analysis methods for example, narrative analysis, case
study, observational method, thematic data analysis method, etc.
In this research project, the researcher has used thematic data analysis. In this method,
the researcher has made various themes on the basis of which the the research has been done.
Ethical consideration
Ethical consideration can be termed as a critical part of the research project. In this
research the researcher has not harmed any religious belief. All the data collected are true and
fare. Researcher has not included any false data in the research project.
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