The influence of good corporate governance on organisational performance in context of Tesco: UK perspective

This research project explores the influence of good corporate governance on organisational performance, with a focus on Tesco in the UK. It aims to understand the concept of corporate strategy and governance, examine the impact of corporate governance on organisational performance, and determine strategies to deal with corporate governance-related issues. The research is significant as it offers insights into the rules and policies followed by Tesco and enhances knowledge about corporate governance and strategies.

Corporate strategy and
governance

RESEARCH PROPOSAL TEMPLATE
Research Area: Corporate strategy and governance
Title of the proposed research: The influence of good corporate governance on organisational
performance in context of Tesco: UK perspective.
Background of the Study/Reason for study:
The assortment of this research topic is reasonable because facilities effective understanding in
surveyor and other people about the importance of corporate strategy and governance in developing
the competitive strength and overall development of a retail organisation which direct to better
business operations (Cardoni, Kiseleva and Lombardi, 2020). The research is conducted to identify
the significance of corporate governance in term of improving rivals capability. With the assistance
of it, the gap and lack of impact of corporate governance over organisational performance.
Moreover, the information and experience through this research is also crucial and beneficial for
academic purpose of investigator and lead to development of abilities and information.
Overall research aims: “The influence of good corporate governance on organisation’s
performance. A Case study on Tesco.”
Specific research objectives:
 To understands the conception of corporate strategy and governance.
 To examine the impact of corporate governance over organisation’s performance.
 To determine the strategies that is used to deal with good corporate governance related
issues.
Significance of the Research
This research project is about corporate strategy and governance so this research is important as it
offer information about the rules and policies which are followed by Tesco to operate its business in
adequate form (Sako and Zylberberg, 2019).This research project assist in enhancing knowledge of
researcher. Along with the significance of this research is that researcher can gain information about
the corporate governance and strategies. This investigation report will crucial as it will assist in
offering information that in which manner corporate governance influence the performance of a
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company like Tesco.
SUMMARY OF RESEARCH DESIGN AND METHODOLOGY: e.g. what primary research
will be conducted? Sampling procedures etc. (This section focuses on the research methods to be
used and sources of data and availability. Be as specific as possible, but don’t reflect on any
theoretical issues here, nor include any secondary data collections.)
Research approaches and methods are associated with several philosophy and methodologies
implemented for organizing a research together with collection and presentation of information
(Lagasio and Cucari, 2019). A explanation about research methods and approaches utilized for
accomplishment of this research is defined as under:
Research philosophy- There are two key type of research philosophy such as Positivism and
Ineterpritivism which can be utilized for a research. For existing research, the researcher use
Positivism research philosophy is made as it lead to more practical form of investigation are offer
effective determination of quantitative information.
Research method- Basically, there are two kind of research method like quantitative and
qualitative methods is made to gather information in numerical and statistical form which facilitates
easy presentation of information whereas utilization of qualitative research is made to gather in
depth data in theoretical or subjective manner. For existing research project to have effective
communication and presentation of research outcomes use of quantitative research method is made.
Quantitative research method is crucial because it is used to populate numerical from a high volume
sample size to earn statistically valid outcomes in customer insight. It also ensures a suitable sample
size which is used to gain accurate and trustworthy results.
Research approach- The major types of research approaches are deductive and inductive out of
which deductive approach is utilized with quantitative research method while utilization of inductive
research is made with qualitative research method. Thus, use of deductive research approach is made
in existing research project to support and have appropriate generalization of quantitative research
method. In this research, the surveyor will consider quantitative research method for the effective
completion of this investigation report.
Source of data- Utilization of both primary and secondary source of information gathering is
made to manage the authenticity of investigation. Primary source of data direct to collection of data
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instantly from responders which develop viability of information whereas secondary source of
information gathering offers support to primary outcomes with the assistance of previous facts.
Instrument used- Utilization and implementation of survey method is made for existing
research within information is gathered with the assistance of a written tool like questionnaire.
Sample method- It is generally an activity of assorting and choosing pre described number of
units from a large group of people and population in reference to make a research work for easier
and cost effective (Xie and et. al., 2019). A sample size of 30 people is chosen from the
administrators and directors of Tesco with the utilization of probability sampling method in
reference to eliminate biasness and favoritism from research work. In selected sample size, there will
be 20 employees of the firm and 10 managers of company.
Relevant Literature/secondary source
Concept of corporate strategy and governance
Corporate governance indicates to the processes through which business interact with other
businesses, customers and other stakeholders. A corporate governance strategy instantly associates
the firm’s mission. According Eisenstein L. (2020), The plan of action and strategies for
corporations are governed by federal, state and local authorities and other regulatory bodies.
Corporate strategy outlines the effectiveness if interactions and relationships for how the corporate
governing board and administration control the interested stakeholders and employees with the
company.
Impact of corporate governance over organisation’s performance
Corporate governance is required to create a corporate culture of consciousness, transparency and
openness. It creates positive impact and enables a venture to enhance the long term value of the
enterprise that is seen in terms of execution of the venture (What is the impact of corporate
governance in businesses?. 2020). It enhances establishment business and also assist n making
effective and good relation between the stakeholders, employees, board and executive management.
Strategies that is used to deal with good corporate strategies related issues
In term of dealing and removing corporate related issues, the venture can consider several corporate
level plan of action like stability, expansion, retrenchment and many more strategies. These plans of
action pertain to find out the businesses the organisation shall be involved in (Types of Corporate
Level Strategies. 2020). They analyse the direction that company takes in reference to accomplish its
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goals and objectives. Best practices of corporate governance diminish threats for stakeholders get
attention of investment capital and develops he execution of firm. Good corporate governance
maximise the revenue and profit margins of organisation and long term value of enterprise.
Anticipated research problems:
Target audience/users of this research: The target audiences and user of this research will be
group of readers, researcher, students, philosophers and others.
Research time plan (GANNT CHART)
It is generally a short of bar chart which presents all actions of research in more logical and
systematic form in order to minimise options of confusion and misunderstanding during research
work (Solomon, 2020). Utilisation and implementation of following Gantt Chart is made for this
specific research in reference to have clarity and transparency in several actions of research so that
research work can be accomplished in more appropriate form.
Personal Learning Objectives:
To enhance the knowledge and information about corporate strategy and governance so that I can
aware about the internal rules and policies which are considered by a business venture for its
effective running.
Student Name: Signed: Date:
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REFERENCES
Books & Journals
Cardoni, A., Kiseleva, E. and Lombardi, R., (2020). A sustainable governance model to prevent
corporate corruption: Integrating anticorruption practices, corporate strategy and business
processes. Business Strategy and the Environment, 29(3), pp.1173-1185.
Sako, M. and Zylberberg, E., (2019). Supplier strategy in global value chains: shaping
governance and profiting from upgrading. Socio-Economic Review, 17(3), pp.687-707.
Lagasio, V. and Cucari, N., (2019). Corporate governance and environmental social governance
disclosure: A meta‐analytical review. Corporate Social Responsibility and Environmental
Management, 26(4), pp.701-711.
Xie, J. and et. al., (2019). Do environmental, social, and governance activities improve corporate
financial performance?. Business Strategy and the Environment, 28(2), pp.286-300.
Solomon, J., (2020). Corporate governance and accountability. John Wiley & Sons.
Online
Eisenstein L., 2020. [Online]. Governance Strategy. Available Through: <
https://www.boardeffect.com/blog/governance-strategy-examples/>.
What is the impact of corporate governance in businesses?. 2020. [Online]. Available Through:
< https://www.londontfe.com/blog/What-is-the-impact-of-corporate-governance-in-businesses->.
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Types of Corporate Level Strategies. 2020. [Online]. Available Through: <
https://www.yourarticlelibrary.com/strategic-management/types-of-corporate-level-strategies/
99697>.
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