Impact of Employment Law and Corporate Governance on Business Operations

FdSc in Business Management
BAM4011 INTRODUCTION TO BUSINESS LAW
Impact of employment law on
business and evaluation of the
responsibility of corporate
governance on business
operations.
Semester 2
Submitted by:
Name:
ID:
1

Table of Contents
INTRODUCTION........................................................................................................................ 3
MAIN BODY.............................................................................................................................. 3
CONCLUSION............................................................................................................................ 8
References................................................................................................................................9
2

Impact of employment law on business and evaluation of
the responsibility of corporate governance on business
operations
INTRODUCTION
Business organisation of any place is the where the parties enter in an agreement with
the pretext to have and share profit. The employment law protects the rights of such parties
and this report talks about the impact which such laws have on the business organisation. The
employment law is a strong and powerful legislation. The proper implementation of such
legislation in any given organisation makes the organisation trust worthy by its employee,
creates positive brand value (Edwards, 2021). The employment law has many crucial areas, it
has a wide scope and many key areas like employee relation, rights maternity and paternal
links are there. The corporate also plays an important role in the conducting of an business
organization. The corporate governance is the system toolkit which aims at the success of the
business. The UK governance code is also a important tool of English Law, which helps big
and small companies to have an efficient management system (Neugebauer, 2021). UK has
many companies that has good governance system. This report extensively talks about the
role of corporate governance in different business organisation.
MAIN BODY
The employment law is very crucial in protecting the obligations of both the
employers and the employee. This law pertains towards addressing a harmonious relationship
between the employer and employee. These guidelines help in ensuring and safeguarding the
organisation. It is very important to govern the rights and duties of the employees with legal
consideration. The employment is activated the minute a employee enters in agreement with
the employer. In English law, employment law is a crucial complex tool which mitigates the
working of an employee or employer. This legislation provides clarity and fairness in the
establishment. The employment relationship has many phases like hiring, dismissal,
redundancy, treatment of workers, etc. Whatever phase it is there should be rules and
regulations for protection of aspects. In this modern era, with the ever evolving society the
laws of employment has also extended towards protecting against discrimination. The
employment law is mostly derived from legislation but in UK it is perceived by the European
3