logo

Critical Perspectives on Accounting

   

Added on  2019-12-03

19 Pages6853 Words279 Views
FinancePolitical Science
 | 
 | 
 | 
Corporate Governance and EthicalAspect of HSBC
Critical Perspectives on Accounting_1

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3Purpose of the study.....................................................................................................................3Importance of case.......................................................................................................................3Structure of case study.................................................................................................................4Background of the case ...............................................................................................................4Key events of Case.......................................................................................................................6CASE STUDY ANALYSIS............................................................................................................7DISCUSSION ON QUESTIONS....................................................................................................7CONCLUSION .............................................................................................................................14Summary of case study..............................................................................................................14Summary of key findings and its implication on corporate governance...................................14REFERENCES..............................................................................................................................172
Critical Perspectives on Accounting_2

INTRODUCTIONThe corporate governance is the key aspect of any organization by which need ofdifferent stakeholders is satisfied and they are motivated to take quick investment decision in anorganization. It is the old age concept by which an organization set boundaries of transparentrelationships between an institutions management, board and shareholders as well as otherstakeholders. It supports corporation to build the competitive edge in the marketplace and thusgive rich experience to investors. However, in recent era failure of corporation is the reasonbehind high level of dissatisfaction among number of customers (Agrawal and Chadha, 2005).Owing to this, corporate governance is gaining popularity now a days. The banking sector ofnation is the most important aspect for the economic sector of any country. Also, the operationand work of banks is slightly different from others sector and thus corporate governance is alsocrucial task for the same. In case of failure of corporate governance of bank, overall stakeholdersof corporation get affected. Purpose of the studyThe main motivate behind the study is to analyze the corporate governance and ethicalaspect of HSBC. Here, emphasis is laid on ethical issues and corporate governance of thecorporation which as potential impact on the performance. Further, current study will be helpfulto address issues of the banking sector of UK. It leads to develop different alternative solutionsfor the organization under study (Kolk, 2008). Similarly, current study conduct detail analysis onethical issues of HSBC thereby other corporations operation in banking industry of UK canresolve the same in order to create competitive edge of the firm. Furthermore, present studydisclose several facts through which unethical practices take place. Apart from this, the mainpurpose of the study is to understand the corporate governance and ethical aspect of bankingsector of UK. Importance of caseThe current study is based on corporate governance and ethical aspect of banking sectorof UK. The study is based of case study of HSBC which reflect unethical practices ofcorporation. All these factors help management to resolve the same by making use of properstandards and code of practices (Erkens, Hung and Matos, 2012). Furthermore, the present caseis very important for overall banking sector of UK. The reason behind the same is occurrence of3
Critical Perspectives on Accounting_3

such kind of practices in any corporation. Thus, current study lays emphasis on potential impactof failure of corporate governance on competitive edge an customer base of the corporation. Itfacilitates to recommendations different alternative solutions. In addition to this, study will behelpful for those who are doing study in the same field. Also, it proves to be effective forbanking sector to remove the barriers and create competitive edge of company (HSBC taxavoidance scandal: Timeline of Britain's biggest banking leak, 2015). Apart from this, presentdissertation is also helpful for different other sectors like hospitality and service sector.Structure of case studyThe case study is related to HSBC which is having issue related to misrepresentation ofTax. This structure is mainly divided into two part such as case study and case study analysis.Here first chapter of case start with introduction about the topic under investigation. Further,purpose of the study has also been described with its importance for several parties. It facilitatesto assess the purpose of study and its implication on overall banking industry of UK(Kirkpatrick, 2009). Furthermore, background of the study is also prepared by addressing the keyissues faced by HSBC. In addition to this, overviews about the corporate governance and ethicalaspect of banking sector has been explained in context of UK. It also includes detail discussionof the selected organization. On the other hand, brief introduction about the case has alreadybeen given. The second part of study deals with discussion questions. It aids to provide detailanalysis of the collected data in the light of aim of the report. Further, summary of case study hasbeen given along with implications for corporate governance (Gospel and Pendleton, 2005). Itdepicts that second part of the study majority focuses on deriving valid conclusion from thecollected data. Background of the case Bank and financial institutions play vital role in giving upward direction to economy of anation. This is because good or healthy economic condition arise just because of appropriateoperation of banking sector of country. Furthermore, concept of corporate governance took placefor effective operation of banks and effective management of its all operation in the direction ofgrowth and success (Grais and Pellegrini, 2006). Without compliance of corporate governancebanks cannot maintain transparency in their operation. This is because lack of accountability andtransparency increases level of dissatisfaction among stakeholders. Furthermore, for the service4
Critical Perspectives on Accounting_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Corporate Governance and HSBC Bank
|15
|4779
|68

Ethics, Governance and Sustainability: Pramuka Bank Scandal in Sri Lanka
|12
|3179
|152

MANAGEMENT. Management Name of the Student Name of the
|15
|3390
|50

Corporate Governance Failure: Case Studies and Reasons
|9
|1217
|487

Corporate Governance: A Case Study on National Bank of Australia
|14
|3360
|326

Corporate Law: Issues and Impacts of Poor Corporate Governance on Commonwealth Bank of Australia
|10
|3193
|444