Impact of Ethics Violations on Corporate Governance Strategy of UK Retail Sector Organizations

REPORT

Contents
Contents...........................................................................................................................................2
INTRODUCTION...........................................................................................................................3
RESEARCH METHODOLOGY....................................................................................................4
CONCLUSION................................................................................................................................8
SUMMATIVE ASSESSMENT.......................................................................................................8
INTRODUCTION...........................................................................................................................8
Background..................................................................................................................................8
Research aim and objectives........................................................................................................9
LITERATURE REVIEW..............................................................................................................10
DISCUSSION OF SECONDARY AND PRIMARY RESEARCH.............................................13
Discussion..................................................................................................................................21
CRITICAL REVIEW OF RESULTS............................................................................................23
RECOMMEDNAITON AND ACTION PLAN............................................................................25
Recommendations......................................................................................................................25
Action plan.................................................................................................................................26
REFERENCES..............................................................................................................................30
Questionnaire.............................................................................................................................32

INTRODUCTION
Ethic Violation is one of the biggest issue which has been faced by the Tesco at the time
of drafting corporate governance strategy of the company. Ethic Violation is defined as an issue
which used to arise at the time management of the company is not able to compile all the
different activity of the company with the business ethics. For the same reason this report will
look to achieve the objective of the report i.e. “To evaluate the impact of Ethics violations on
corporate governance strategy of UK retail sector organizations. Study based on Tesco”
Literature Review
Concept of Ethics Violation and corporate Governance
In the published paper Magiste (2020), highlights that Ethics violation is one of the biggest issue
which is faced by all the organization at the time of maintaining the corporate governance
strategy of company. Author explain that any activity which has taken place in the organization
is not compiled with the ethical consideration of the company is regarded as Ethic violation.
Ethic violation may lead to variety of different type of consequences for different stakeholder in
the market.
Joy and McMunigal (2019) highlights that Corporate Governance refers to the way a
corporation is governed. It is the technique in which variety of different sort of rules and
regulation are made with the sole motive of directing and managing different operation of the
business. Author explain that Corporate governance in strategic management is regarded as a set
of internal rules and policy that determine the way company will be directed.
Role of ethics maintenance at the time of drafting Corporate governance
In the article published by the author Bhatt and Bhatt (2017), has explained that business
ethics generally leads to better level of corporate governance and supports its practices. Author
highlights that considering different sort of ethical prospect help the company in generating more
sustainable trust and help the management in passing on the different rules in more impactful
manner. Bhagat and Bolton (2019) at the same time highlights that considering ethical prospect
at the time of drafting corporate governance help management in safeguarding the business value
to different stakeholder. Also, author highlights that considering ethical prospect at the time of
drafting Corporate governance help company in presenting good image of the company in front
of other.

To determine challenges faced by of UK retail sector organizations due to ethics violations on
corporate governance strategy.
In the article published by the author Parasuraman, Raveendran and Ahmed, (2015) has
explained that, the key ethical violation associated with the corporate governance mainly
includes conflicts of interest and ethics violation on the corporate governance can largely
influence the working and reputation of the company. /it can also lead to legal investigation
which hampers the business efficiency. At the same time Hwang and Youn, (2016) highlights
that, ethics violations on corporate governance strategy loses the goodwill of the company and
loses the employees as well as the customers. This adversely hampers the performance of the
retain sector company in UK. It also affects the credibility of the company and decline in the
performance and productivity at a greater extent.
RESEARCH METHODOLOGY
Research methods: The research of the study will opt for qualitative method of research
to gain in- depth information associated with the impact of ethics violations on corporate
governance strategy of UK retail sector organizations. Qualitative method is also significant in
providing context to understand the specific findings.
Sampling: In random sampling method every individual has equal opportunity to get
selected within the sample size. The investigator of the research will choose for random
sampling method where 10 managers of the Tesco UK retail sector organizations will be
selected.
Data Collection: This method is significant in collecting the valid and reliable data for
the study. The research of the study will opt for both the primary and secondary source of
collecting data (Research Methods & Design, 2020). Primary data will be gathered through
questionnaire and the secondary data through journals, books, articles, newspapers, magazines,
etc.
Data analysis: This method is useful to analyse, transform and interpret the data sets
using tables, graphs and charts. The investigator of the research will choose for thematic analysis
where each variables of the themes will be interpreted to attain valid set of results associated
with the impact of ethics violations on corporate governance strategy of UK retail sector
organizations.

Time Line and Framework
Task
Mode Task Name Duration Start Finish Predecessors
Auto
Scheduled Selecting topic 2 days Thu 10/8/20 Fri 10/9/20
Auto
Scheduled
Developing Aim and
objectives 3 days Mon
10/12/20
Wed
10/14/20 1
Auto
Scheduled Outlining 8 days Thu
10/15/20
Mon
10/26/20 1,2
Auto
Scheduled Preparing proposal 4 days Tue 10/27/20 Fri 10/30/20 3
Auto
Scheduled Submitting the proposal 2 days Mon 11/2/20 Tue 11/3/20 4,1
Auto
Scheduled
Detail research
methodology 4 days Wed 11/4/20 Mon 11/9/20 5,2,3
Auto
Scheduled Collecting data 2 days Tue 11/10/20 Wed
11/11/20 6,2
Auto
Scheduled Designing questionnaire 3 days Thu
11/12/20
Mon
11/16/20 7
Auto
Scheduled Sending questionnaire 4 days Tue 11/17/20 Fri 11/20/20 8

Auto
Scheduled Data Analysis 3 days Mon
11/23/20
Wed
11/25/20 8,9
Auto
Scheduled Conclusion 2 days Thu
11/26/20 Fri 11/27/20 10
Auto
Scheduled Formatting 2 days Mon
11/30/20 Tue 12/1/20 11
Auto
Scheduled
Submitting Research
Project 1 day Wed 12/2/20 Wed 12/2/20 12
Auto
Scheduled Waiting for feedback 4 days Thu 12/3/20 Tue 12/8/20 13
Auto
Scheduled Modification 2 days Wed 12/9/20 Thu 12/10/20 14
Auto
Scheduled
Submitting project after
modification 1 day Fri 12/11/20 Fri 12/11/20 15

CONCLUSION
From the conducted study it has been summarized that, ethics violation is the biggest issue
which is faced by the company at the time of maintaining the corporate governance strategy. It is
linked with any activity which has taken place in the organization and is not compiled with the
ethical consideration. Corporate Governance is a way a corporation is governed. Ethics
violations on corporate governance strategy loses the goodwill and reputation of the company.
SUMMATIVE ASSESSMENT
INTRODUCTION
Background
Ethical Violation is considered to be as one of the biggest issue which is usually faced by
the company while drafting corporate governance strategy of organization. Ethical Violation is
defined as an issue which used to arise at the time management of the company is not able to
compile all the different activity of the company with the business ethics. This dissertation will
focus on evaluating the impact of Ethics violations on corporate governance strategy of UK retail
sector organizations.
Tesco company is top leading retail company which has been founded in the year 1919
by Jack Cohen. The company is headquartered in Hertfordshire, England. It mainly deals in