Importance of Transparency and Accountability in Sainsbury's: A Corporate Governance Study

The importance of transparency and accountability
in a organisation
The case of Sainsbury`s

Contents
Formative Assessment.....................................................................................................................1
INTRODUCTION...........................................................................................................................3
Problem statement.......................................................................................................................3
Research aim:...............................................................................................................................3
Research Objectives:...................................................................................................................3
Research Questions:.....................................................................................................................4
LITERATURE REVIEW................................................................................................................4
Concept and importance of corporate governance within an organisation..................................4
Impact of issue of transparency and accountability on the performance of Sainsbury’s............4
Strategy that would be used by Sainsbury’s for dealing with the issue of transparency and
accountability at workplace.........................................................................................................4
Research Methodology....................................................................................................................5
Gantt Chart.......................................................................................................................................5
REFERENCES................................................................................................................................8

INTRODUCTION
Corporate governance is defined as the combination of processes, rules and laws by which
an organisation are regulated, operated and controlled as well. In addition to this, it is the
external and internal factors which impact on the interest of organisation’s stakeholders that is
shareholders, suppliers, customers and so on. For the present study, Sainsbury’s is taken into
consideration. It is the second largest supermarket chain which was founded in year 1869 and
headquartered in London, UK. The main objective of the report is to identify the impact of issue
associated to corporate governance that is lack of transparency and accountability within an
organisation.
Problem statement
Corporate governance is associated with how corporations are managed, controlled and
directed and held accountable to shareholders. In addition to this, it consist odd many issue and
one of the major issue is lack of transparency and accountability which directly impact on the
performance of an organisation. Transparency and accountability is one of the significant
principle of good governance and give clarity regarding how decisions are taken to manage
activities and maintain financial performance is an important goal for a company. if the
transparency and accountability is not maintained at workplace then the activities are not
implemented properly and an organisation is not able to maintain its financial performance.
Research aim:
The aim is to identify the issue of corporate governance such as lack of transparency and
accountability along with its impact on business performance of an organisation using
Sainsbury’s as a case study.
Research Objectives:
 To analyse the concept and importance of corporate governance within an organisation.
 To evaluate the impact of issue of transparency and accountability on the performance of
Sainsbury’s.
 To analyse the strategy that would be used by Sainsbury’s for dealing with the issue of
transparency and accountability at workplace.
Research Questions:
 What is the concept and importance of corporate governance within an organisation?