LSBM300 Business Research Proposal: Recession's Impact on Banking

This business research proposal investigates the potential impacts of economic recession on the private banking sector, specifically focusing on the Spanish economy. The research addresses the factors influencing product performance and aims to enhance the financial condition of Spain. The proposal outlines objectives, including increasing resource distribution and identifying the pros and cons of financial sections. It includes a comprehensive literature review, exploring existing research on the Spanish economy and the effects of recession. The methodology section details inductive and deductive research approaches, primary and secondary research methods, and both qualitative and quantitative data collection techniques, including interviews and surveys. The proposal also covers sampling methodology, data analysis using both qualitative and quantitative techniques, presentation of findings, and ethical considerations to ensure the integrity of the research. The findings are expected to provide valuable insights into the challenges and opportunities facing private banks during an economic downturn, as well as contributing to strategies for improved performance and financial stability.

Running head: BUSINESS RESEARCH PROPOSAL
Business Research Proposal

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Table of Contents
Title:............................................................................................................................................................3
Terms of reference.......................................................................................................................................3
Research question....................................................................................................................................3
Aim..........................................................................................................................................................3
Objectives................................................................................................................................................3
Timescale................................................................................................................................................3
Preliminary literature review.......................................................................................................................4
Inductive or deductive research...............................................................................................................6
Primary and/or secondary research..........................................................................................................7
Quantitative and/or qualitative research..................................................................................................7
Data collection methods..........................................................................................................................7
Sampling methodology............................................................................................................................8
Data analysis...........................................................................................................................................8
Presentation of your findings...................................................................................................................9
Ethical considerations..............................................................................................................................9
Resources..................................................................................................................................................10
References.................................................................................................................................................11
Appendices: Ethical review.......................................................................................................................13
Appendix 1: Participant information sheet............................................................................................13
Appendix 2: Participant consent form...................................................................................................13

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Title:
The title of this research is ‘analyzing the potential impacts of the economic recession from
private banking perspective’.
Terms of reference
Research question
How the Spanish economy will be responding to recession?
What are the pros and cons of the financial sections that are actually helping in the development
of harsh conditions in the Spanish economy?
Aim
The main aim of this investigation is to address the factor that can gain the product performance
and addresses the data that would enhance the condition in Spain as well as, determines the ways
to enhance the performance of bank.
Objectives
 To increase the resource distribution within the Bank Intercompany and how the Spanish
economy will be responding to the recession
 To identify thepros and cons of the financial sections that is actually helping in the
development of harsh conditions in the Spanish economy.
Timescale
Research Activities Predetermined timeperiod
1 2 3 4 5 6 7 8 9 10
Selection of the research concern
Developing aims and objectives

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Collection of data through the primary
technique
Selection of sample and size of the sample
Data interpretation
Report writing
Final report submission
Preliminary literature review
According to Antelo Magdalena and Reboredo (2017), in the modern business nation,
development related to the banking system as well as, another financial institution, it is
significant to execute the effective technologies related to banking. The Spanish economy is
initiated to expand at a higher pace. From the mid-1990s, the development was enduring the
steady expansion as well as, it is persistent almost for longer-term. Integration-related to Spanish
goods was considered into Spanish economy. The expansion of products was as per the ethnic,
religious and national diversity. The Spanish regulatory body has emphasized on construction
related to the hospitality industry, transportation, services intensive agriculture along with,
tourism. But, the economy did not emphasize on creating the banking sectors.
In contrast to this, Berger et al. (2016) stated that the Spanish economy has viewed as the
maximum growth of economy. Due to higher recession, a higher amount of business within
Spanish economy is distorted as well as, business development was facing the concern in the
type of bank collapse as well as deregulation. Responding towards the condition of Spain, it is
significant for several economists regarding growth of business as well as, they have focused on
mainly different factors of declining economy of Spanish.

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As per opinion of Bentolila Jansen and Jiménez (2017), the development related to Trichet’s
notion in shorter period is related to unfavorable externalities. The claim is highly accountable to
develop employment together with, higher price increases in economy. All nations that are
existed in European Union have initiated to experience pressure for a contracting company that is
increasing in the context of business development. The development of approaches aids in
eliminating the international economic crisis that Spanish economy was dealing moderately
similar to approaches that were primarily intended between the years of 2008-2009. The Spain
economy was emphasizing on creation of aligning investment together with, GDP development.
On the other side, Andreeva and Sviridov (2017) evaluated that unemployment and inflation rate
was rising with higher margin in Spanish economy. By development related to inflation and
unemployment rates, the house price was gaining as well as, development related to government
strategies will focus towards increasing significant investment services. The private banks are
dealing with issues during recession because they have to rely completely on central banks for
any type of repo rates as well as, discount rates.
As per the view of Antón and de Bustillo (2015), fiscal approaches that are considered by high
corporations to indulge the functional competency related to a banking institution. By the
development related to fiscal policies, large numbers of government contracts for manufacturing
the goods, and also tend to decline the tax burden. However, a higher amount of modern
economist has claimed that gaining manufacturing of goods would automatically support
economy in enhancing situation related to economy. Because of the inheritance within culture as

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well as the heritage of Spain, the government is making efforts for declining the gaps in
investments.
In opposed to this, Antón and de Bustillo (2015) evaluated that because of dryness of capital in
developed economies has considered the initiative of highly through the government. Several
strategies have observed that development of company in private banking sectors creating the
issues in the logic that drying of cash would be effective in terms of the development of an
effective strategy in type of effective marketing related to goods.
Ferreiro et al. (2016) illustrated that the economic recession is event, which could be existed for
shorter periods. The results are related to deduction in income, reduction in economic practices
as well as, high unemployment that have an enduring impact. The interest rates related to
economic recession can normally drop.
In contrast to this, Ferreiro et al. (2016) defines that in a shorter period, the declining rate can
support net interest margin related to the bank as well as loans have fixed rates as compared with
deposits accounts, which can promptly re-prices. Because of higher unemployment developed by
the recession, issues of lenders involve thrashing in the mortgage as well as misbehavior gains
due to the declining primary source of income as well as declining consumer spending together
with loan associated with that.
Methodology
Inductive or deductive research

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The inductive technique of data gathering would emphasize more on the procedure of building of
new theories. But, at the same time, deductive would be selected to execute the new ideas
associated with development in the financial market of Spain. Along with this, by the execution
of deduction techniques of data gathering, it would be significant for a corporation such as
Bankinter to gain overall efficiency about elimination related to financial investment (Lugilde,
Bande, and Riveiro, 2018).
Primary and/or secondary research
Primary research would be conducted by using the both interview and survey through a
questionnaire. It would increase the effectiveness of research because of gathering the
information through employees together with the manager. Thus, the researcher would be
competent to address the pros as well as cons of economic recessions. This technique of data
gathering would help in the business development. In Spain, because of collapse related to the
largest group, Lehman brother has developed the fear in people’s mind (Rajmil, et. al., 2015).
Along with this, managers will be chosen in the sense that they have depth knowledge about the
gaps in strategies that is established in economy. By execution of effective methodology, this
investigation would be inducing significant technologies, which would help to decline the
concern of inflation, which is established within the economy. In addition to this, the economic
recession would create a higher amount of inflation that would mechanically make efforts on the
company (Vargas, Ramos-Escamilla, and García, 2016).
Quantitative and/or qualitative research
For performing the success of the project, both qualitative and quantitative technique of data
gathering has been performed. It would be performed due to the fact that through quantitative
technique of data gathering, it is a prospect to outline views of workforces performing in bank

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intercompany about building of financial condition. Through their opinions, it would be required
for research to focus on policies that their corporations are doing struggle for the consequences
related to economic recession (Zunzunegui, et. al., 2017).
Data collection methods
The quantitative technique of data gathering would be selected in sense that it would focus on
views of managers about impacts of recession on Spanish financial zones. For quantitative
survey, 3 managers of company would be selected. Since, it would be significant in terms of
discussing about the banking business development in Spain. This interview would be also
beneficial for identifying the company reaction towards the economic recession (Singh, et. al.,
2016).
Along with this, the secondary data collection method will be also selected as it would be
significant for an investigation to address several types of financial information that are primarily
associated with recession for any financial companies. With that information, it would be
significant to investigate effective and efficient policies. The use of the deductive as well as,
inductive technique of data gathering would permit the indulgence of investigation to gain
development of an approach that would illustrate the banking aspects of the Spanish economy. In
this data collection method, a semi-structured interview would be selected for gaining the depth
understanding regarding research issues (Torrubiano-Domínguez, et. al., 2015).
Sampling methodology
For this investigation, probability sampling technique would be used. This technique would be
chosen by implementing a simple random sampling tool. This technique would be chosen as it
facilitates the equal chance for choosing a sample in population. The sample of 3 managers
would be selected and managers would be selected to mainly remove the partiality from research

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(Maudos, and Vives, 2016). The sample size of workforces that are selected for this purpose
would be 30.
Data analysis
There are two techniques of data analysis such as qualitative and quantitative. In this way, the
qualitative data analysis method is used to apply the qualitative tool for obtaining the knowledge
as well as interpreting the people and situations. On the other side, the quantitative data
assessment technique is concerned with the use of statistical techniques for assessing the
information. For presenting the investigation on the Spanish economy, both quantitative and
qualitative technique of data analysis would be practiced. In this method, the thematic
assessment of data would be analyzed by the researcher (Marques, Lima, and Troster, 2017).
The reason for choosing this technique is that it would facilitate the flexibility of an investigator.
Flexibility offers benefit in thematic assessment in terms of answering different kinds of research
questions. In addition, as in the present investigation, the researcher would be entailed in
evaluating concepts associated with the impacts of the recession on Spanish financial zones.
Along with this, quantitative data analysis would be used by using the statistical technique. For
this, Ms-excel software would be used to graphically represent the data through different charts,
tables, and graphs. It helps to comprehend the pooled data in a meaningful way (Torrubiano-
Domínguez, et. al., 2015).
Presentation of your findings
The outcome of this investigation would be supportive for increasing the understanding
regarding potential impact of economic recession from a private banking perspective. The
findings would be related to factors that can increase the product performance that would be
willing to addressing data related to enhancing the financial condition of Spain. This report will

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also present the pros as well as cons of financial section that can actually support development of
the harsh situation of the Spanish economy.
Ethical considerations
In this research, ethical consideration can be related to the technique that can be practiced by a
researcher for declining the chances of ethical issues. In addition, secondary data would be
collected to offer the proper references as well as, in-text citation within each paragraph because
it would enhance the reliability related to investigation. It will support for declining the
plagiarism issue. This research will be written in own words of research with offering the enough
in-text citation in each paragraph. A researcher would keep the privacy as well as confidentially
of respondent’s data. It will lead to decline the ethical concerns from research (Maudos, and
Vives, 2016).
Resources
The present investigation would require several resources for its attainment. Travel costs will be
entailed as an investigator would have needed to travel for approaching the participants of
investigation. Other resources would require a laptop as well as, internet. These resources would
be practiced for writing the searching the secondary sources like researches online as well as,
journal together with, used for writing the services. Moreover, printing expenses will be entailed
during submission such as printing the final dissertation (Singh, Gómez-Puig, and Sosvilla-
Rivero, 2016).

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References
Andreeva, L.Y. and Sviridov, O.Y., 2017. Experience of Greece on Recapitalization of Banks,
Marketing Management and Personnel Retraining in Conditions of Economic
Recession. European Research Studies Journal, 20(1), pp.390-409.
Antelo, M., Magdalena, P. and Reboredo, J.C., 2017. Economic crisis and the unemployment
effect on household food expenditure: The case of Spain. Food policy, 69, pp.11-24.
Antón, J.I., and de Bustillo, R.M., 2015. Public-private sector wage differentials in Spain. An
updated picture in the midst of the Great Recession. Investigación económica, 74(292), pp.115-
157.
Bacigalupe, A., Shahidi, F.V., Muntaner, C., Martin, U. and Borrell, C., 2016. Why is there so
much controversy regarding the population health impact of the great recession? Reflections on
three case studies. International Journal of Health Services, 46(1), pp.5-35.
Bentolila, S., Jansen, M. and Jiménez, G., 2017. When credit dries up: Job losses in the great
recession. Journal of the European Economic Association, 16(3), pp.650-695.
Berger, A.N., Bouwman, C.H., Kick, T. and Schaeck, K., 2016. Bank liquidity creation
following regulatory interventions and capital support. Journal of Financial Intermediation, 26,
pp.115-141.
Ferreiro, J., Gálvez, C., Gómez, C. and González, A., 2016. Bank rescues and fiscal policy in the
European Union during the Great Recession. Panoeconomicus, 63(2), pp.211-230.
Fukuda-Parr, S., Heintz, J. and Seguino, S. eds., 2017. Critical and Feminist Perspectives on
Financial and Economic Crises. UK: Routledge.

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Lugilde, A., Bande, R. and Riveiro, D., 2018. Precautionary saving in Spain during the Great
Recession: evidence from a panel of uncertainty indicators. Review of Economics of the
Household, 16(4), pp.1151-1179.
Marques, A.M., Lima, G.T. and Troster, V., 2017. Unemployment persistence in OECD
countries after the Great Recession. Economic Modelling, 64, pp.105-116.
Maudos, J. and Vives, X., 2016. Banking in Spain. In The Palgrave Handbook of European
Banking (pp. 567-601). London: Palgrave Macmillan.
Rajmil, L., Siddiqi, A., Taylor-Robinson, D. and Spencer, N., 2015. Understanding the impact of
the economic crisis on child health: the case of Spain. International journal for equity in
health, 14(1), p.95.
Singh, M.K., Gómez-Puig, M. and Sosvilla-Rivero, S., 2016. Sovereign-bank linkages:
Quantifying directional intensity of risk transfers in EMU countries. Journal of International
Money and Finance, 63, pp.137-164.
Torrubiano-Domínguez, J., Vives-Cases, C., San-Sebastián, M., Sanz-Barbero, B., Goicolea, I.
and Álvarez-Dardet, C., 2015. No effect of unemployment on intimate partner-related femicide
during the financial crisis: a longitudinal ecological study in Spain. BMC public health, 15(1),
p.990.
Vargas, O.R., Ramos-Escamilla, M. and García, L., 2016. Human rights and external Debt: case
study in Spain. Economía Informa, 396, pp.3-33.
Zunzunegui, M.V., Belanger, E., Benmarhnia, T., Gobbo, M., Otero, A., Béland, F., Zunzunegui,
F. and Ribera-Casado, J.M., 2017. Financial fraud and health: the case of Spain. Gaceta
sanitaria, 31, pp.313-319.