Violation of Transparency and Accountability: Aldi Report

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This report examines the violation of transparency and accountability as a major corporate governance issue, particularly within the retail industry, using Aldi as a case study. It explores the negative impacts of these violations on stakeholders, shareholders, and decision-making processes. The report includes a literature review analyzing various perspectives on corporate governance and transparency, along with the research methodology used, including primary and secondary research methods, and the use of a Gant chart for project management. The analysis highlights the importance of ethical standards, accurate financial reporting, and effective management to maintain goodwill and profitability, and also the impact of technology on transparency. The report concludes with references to relevant academic sources.
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Issues: The violation of transparency and accountability has been recognised as one of the major
globally known corporate governance issues where there have been various companies within retail
industry who have been violating the management responsibility parameters. This is directly
connected with purpose to encourage investor management and for promotion of economic stability
where stakeholders and shareholders are unable to gain acknowledgment of various new ideas and
functional exploration (Al-Asmara, 2020). The report will Ansley violation of transparency and
accountability as one of the most uprising corporate governance issues which has prominently
known as highly commercial fall back within company’s business scenarios. The report will be also
conducting in depth analysis of how transparency and disclosure issues have strong impact as one
of the most negative corporate governance as decision making among shareholders, stakeholders
and monitoring have been recognised as various functional scenarios. Aldi within retail industry has
been widely lacking corporate governance ethics and transparency parameters within which
developing standards of market regulators, and new goals encompassment have been lacking
efficiency paradigms. With the building extent of technology and development, greater level of
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access to false financial reporting and wider working efficacy has been lacking transparency among
management which has been known as one of the most navigating violation. As retail industry of
UK is widely growing with high level of competitiveness and innovation corporate governance
violation has been also developing as one of the most concerning parameter which has impacted
working efficiency and to leverage shareholder’s goodwill. Aldi has been violating transparency
and accountability issues where company goodwill has also reportedly fallen in comparison with
other brands where it is facing losses within revenue and also wide range of fall back and issues
under working aspects
Literature review
As per the views of Alazani, (2020) there are various cases of corporate governance where
transparency factors have been violated by company management for arresting investors and
working shareholders who are an integral part within company performance growth parameters.
The author also explains that there has been various working ineffective structural paradigms
analysed where companies indulge in unethical business performances to gain confidence and
goodwill by working on various accounting methods and auditing frauds. There are also cases of
conflicts in disclosure where interests of directors and controlling shareholders are violated by
companies who are lacking various goals enhancement paradigms. As illustrated by Gorman, L. and
Ward, (2020) author analyses views that to achieve transparency company information’s and
functional representation should be done in proper accountable way where various working aspects
of effective new technology and innovative usage of functional exploration should be taken care of.
The author expresses analysis that for proper accounting standards working scenario, top
management must hold high level of working innovation and also potentially explore varied new
scale productive growth which will enable company to form goodwill and profitability standards.
There are cases where corporate governance fundamentals have been majorly violated where there
are cases of violating working transparency and lack of keeping up with transparency standards
within reporting. Another author DELIU, (2020) has also analysed in report where views can be
noted through detailed analysis where new working evocativeness such as higher changing
demands within working exploration builds company competencies to negatively fall back as
various times there are teams involved in fraud cases. There is explanation developed towards this
where research enables us to analyse that there are performance outcomes at fault where to gain
high competent functional commercial goodwill companies are reportedly indulging in commercial
frauds by hiding actual presentation of working standards. There is also analysis developed on this
where various brands in dynamically growing competitive retail industry there are cases of
misrepresentation of assets, liabilities among financial reports which expresses how management
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fails efficacy to work towards developing ethical standards and transparency functional exploration.
Working on illegal misrepresentation and corporate governance violation brands are not only
lowering goodwill standards but also there is wide long term profitability that is impacted (Hamden
Norah, and Suparman,2019).
Research methodology
There are various research methods which can be used to gain information and data for
developing analysis within working scenarios, where they can be segregated based on their working
scenarios and how they are able to gain reliability, authenticity within research standards.
Primary research methods: This can be understood as one of the most advanced, highly reliable
and strongly relevant research method which is directly contacted with first hand users with
company. The primary research methods are often conducted with questioners where employees
within company are directly asked various questions for gaining varied information and to
functionally also scope high reliability standards. The research within this project in report will be
done by using primary research methods to gain hands on direct information from shareholders and
stakeholders about company corporate governance standards, violation fundamentals and where
working innovation can be understood
Secondary research method: This research method can be understood as less reliable and
transparent research method where analysis is developed by analysing second hand users, which are
not directly connected within project and results are obtained from magazines, internet sources.
Published data are mostly used which however lack new effectively reliability standards and also
fundamentally working scenarios where there can be chances of pilgrims, and also wide lack of
resourcing various innovation a diversity standard. Secondary data also potentially lacks
productive standards of new effective working efficiency where no keen scenarios are explored
within research and also it becomes complicated to check exact accuracy parameters.
Gant chat: The gnat chart can be understood as one of the most innovative tool used for developing
analysis of all information about in how many days’ activities within research can be done and for
reaching the final date in correct stipulated period. This will also enable ion drawing analysis
towards how various days can be divided under project to bring on data within research and to
fundamentally bring on new scenarios under focus (Corvine, Done and Bianchi Martin., 2020).
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REFRENCES
Books and journals
Al-Asmara, F. A.A., 2020 The impact of applying corporate governance principles on enhancing
the credibility of financial reports.
Al-Kailey, J., BenYoussef, N. and Chahine, S., 2020. Economic bonding, corporate governance and
earnings management: Evidence from UK publicly traded family firms. International
Journal of Auditing.
Alanazi, B. M. A.,2020 Too little or too Much Freedom?–A Comparative Analysis of Corporate
Governance Codes in the UK and Australia.
Corvino, A., Doni, F. and Bianchi Martini, S., 2020. Corporate Governance, Integrated Reporting
and Environmental Disclosure: Evidence from the South African
Context. Sustainability, 12(12), p.4820.
DELIU, D., 2020. Key Corporate Governance Features within Romanian Banks Listed on
Bucharest Stock Exchange: A Thorough Scrutiny and Assessment. Journal of Eastern
Europe Research in Business and Economics, 271202(10).
Gorman, L. and Ward, A.M., 2020. The UK Corporate Governance Report (2010). In Encyclopedia
of Sustainable Management (p. 1). Springer Nature.
Hamdani, N. A., Nugraha, S. and Suparman, A.,2019 SUPPORTING FACTORS FOR THE
SUCCESSFUL IMPLEMENTATION OF CORPORATE GOVERNANCE IN
HANDICRAFT SMES.
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