Business Proposal: Corporate Governance and Strategy Issues Report

This business proposal investigates the impact of corporate governance and stakeholder relationships on the financial performance of businesses, specifically using Marks and Spencer as a case study. The report begins with an overview of corporate governance, problem statements regarding its impact on financial performance, and defined aims and objectives. A comprehensive literature review explores existing research on corporate governance, accountability, and stakeholder relationships, drawing on various sources. The research methodology outlines both primary and secondary data collection methods, including questionnaires, interviews, and the use of academic journals and articles, with thematic data analysis. The action plan details the timeline for the research, from topic selection to final submission. The proposal aims to identify the role of corporate governance policies, determine the relationship between stakeholder relationships and financial performance, and recommend strategies for improving corporate governance practices within Marks and Spencer. The report concludes with a detailed reference list of sources used.

Business Proposal

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
Overview.....................................................................................................................................3
Problem Statement......................................................................................................................3
Aim..............................................................................................................................................3
Objective.....................................................................................................................................3
LITERATURE REVIEW................................................................................................................3
Research Questions.....................................................................................................................4
RESEARCH METHODOLOGY.....................................................................................................5
ACTION PLAN...............................................................................................................................7
REFERENCES................................................................................................................................9

TITLE- Corporate governance and strategies issues
INTRODUCTION
Overview
An issue related to the corporate governance is a term that describe the mutual balance
between the participants in the organization. There are different participants interested towards
the business operations and functions such as shareholders, community staff member and
executive staff etc. (Werani, 2018). A Corporate governance practices directly impact on the
business profit and reputation of the organization and having the poor policies that can expose
the firms to loss of capital investment, reputation damage etc.
Problem Statement
The issues of corporate governance will impact on the financial performance of
organization and also measure the accountability of different entities in terms of policies,
activities and operations. The researcher will find out the strong relationship between the
corporate governance practices and impact on the financial performance of organization.
This research will help in determining factors that is impacting on following of CG
practices of companies also it will help in taking effective measures to minimize impact and
increase profits through CG practices.
Aim
“To investigate the impact of stakeholder relationship on financial performance of
business- A study on Marks and Spencer”
Objective
 To identify role of corporate governance policies and practices
 To determine relationship between stakeholder relationship and financial performance of
business
 To recommend how corporate governance policies can be implemented within Marks and
Spencer
LITERATURE REVIEW
According to Bainbridge, (2016) corporate governance is the most significantly visited
themes in the organizations. It is also managed and control the overall accountability of
organization in proper manner. An effective corporate governance has been required the
directors that could be maintain the procedure and practices of companies in proper manner. It

encompasses that the executive members reporting to the broad members and aware about the
daily operation that performed in the organization. On the other hand, Accountability is an
essential for corporate governance to divided into the top level and lower level executive in the
firm that help for maintain the entire system of checks and balances in effective manner. As per
the view of Bainbridge, (2016) all the members of executive board will be having ethical duty in
way of making decision which will be based on best interest of stockholders. However,
corporation will be having ethical duty in protecting social welfare of others including all
stakeholders and greater community as well.
According to de França, Pereira and Vieira, (2018) the organization is also planning a
strategy for acting different role on internally and also select the suitable strategy for growth or
development. It is a process and task that involves facts and figure at their workplace for
executing stratagem or support to the employee related their job. Sometimes, the organization is
planning for strategy related the formulation but its fail for implementing the changes in
operations. Stakeholders are the most important part of any organisation as they are having
power to impact decision making process within company and ultimately impacting financial
performance as well. The relationship of stakeholders are unique in their ability to help firms to
get their performance better.
According to Bell, Bryman and Harley, (2018) an organization must be accurately
collecting data in the form of report to identify their profits or losses. It makes sure to figure out
that those who invest money in the organization. Sometimes, the lack of transparency expose the
fines from the regulatory agencies in the organization.
Research Questions
 What is the role of corporate governance policies and practices?
 How is the relationship between stakeholder relationship and financial performance of
business?
 How strategies can be implemented to improve CG practices in Marks and Spencer?

RESEARCH METHODOLOGY
Research methodology will concept that used by researcher for collecting, analyzing and
managing the data in appropriate manner. It will be helpful for selecting the suitable information
that applicable in research areas.
Primary data- The researcher will use the primary data collection method to collect the
data through Questionnaire, conducting interviews etc. This will help in gathering fresh data and
information and analysing them through this it will be easy for researcher to attain aims and
objectives.
Secondary data- collection will another method that help for collecting the information
or data through articles, journals etc. This will give insight to researcher about the topic
moreover, by interpreting case studies relevant information will be collected. For present study,
researcher will use both methods to gather data.
Sampling- Sampling will be explained as specific principle that used for selecting the
particular members in the population. Researcher will use the 20 employees of M&S to target
population and researcher will have no choice of particular study within the population that reach
to their conclusion. The researcher will use simple random technique that gives chance of
members participating in the research study.
Analyses method- Data analysis method will help for transforming, cleansing and
modelling the data with discovering the specific goals and achievements. The researcher will use
the thematic data analysis of qualitative method for identifying the multiple approaches, facts
and figures etc.
Design- Research design will general plan about the answer in the research questions. It
included research method and strategies for analysing and collecting the data in proper manner.
It will be divided into two ways such as Exploratory and conclusive.
For further research, Exploratory research will use for determine the nature and problem
of research. It will explore the research topic with different level of depths. It will help for
researcher determining the design, methodology and data collections. Exploratory method will
generally study about the qualitative information and interpretation related to the subject.
Access and Ethics- Ethical consideration will be specified about the important part of
research.
 The researcher participants will not be subjected to harm the ethical in any ways.

 It will respect to the dignity of participants in the research subject or topic.
 The researcher should always maintain the privacy and protection of participants and
members.
 It ensures that the level of confidentiality maintain in the research data and information.

ACTION PLAN
Task Name Duration Start Finish
Selection of topic 2 days Fri 1/18/19 Mon 1/21/19
Framing aim and objective 3 days Tue 1/22/19 Thu 1/24/19
Conducting literature review 2 days Fri 1/25/19 Mon 1/28/19
Research method selection 4 days Tue 1/29/19 Fri 2/1/19
Data collection 5 days Mon 2/4/19 Fri 2/8/19
Data analyzing 7 days Mon 2/11/19 Tue 2/19/19
Drawing discussion and
recommendation 4 days Wed 2/20/19 Mon 2/25/19
Edit as per client feedback 3 days Tue 2/26/19 Thu 2/28/19
Final submission 2 days Fri 3/1/19 Mon 3/4/19

REFERENCES
Books and journals:
Bainbridge, S.M., 2016. Revitalizing SEC Rule 14a-8's Ordinary Business Exclusion: Preventing
Shareholder Micromanagement by Proposal. Fordham L. Rev. 85. p.705.
Bell, E., Bryman, A. and Harley, B., 2018. Business research methods. Oxford university press.
de França, J.A., Pereira, C.C. and Vieira, E.T., 2018. Valuation modelling of impairment of
nonmonetary assetsin business management: ananalytical proposal for IAS
36. International Journal of Development Research. 8(10). pp.23794-23800.
de Oliveira and et.al., 2018. PROPOLIS PROJECT: DEVELOPMENT OF A SOCIAL
BUSINESS MODEL PROPOSAL. Revista Eletrônica de Estratégia & Negócios. 10(3).
pp.27-46.
Klepac, G. and Berg, K.L., 2019. Proposal of analytical model for business problems solving in
big data environment. In Web Services: Concepts, Methodologies, Tools, and
Applications (pp. 618-638). IGI Global.
Nuijten, M.J. and Vis, J., 2018. Economic comments on proposal for a novel cancer drug pricing
model. Nature Reviews Clinical Oncology. 15(9). p.587.
Quinlan, C. and et.al., 2019. Business research methods. South Western Cengage.

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