BM628: Corporate Governance and Board Composition at ASDA

This report, prepared for the BM628 course, investigates the corporate governance practices of ASDA, a major British supermarket chain. It begins with an introduction outlining the background of corporate governance and the specific aim to analyze the impact of board composition on company performance. The objectives include understanding corporate governance concepts, analyzing the relationship between board composition and corporate governance, identifying challenges in managing corporate governance due to board composition, and suggesting strategies for improvement. The report reviews literature on corporate governance and board composition, emphasizing the importance of ethical and effective management. The methodology section describes the qualitative research approach, inductive approach, and interpretivism philosophy used for data collection and analysis. The research employs a mix of primary and secondary data, including questionnaires and published materials. A random sampling method will be used to select 40 respondents from ASDA. Thematic analysis will be used for data analysis. A Gantt chart outlines the project timeline. The report concludes with a list of references.

BM628 ASSESSMENT

Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................3
Background.................................................................................................................................3
Aim and objectives......................................................................................................................3
LITERATURE REVIEW................................................................................................................4
RESEARCH METHODOLOGY.....................................................................................................4
GANTT CHART.............................................................................................................................5
REFERENCES................................................................................................................................7

INTRODUCTION
Background
Corporate governance refers to as the combination of different types of rules and
regulations which the company has to follow in order to manage the working of the company in
ethical and effective manner (Bhagat and Bolton, 2019). For the business it is very essential for
the company to comply with all the ethical and moral principles which are applicable in the
business. The present study is based over the company ASDA which is a British supermarket
chain and is headquartered in the Leeds in England. The company is founded in the year 1949 by
JW Hindell and Noel Stockdale. In the current report the issues relating to the corporate
governance and the ways of dealing with these issues.
Aim and objectives
Aim
“To investigate the impact of issue in getting the right composition of board of director and its
impact over the performance of the company. a study on ASDA.”
Objectives
 To develop an understanding relating to concept of corporate governance and
composition of right board of director.
 To analyse the relation between the composition of board and the corporate governance
of company.
 To analyse the difficulty which the company face in managing corporate governance
because of composition of board of director
 To suggest ASDA some of the strategies in order to manage the composition of the board
of directors in order to manage the corporate governance within the company.
Research questions
1. What is the concept of corporate governance and the composition of the board of
director?
2. What is the relation among the composition of board and the corporate governance used
by the company?
3. What is the major difficulty faced by the company in order to manage corporate
governance with help of composition of board?

4. What are the major recommendations to the company in order to manage corporate
governance in better and effective manner?
LITERATURE REVIEW
As per the views of Aguilera, Judge and Terjesen (2018) corporate governance is the
most importance thing in the business and which the business has to follow in order to have
ethical and effective manner. This is necessary as the company will not be doing ethical and
morally correct working then this will have a great impact over the working capacity of the
company. On the other side the composition of the board of directors means the panel or the
group of board of directors. For the effective working the most important thing for the company
is to have talented and good board of directors as if the board of directors will not be good then
this will impact the working to a great extent.
Adnan, Hay and van Staden (2018) argues that this is majorly because of the reason that
if the board of directors will not be good and effective then the company will not be in position
of taking good decisions. Further there is proportionate relation between both corporate
governance and the composition of board. The major reason for this is that when the board will
not involve good people then it is sure the corporate governance will not be managed in effective
manner. Hence, with this it is also evident that the company suffers many challenges in
managing the composition of board in effective manner. The major challenge is that the board of
directors are many and it is not possible for the company to keep all the directors happy and
satisfied.
RESEARCH METHODOLOGY
 Research type- for the completion of the research over identifying the issues in getting
right board of directors within the company the researcher will make use of the
qualitative studies. The major reason for the usage of qualitative study is that this will
assist the researcher in developing more in- depth knowledge relating to the issues in
managing right composition of board of directors (Mohajan, 2018).
 Research approach- in order to complete the research in successful manner the research
will make use of the inductive approach of research. The reason underlying this fact is
that when the researcher will use this approach then in this they will frame aim and
objective and then will conduct study on basis of that.

 Research philosophy- the research will complete the research by using the interpretivism
philosophy out the two that is positivism and interpretivism. The major reason behind the
selection of the interpretivism as the philosophy is that this will assist the company in
doing qualitative study more effectively as it is not based on factual information.
 Data collection- for the purpose of collecting the data the researcher will make use of the
mix of both primary and secondary data (Ørngreen and Levinsen, 2017). Under the
primary data the researcher will make use of the questionnaire and collected data. For the
use of secondary sources, the researcher will analyse different types of articles, books,
journal and other published data relating to the research topic.
 Sampling- for the purpose of sampling the researcher will make use of random sampling
method and will select 40 respondents from ASDA. The random sampling method will be
selected as in this, every participant has equal chance of getting selected.
 Data analysis- this is the most important thing for the research to be successful as if the
collected data will not be analysed in proper manner then there will be no meaning of the
data (Zangirolami-Raimundo, Echeimberg and Leone, 2018). Thus, for this in order to
fulfil the aim and objective of research, the researcher will be using the thematic analysis
and this will assist the researcher in interpreting the collected data with help of the charts
and graphs and tables.
GANTT CHART
Task
Mode Task Name Duration Start Finish Predecessors
Auto
Scheduled Selection of the research topic 2 days Fri 12/11/20 Mon
12/14/20
Auto
Scheduled Framing of aim and objective 4 days Tue
12/15/20 Fri 12/18/20 1
Auto
Scheduled
Reviewing the different
literatures 8 days Mon
12/21/20
Wed
12/30/20 1,2
Auto
Scheduled
Deciding the methods of
research 5 days Thu
12/31/20 Wed 1/6/21 3,2
Auto
Scheduled Doing formatting of project 2 days Thu 1/7/21 Fri 1/8/21 4
Auto
Scheduled Submission of the project 1 day Mon 1/11/21 Mon 1/11/21 5
Auto
Scheduled Waiting for feedback 8 days Tue 1/12/21 Thu 1/21/21 6

Auto
Scheduled
Doing modification as per the
feedback 3 days Fri 1/22/21 Tue 1/26/21 7
Auto
Scheduled
Submission of project after
doing changes 1 day Wed 1/27/21 Wed 1/27/21 8

REFERENCES
Books and Journals
Adnan, S.M., Hay, D. and van Staden, C.J., 2018. The influence of culture and corporate
governance on corporate social responsibility disclosure: A cross country analysis.
Journal of Cleaner Production, 198, pp.820-832.
Aguilera, R.V., Judge, W.Q. and Terjesen, S.A., 2018. Corporate governance deviance.
Academy of Management Review, 43(1), pp.87-109.
Bhagat, S. and Bolton, B., 2019. Corporate governance and firm performance: The sequel.
Journal of Corporate Finance, 58, pp.142-168.
Mohajan, H.K., 2018. Qualitative research methodology in social sciences and related subjects.
Journal of Economic Development, Environment and People, 7(1), pp.23-48.
Ørngreen, R. and Levinsen, K., 2017. Workshops as a Research Methodology. Electronic Journal
of E-learning, 15(1), pp.70-81.
Zangirolami-Raimundo, J., Echeimberg, J.D.O. and Leone, C., 2018. Research methodology
topics: Cross-sectional studies. Journal of Human Growth and Development, 28(3),
pp.356-360.