Corporate Governance's Role in Emilia's Pasta Financial Performance

This report investigates the role of corporate governance in enhancing the financial performance and stability of Emilia's Crafted Pasta, an Italian restaurant in Central London. It explores the concept of corporate governance, its impact on the restaurant's financial health, and the challenges faced in managing governance strategies. The study aims to increase the basic understanding regarding the concept of corporate governance and strategy, examine the impact of corporate governance on financial performance and stability of Emilia’s Crafted Pasta and determine the challenges faced by Emilia’s Crafted Pasta during managing corporate governance and strategy within the workplace. The research employs primary data collection methods, including surveys, and uses stakeholder theory as a key framework. Limitations include the novelty of the topic and resource constraints. The report provides a timeline for the research and includes a list of references.

Corporate Strategy and
Governance

Table of Contents
INTRODUCTION ..........................................................................................................................3
BACKGROUND TO INDUSTRY & ORGANISATION .............................................................3
ISSUE / OPPORTUNITY TO BE ADDRESSED .........................................................................4
Aim..............................................................................................................................................4
Objectives....................................................................................................................................4
Research Question.......................................................................................................................4
Limitations/Scope.......................................................................................................................4
LITERATURE REVIEW................................................................................................................5
Introduction.................................................................................................................................5
Key definitions............................................................................................................................5
Key Theories...............................................................................................................................5
Gap(s) in literature / focus area...................................................................................................5
RESEARCH METHODS................................................................................................................6
Primary........................................................................................................................................6
Ethics and Access .......................................................................................................................6
TIMELINE ......................................................................................................................................7
REFERENCES ...............................................................................................................................9

INTRODUCTION
Corporate governance is defined as such set of rules, process and laws those are governed
by the business and operated within the organisation so that to manage the business and to
develop the business. These are regraded as internal policies of the organisation which is having
inclination towards internal and external factors. The corporate governance is made in order to
provide benefits to the stakeholders of the organisation (Pargendler, 2016). With the help of
managing prominent practices of corporate governance within the organisation this will be easier
in creating trust and transparency in accountability. Corporate governance is related with
managing operational activities of the business so that direction and control can be given to the
business. Poor corporate governance practices are related with minimising stated goals and may
cause financial losses as well. This is stated that with the help of significant corporate
governance practices financial performance of the organisation can be boosted which is helpful
in managing long term image of the organisation. The most important principle of corporate
governance is to involve stakeholders so that major sources of the organisation can be fulfilled
and retained for longer duration of time. These are the practices which allow stakeholders to
manage their holdings and manage transparency so that they can stay valued and trusted for the
company.
BACKGROUND TO INDUSTRY & ORGANISATION
The current report is based on an Italian restaurant named Emilia’s Crafted Pasta which is
situated in Central London. The company is associated with providing Italian food to their
customers which is one of the USP of the organisation. The company is trying to manage their
corporate governance practices so that to acquire higher financial performance and stability.
With the help of corporate governance practices the company may establish their image within
market in such a manner that they can get high investments from their investors. The industry of
food is associated with providing products related with food consumption so that to meet needs
and demands of their customers. Food industry is linked with a complex network of farmers and
diverse businesses those are together related with food supply chain.

ISSUE / OPPORTUNITY TO BE ADDRESSED
Aim
To examine the role of corporate governance in improving financial performance and
stability of an organisation: A study on Emilia’s Crafted Pasta.
Objectives
 To increase the basic understanding regarding the concept of corporate governance and
strategy.
 To examine the impact of corporate governance on financial performance and stability of
Emilia’s Crafted Pasta.
 To determine the challenges faced by Emilia’s Crafted Pasta during managing corporate
governance and strategy within the workplace.
Research Question
 To increase the basic understanding regarding the concept of corporate governance and
strategy.
 To examine the impact of corporate governance on financial performance and stability of
Emilia’s Crafted Pasta.
 To determine the challenges faced by Emilia’s Crafted Pasta during managing corporate
governance and strategy within the workplace.
Limitations/Scope
The research is having various limitation as this topic was never introduced by earlier
literature. This has created limitation with the research which has minimised the researcher to
reach out research objectives.
Cost: Cost is the major limitation within this research as minimum budget was provided and
under this only all the activities were required to be completed.
Time: Time is the another limitation which is regarded as the issue in which under the given time
research is required to be completed.

LITERATURE REVIEW
Introduction
Literature review is defined as using of such works which has given by previous authors
and can be used by other research in order to reach out to the objectives. Under literature review
articles, books and publications are taken so that information regarding research topic can be
accumulated.
Key definitions
Corporate governance is regarded as the set of code of conduct which is used by the
business in their normal course of action so that to manage the business and to systematically
execute business processes (Jain and Jamali, 2016). Corporate governance are such practices
those are helpful for the business to manage their functions in appropriate manner.
Key Theories
Stakeholder's theory is regarded as one of the major theory or corporate governance
which are related with managing accountability within stakeholders (Ahmad and Omar, 2016).
This is related with managerial level of the organisation which would lead into developing
interest and value for the organisation.
Gap(s) in literature / focus area
The major gap within the current research is related with not finding accurate information. As the
current study is based on examining impact of corporate governance on financial performance of

the organisation so in previous study major information was related with corporate governance
only.
RESEARCH METHODS
Primary
a. Data Collection justification: Data collection is defined as the method which is used
within the research in order to gather data related with research and to attain aim and
objectives within research. Data collection is the process which is used in order to collect,
measure and analyse accurate information related with research so that standard
validation can be made.
b. Survey Design: In the current research descriptive survey design will be used so that to
develop the research in quantitative manner.
c. Survey Administration: With the help of Ms-excel the information gathered within
survey will be administered so that to attain overall objectives.
d. Population definition / Sampling Strategy: In this research probabilistic sampling will
be used so that to involve respondents in the research.
e. Reliability and validity: With the help of questionnaire reliable data is being gathered
and that will be helpful in gathering accurate information.
f. Data Analysis: With the help of frequency distribution table data will be analsyed.
Ethics and Access
Under the research consent is taken from the respondents so that to execute the research in
ethical manner. At the same time only researcher will have access to the gathered information.

TIMELINE

REFERENCES
books and journals
Ahmad, S. and Omar, R., 2016. Basic corporate governance models: a systematic
review. International Journal of Law and Management.
Jain, T. and Jamali, D., 2016. Looking inside the black box: The effect of corporate governance
on corporate social responsibility. Corporate governance: an international
review, 24(3), pp.253-273.
Pargendler, M., 2016. The corporate governance obsession. J. Corp. L., 42, p.359.