Examining Financial Globalization's Impact on Economic Policies

This report, titled "To examine and determine the impact of Financial Globalization on the Economic Policies- A Study on Bank Of England", investigates the effects of financial globalization on economic policies, with the Bank of England as a primary case study. The research begins with an overview of financial globalization, defining it as the integration of a country's financial system with global markets, and its impact on cross-border capital flows. The study explores the background of financial globalization, its rationale, and the aims, objectives, and research questions driving the investigation. Chapter 2 provides a literature review, discussing the concept of financial globalization and its benefits and risks. Chapter 3 outlines the research methodology, including the type of investigation, research philosophy, data collection methods, research strategy, ethical considerations, and research limitations. The research aims to understand financial globalization, its relationship with economic policies, its impacts, and the risks and benefits involved, particularly in the context of the Bank of England's role in maintaining financial stability and regulating capital movements within the UK economy. The report emphasizes the importance of understanding financial globalization's effects on organizations and the formulation of economic policies.

UNIT 11 – RESEARCH
PROJECT
(ACCOUNTING &
FINANCE PATHWAY)

Table of Contents
TITLE..............................................................................................................................................1
CHAPTER 1: INTRODUCTION....................................................................................................1
1.1 Overview of Research............................................................................................................1
1.2 Background of Research........................................................................................................2
1.3 Research Rationale.................................................................................................................2
1.4 Research Aim.........................................................................................................................3
1.5 Research Objective................................................................................................................3
1.6 Research Question.................................................................................................................4
CHAPTER 2: LITERATURE REVIEW.........................................................................................4
To gain a concept understanding of financial Globalization ..........................................................4
To analysis this risk and benefits of financial Globalization ......................................................5
To determine the important of financial globalization on economical policies ..........................6
CHAPTER 3: RESEARCH METHODOLOGY.............................................................................8
3.1 Type of Investigation.............................................................................................................8
3.2 Research Philosophy..............................................................................................................9
3.3 Data Collection: ..................................................................................................................10
3.4 Research Strategy.................................................................................................................10
3.5 Ethical Consideration ..........................................................................................................10
3.6 Research Limitation.............................................................................................................11
APPENDICES...............................................................................................................................12
Research Proposal Form................................................................................................................12
Research Ethics Approval Form....................................................................................................15

TITLE
“To examine and determine the impact of Financial Globalization on the Economic
Policies- A Study on Bank Of England”
CHAPTER 1: INTRODUCTION
1.1 Overview of Research
With the rapid advent in the field of technology, there has been an introduction of
complex processes as well as transactions. One such introduction in the mid-1980s related to
the event of Globalisation. Since then, there has been a surge in capital flows among industrial
economies. Thus, increasing cross-border relations among industrial and developing countries.
Despite the downsizing of global banking due to the occurrence of Global Financial Crisis in
2007, financial globalisation has been on the rise in the recent years. The concept of Financial
Globalization can be understood as the integration of a country's local financial system with the
global institutions as well as financial markets. Thus, encouraging liberalisation of domestic
financial sector and capital account on governments' part which ultimately enable cross-capital
movement between local borrowers/lenders in internation markets along with high utilization
of international financial intermediaries. Financial Globalisation is far from being matured, it is
still a new concept and has only achieved stabilization, resilience and smart transfer systems of
capital flows post-Global Financial Crisis. Hence, it can be viewed as a tool that can help in the
integration of financial systems in emerging as well as developed market economies with the
other parts of the world.
In order to successfully complete this project, Bank of England has been chosen as one
of the key organizations for the relevant study. The bank has been a part of the history of
Financial Globalisation for centuries and thus, can help in understanding the impact of this
revolution in a much more effective manner. The main motive of Bank Of England is to ensure
financial stability within a domestic as well as international context. In addition to this, the
bank also regulates the flow of capital movements on a cross-border level so as to engage in
highly protected transmissions within the global financial markets. The complete research
contains a detail study of globalisation impact on financial services that help to globalise
business in better manner.
1

1.2 Background of Research
In business, the term globalisation relates to that process which enables interaction and
integration among a group of people, governments and companies on a worldwide scale. In this
context, the financial globalisation concept is more concerned with the integration of the capital
flow transmission occurring between economies' financial markets and institutions on an
international basis. With an increase in the level of complexity among business, no single entity
can rely completely on the local financial system in which it operates. Thus, it becomes of
paramount importance to understand the nuances of Financial Globalisation along with its
impact on the Economic Policies of such organisations. International Financial market are
increasing at fast pace at global level resulting in economic volatility, growth, imbalances and
grater depended on market fluctuations. An Economic Policy can be stated as a course of action
that is intended to act as a determining factor in how the economy behaves towards its internal
as well as external environment. These policies are, thus, crucial in promoting financial sector
development, institutional quality and trade openness which are ultimately the key drivers of
financial globalisation.
Being one of the biggest and oldest institutions of UK, the Bank of England is
responsible for taking important decisions that are central to the economy of UK. One of them
includes the formulation of various policies which ensure that any shock waves arising in the
global financial system does not impact the internal financial systems of UK in a grave manner.
The Bank is headquartered in London, it has been a model for most of the modern central
banks in the present day scenario. The two main functions carried out by this banking
organisation include ensuring monetary stability and providing asset purchase facilities.
Therefore, it is the utmost priority of Bank of England to make sure that a financial framework
is developed which not only promotes trade openness but enables the sustenance of monetary
and financial stability in the country.
1.3 Research Rationale
The relevant research is based with a rationale to measure the level of financial
integration of the financial market of UK with its global environment. This has been done by
keeping in mind the impact financial globalisation has on the economic policies. It is important
to note that after the occurrence of Global Financial Crisis in 2007, there were many loopholes
that were discovered in the systems implemented globally as well as domestically among
2

various economies. Therefore, bringing the concept of Financial Globalisation to the limelight
among economists and governments all around the world. Essentially the process of Financial
globalisation enforces integration of local financial systems with international financial markets
and other institutions. Thus, it becomes critical to analyse the benefits and risks attached to it
from an organizational perspective in the light of prevalent economic policies. For this purpose,
evaluation of economic policies is critical as they are the ones which rule the behaviour of a
certain entity in response to a given environment within and outside the country. Also, Bank of
England is the first choice here as it is one of main regulatory bodies that are responsible for
maintaining financial stabilization within the country. Thus, any economic policy prevalent in
the economy of UK can be directly linked to the decisions of Bank of England's management
as a response to their current as well as future environment.
1.4 Research Aim
The main part of any research is defining the aim in a clear and concise manner. The
particular aim of the relevant research project is “To examine and determine the impact of
Financial Globalization on the Economic Policies- A Study on Bank Of England”.
1.5 Research Objective
A research objective is one which summarizes what all goals or accomplishments a
researcher hopes to achieve through conduction of the relevant study. A clearly defined set of
research objectives would enable a researcher to focus on the undertaken on their part. It is
important to closely link the aim with the research objectives so as to effectively and efficiently
achieve the variables that are critical to a given research project. In the context of this research
project, some of the essential research objectives are enumerated as under:
 To gain a conceptual understanding of Financial Globalisation.
 To ascertain the relationship between Financial Globalisation and Economic Policies .
 To determine the impact of Financial Globalisation on the Economic Policies.
 To analyse the risk and benefits of Financial Globalisation.
 To evaluate the impact of Financial Globalisation on Economic Policies in the context
of Bank of England.
3

1.6 Research Question
The Research Question or the Thesis Statement helps in proper addressing of a given
research problem that is critical to a given research project. A research question must be
distinct, centred, brief, analysable and arguable which help to avert the “all-about” paper
approach on the part of the researcher and must work for the benefit of relevant thesis. The
research questions critical to the relevant research project are defined as under:
 What is Financial Globalisation?
 What is the relationship between Financial Globalisation and Economic Policies?
 How to determine the impact of Financial Globalisation on the Economic Policies?
 What are the the risk and benefits of Financial Globalisation?
 What is the impact of Financial Globalisation on Economic Policies in the context of
Bank of England?
CHAPTER 2: LITERATURE REVIEW
To gain a concept understanding of financial Globalization
As per the view point of …………………… , financial globalization refers to a merger
of domestic financial method of a specific country along with an international company and
markets of financial. Through this huge growth of economy has been seems at global level in
past few years as well as at a technological field. It is more specific in transport as well as
communications in respect of this there are a silent revolution that develop finance
globalization a clear choice or prospective. There are major two international institutions that
develop to support world trade in order to remain or maintain growth of Financial
Globalization that are International Monetary Fund (IMF) as well as World Bank. Along with
this, it is also functions and operations which lead to cross border finance. Through this an
organization able to conduct its business operations as well as function in effective and
appropriate manner. In respect of History of financial globalization it is enhanced during the
year 1980 as well as 1990 along with this year 1997 will is consider as best research. Along
with this, it conduct or develop out risk in appropriate way that will help an organization in
creating a peoples in appropriate as well as opposite manner. It is essential because by through
it en organization able to conduct their work in effective as well as appropriate manner.
Financial globalization helps a company in various ways such as by it thy not able to conduct
4

work properly. Moreover respective company has various others financial globalization which
help in conducting work in effective manner. along with this, financial globalization also help a
company in expanding its business at another country in order to generate high profitability
ratio as well as market shares.
Globalization refers to as integration and interaction of people and government across
the boundaries. It helps the organization is selling out their product globally across the nation.
By doing so economy of the nation increased at a tremendous scale in competitive world.
Enterprise invest in their business to expand in the international market in order to capture huge
market ratio in the city throat competitive world. Monetary value are the backbone of every
firm in today's world. Without finance company can not globalize their product or services in
the international market. Bank of England is serving it services across the boundaries so that
everyone can be benefited with the type of services they are offering. In Today's ear every
s,mall or big bank are getting globalize at a rapid scale which is directly or indirectly boosting
the economy of the nation in terms of revenue. By doing so living standards of the people are
raising day by day in the community which is positive sign. Globalization is a platform where
everyone can selling their product or services across the globe irrespective of any barrier. It has
reduced the barriers and has opened the door of success in the competitive world. By this
company has been benefited and are able to pull their potential customers towards their
banking services.
To analysis this risk and benefits of financial Globalization
As the view point of …………………, Financial globalization refers to the situation
when a company conducts its operations as well as function at across boarder in order to gain
high profitability ratio. There are various benefits of respective procedure such as through this
company able to generate high profitability ratio. Along with this company able to increased
flow of capital at each and every country that will help a country in being prepared in order to
counter any kind of financial crisis which they may face in future. Next benefit of financial
globalization is that due to the financial globalization flow of capital among nations or
countries get enhanced which develop well-organized world which have effective allocation of
money. Along with this, it will also help in improving living standard of peoples leaving in
these countries. Financial globalization also helps a company in growing economic condition
of country through various ways such as rise in domestic savings, decrease in the cost of
5

capital, technology transfer and many more and that is done in order to developing countries
that will leads to development of domestic financial portions. Along with this financial
globalization will also leads to enhancement of foreign direct investment in effective and
appropriate manner which enhance economy of a country as well as company.
There are also some risks which are associated with financial globalization such
as policies such as monetary and fiscal are complicated due to huge government deficits. It will
also shift to landscape of exchanges rate which leads to imbalanced large as well as continuing
payment of funds. Along with this another major risk which is associated with financial
globalization is that firm’s domain get shift due to some reason form publicly traded company
to private owned model. Another is that the global market of capital gets shrinking as well as
changing due to financial globalization. Moreover sometime it can also arise to situation which
leads to too much flow of capital or funds that emerge at countries marketplace due to which
another country may get suffer. So it is consider as necessary that company must analysis both
risk as well as benefit before adopting financial globalization in order to enhance business. For
which they can conduct analysis and evaluation of both market as well as economical factor of
both the countries. This is so because if an organization adopt financial globalization in
effective manner they able to enhance their profit ratio and economy of country in effective
manner.
In the 21st century every thing has advantages and disadvantages. Same Bank of
England is faces risk factor and benefits in terms of financial globalisation. By doing banking
services globalize in the international there are many risk as well as benefits prevailing in the
market place. Globalization is the platform where banking sector needs to research and develop
on continuous basis in order to build potential customers with the unique services. On this
platform neck to neck competition prevails so to enter in the market there is huge risk as well
as chances of failure increases accordingly. In context of banking globalization plays a vital
role in the growth and development .
To determine the important of financial globalization on economical policies
As per the view point of……………………….., economic policies refers to the rules as
well as regulation which are developed by a country’s government so that every activities or
operation of company is conduct in effective manner. There are various type of economic
policies and procedures which help a company or country in adopting financial globalization in
6

effective manner. Through this they also able to promote development of various other
departments and sectors such as finance, trade operators and many more. This will directly and
indirectly help them in enhancing economic condition of the country. Along with this, by
adopting proper economic policies a company able to conduct its business activities or
procedure in effective as well as appropriate manner. By this country also able to evaluate
effectiveness of economic policies which help in conducting evaluation of market as well as
market. Moreover, financial global also help country in developing appropriate economical
policies so that they can conduct work or activities in effective manner which help in attaining
goal as well as objectives. Along with this, economical policies help a company in developing
their business which leads to enhancement in technological factor, enhancement in finance as
well as company also able to conduct work properly. This will also leads to grow in
economical condition of both the countries among which financial globalization is condition.
This will also leads to conducting of work or operation in effective as well as appropriate
manner.
The term economic is the wider concept that refer to the current financial position of a
particular country or region. Their are different types of conditions are present in market that
impact on economic-cycle such as inflation and interest rate, purchase power of consumer etc.
In context of Bank of England they are providing their services in developed country which
determine that UK business houses are in sound position. Like in context of service industry
specifically in banking services they has to maintain financial records so there is balance
between monetary market of country. '
Economic conditions is influenced by different factors which include micro and macro
economic factors of company. In context of bank of England they earn sufficient amount of
income from various sources such as import and export, tax etc. which are execute by them for
the development of infrastructure of country. For predicting economic market of a country
several indicators are present through which company found different factors such as GDP &
employment rate. This aspects help the bank to develop their goals for long term and short term
period. Example- Indicators like new clients for bank service and deposit show the high
inflation rate of country which attract investors to open their business in developed countries.
7

CHAPTER 3: RESEARCH METHODOLOGY
It is considered to be one of the most critical part of any investigation undertaken by a
researcher as it enables them to systematically analyse theoretical concepts and statements in
the context of real world scenario. For this purpose, a Research Methodology entails various
types and methods of investigations that are reliable and effective in nature for a particular
research study. However, it is worthy to note that this section does not set out to provide
solutions, it only underpins the theoretical aspect which is critical for understanding a particular
method suitable for the purpose of conducting a successful investigation of variables that are
considered impactful by the researcher for a particular arguable thesis. Hence, one can say that
the 'Research Methodology' is a general research strategy that gives a skeletal view of the
research investigation that is to be undertaken by the investigator by defining the methods to be
used for the same.
3.1 Type of Investigation
Investigation can be defined as the systematic process of gathering valuable information
or data from a diverse set of sources in order to discover and approve or disprove the facts
presented in the research statement. Hence, a research investigation includes a broad class of
fields that may be related to different type of disciplines such as law, science and business
among others. Therefore, it is important for a research to be valid, time-tested, accurate and
must be submitted on time. For this purpose, Research types can be broadly classified under
two categories that have been discussed as under:
 Qualitative Research:
A qualitative research is one which is primarily of exploratory nature. It is a usually employed
to gain valuable insights on underlying reasons in relation to the existing and potential trends
that drive behaviour, opinions and motivations. In addition to this, it also helps in gaining
knowledge in those areas of a given research subject that are more descriptive and non-
numerical in nature. The Qualitative Data is inclusive of both unstructured and semi-structured
techniques that are largely dependent on the nature and size of the investigation undertaken by
the researcher. Some of the common methods that constitute the area of Qualitative Research
are individual interviews, Focus or Group Discussions and Participation or Observation.
Generally, the sample size taken into consideration.
 Quantitative Research:
8

Quantitative Research, as the name suggests, is one which relates to the gathering, classifying,
processing and inferring of data which is primarily of numeric nature. Hence, the primary focus
of this research is to utilize non-descriptive information or data by employing different types of
statistical analysis. Usually, this includes a significantly large blocks of data in comparison to
the information gathered under Qualitative Research. Some of the common methods that
constitute the area of Quantitative Research are in the form of surveys which may be accessible
either by online such as online polls using mobile devices or offline such as paper surveys and
kiosk surveys among others. Apart from these, face-to-face interviews, telephone interviews,
longitudinal studies, website interceptors and systematic observations among others, also come
under this head of research type. Thus, unlike Qualitative Research, the data collected under a
quantitative research is much more structured which ultimately results in an efficient
formulation of facts and discovery of patterns critical to a given research investigation.
For this project researcher has chosen a Qualitative research to collect the data because
it provides the theoretical framework which explore the knowledge by getting variety of
opinions and views in relation to the given exploratory work.
3.2 Research Philosophy
Another important constituent of Research methodology relates to the philosophical
aspect. A 'Research Philosophy' can be considered the belief about the manner in which the
relevant data for a specific investigation must be collected, interpreted and utilized. Here, the
purpose of it is to enable researchers to execute their research plan in a more effective manner
so as to achieve the most suitable outcome possible. Essentially, Research Philosophy can be
mainly segregated into two sections which include Interpretivism and Positivism. These have
been discussed as under:
 Interpretivism:
This philosophy is established on the grounds that a phenomena can only be understood
excellently when studied in its natural habitat. It also acknowledges the fact that while
conducting an exploration for a particular thesis, a researcher cannot avoid affecting those
phenomena they evaluate. Hence, the approach of interpretivism includes conduction of
assessment or evaluation of components that are critical to a research study.
 Positivism:
9

One of the key assumptions of this discipline is that reality is stable. They believe in the
isolation of phenomena by extracting it from its natural habitat. Also, it is important for the
observations to be of repeatable nature. Hence, this philosophy includes a manipulation of
reality with variations observed in single independent variables. By following this process, the
researcher is able to identify regularities. One can say that this philosophy is mainly based on
the quantitative research method that facilitates the collection of information statistically.
In the context of current exploration work, researcher are more focused on
interpretivism research philosophy as it supports interpretation of qualitative data in most
effective manner that is further helpful in analysing the collective data in various aspects.
3.3 Data Collection:
This is consider one of the main and essential part of research which is divided into two
parts such as primary and secondary. Both are consider main and effective sources of data
collection which is used by researcher to collect accurate data about the topic. In case of
primary research, questionnaire will be used by researcher as it will highly assist them by
providing reliable and valid information about the impact of Financial Globalization on the
Economic Policies. Thus, it is a most essential and useful instrument of primary research. On
the other hand, for accumulating secondary information, books, journals, magazines, articles,
literature review etc. are consider useful resources. At these resources will support a researcher
to accumulate in-depth and detail information or data about the study.
3.4 Research Strategy
It is also identify as an important and significance part of research which is divided into
different parts such as case study, observation, survey, questionnaire etc. All these are consider
main type of research strategy applied by researcher to gather appropriate and proper data
about the topic. For this project, survey will be applied by researcher as it will help them by
giving accurate and liable information regarding the impact of Financial Globalization upon
Economic Policies. Therefore, it will also assist a researcher to accumulate accurate amount of
information from the respondents.
3.5 Ethical Consideration
It is important and essential part of research which includes different number of ethics
principles including anonymity, confidentiality and informed consent. All these are consider
10

main principles which should be followed by researcher. As it will help an investigator to do
each activities and tasks of research in accurate and proper manner. Without this, researcher
can not complete investigation in systematic manner. For this, researcher should try to provide
actual information to the respondents which will help them in accomplishment of research
goals and objectives.
3.6 Research Limitation
It is another important part for this research. For this project, time is consider major
limitation because topic is more large and for doing this, researcher need appropriate time.
Along with this, there are also different limitations related with the research which is faced by
investigator such as formulation of aims and objectives, implementation of data accumulation
method, selection of sample size etc. All these are consider major limitation which will highly
impact on researcher while doing each activities as well as tasks of study.
11

APPENDICES
Research Proposal Form
Student Name: __________________ Student ID:_______________
Center Name:___________________
Tutor:_________________________ Date:_____________________
Unit:__________________________
Proposed Title: Impact of Financial Globalization on the Economic Policies- A Study on Bank
Of England
12

Section One: Title, objective, responsibilities
Title or working title of the research project (in the form of of a question, objective or
hypothesis)
H0: Business Operations of Bank of England are not widely impacted by Financial
Globalization.
H1: Business Operations of Bank of England are widely impacted by Financial Globalization.
Research Objectives (e.g. what is the question you want to answer? What do you want to
learn how to do? What do you want to find out?):
The significant research objectives of this research study are enumerated as under:
 To gain conceptual understanding of 'Globalisation'.
 To analyse and assess the impact of globalisation on Bank of England.
 To determine the rewards and losses gained or incurred on the part of Bank of England
due to Financial Globalisation.
 To evaluate the current as well as future changes observed in the business operations
of Bank of England due to Financial Globalisation.
Section Two: Reasons for choosing this research project
Reasons for choosing the project (e.g. links to other subjects you are studying, personal
interest, future plans, knowledge/skills you want to improve, why the topic is important):
 To develop a conceptual as well as practical understanding so as to demonstrate the
implementation of Globalisation in a real word scenario.
 Financial Globalisation is an important concept as most of the cross-border
transactions carried out all around the world require a proper knowledge regarding its
processes, procedures, benefits along with the implications or consequences that may
arise if organisations do not follow the nuances of Financial Globalisation properly.
This interconnection between various business organisations is one of the biggest
reason to choose this research project.
Section Three: Literature sources searched
Use of key literature sources to support your research question, objective or hypothesis:
13

McCauley, R. N., Bénétrix, A. S., McGuire, P. M. and von Peter, G., 2019. Financial
deglobalisation in banking?. Journal of International Money and Finance. 94.
pp.116-131.
Bank Of England and Globalisation. 2019. [Online]. Available Through:
<https://www.bankofengland.co.uk/inflation-report/2018/august-2018/global-
economic-and-financial-market-developments>
Financial Deglobalisation. 2014. [Online]. Available Through:
<https://www.bankofengland.co.uk/-/media/boe/files/speech/2014/financial-
deglobalization-capital-flows-banks-and-the-beatles>
Globalisation and Financial Stability. 2017. [Online]. Available Through:
<https://www.imf.org/~/media/Files/Conferences/2017-annual-research-conference/
berner-lunchremarks.ashx>
Financial Resets. 2019. [Online]. Available Through:
<https://www.imf.org/external/pubs/ft/fandd/2017/12/lund.htm>
Section Four: Activities and Timescales
Activities to be carried out during the research project (e.g research,
development and analysis of ideas, writing, data collection,
numerical analysis, tutor meetings, production of final outcome,
evaluation, writing the report):
Activities Time Taken (in days)
Introduction 8
Creating Aims and Objective 10
Literature Review 15
Research methodology 15
Data collection 21
Data analysis 12
Recommendation 6
Submission 2
How long this will
take:
Roughly 3 months to
achieve accurate
results
Milestone One:________________
Target Date (set by tutor):______________
14

Milestone Two:_________________
Target Date (set by tutor):_______________
Gantt Chart
Section Five: Research approach and methodologies
What type of research approach and methodologies are you likely to use and why? What
areas of research will you cover:
Comments and agreement from tutor
Comments (optional):
I confirm that the project is not work which has been or will be submitted for another
qualification and is appropriate.
Agreed:____________(name)_____________Date_____________
Comments and agreement form project proposal checker (IV Sampling)
Comments (optional):
I confirm that the project is appropriate.
Agree/Disagree: (Name of the IV) Date
15

Research Ethics Approval Form
All students conducting research activity that involves human participants or the use of
data collected from human participants are required to gain ethical approval before
commencing their research. Please answer all relevant questions and note that your form may
be returned if incomplete.
For further support and guidance please see your respective Unit Tutor:
Before completing this form, we advise that you discuss your proposed research fully with your
unit tutor. Please complete this form in good time before your research project is due to
commence.
Section 1: Basic Details
Project Title:
Student Name:
Student ID number:
Programme:
College Name:
Intended research start date:
Intended research end date:
Section 2 Project Summary
Please select all research methods that you plan to use as a part of your project:
 Interviews Yes No
 Questionnaires Yes No
 Observations Yes No
 Use of Personal Records Yes No
 Data Analysis Yes No
 Action Research Yes No
 Focus Groups Yes No
 Others (Please Specify):
16

Section 3: Participants
Please answer the following questions, giving full details where necessary.
Will your research involve human participants?
Who are the participants? Tick all that apply:
Ages 12-16: Young people aged: 17-18 Adults: More than 18
How will participants be recruited (identified and approached)?
The participants will be recruited by way of interview selection.
Describe the processes you will use to inform participants about what you are doing:
Through Emails, researcher will be able to inform the participants.
How will you obtain consent from participants? Will this be written? How will it be made
clear to participants that they may withdraw consent to participate at any time?
The consent shall be obtained by way of Email Responses. The consent withdrawal process
regarding the same shall be in the form of written assertions.
Studies involving questionnaires: will participants be given the option of omitting questions
that do not wish to answer?
Yes No
If no please explain why below and ensure that you cover any ethical issues arising from this
Studies involving observation: Confirm whether participants will be asked for their
informed consent to be observed.
Yes No
17

Will you debrief participants at the end of their participation (i.e. give them a brief
explanation of the study)?
Yes No
Will participants be given information about the findings of your study? (This could be a brief
summary of your findings in general)
Yes No
Section 4: Data Storage and Security
Confirm that all personal data will be stored and processed in compliance with the Data
Protection Act (1998)
Yes No
Who will have access to the data and personal information?
During the research:
Where will the data be stored?
Will mobile devices such as USB Storage and laptops be used
Yes No
18

If Yes, please provide further details:
After the research:
Where will the data be stored?
How long will the data and records be kept for and in what format?
Will data be kept for use by other researchers? Yes No
Section 5: Ethical Issues
Are there any particular features of your proposed work, which may raise ethical concerns? If
so, please outline how you will deal with these:
It is important that you demonstrate your answer of potential risks that may arise because of
your research. Please consider/address all issues that may apply. Ethical concerns may
include, but are not limited to the following:
 Informed Consent.
 Potentially vulnerable participants.
 Sensitive topics.
 Risk to participants and/or researchers.
 Confidentiality/ anonymity
 Disclosures/ limits to confidentiality
 Data storage and security, both during and after the research (including transfer,
sharing, encryption, protection)
 Reporting
 Dissemination and use of your findings.
Section 6: Declaration
I have read, understood and will abide by the institution’s Research and Ethics Policy:
19

Yes No
I have discussed the ethical issues relating to my research with my Unit Tutor:
Yes No
I confirm that to the best of my knowledge:
The above information is correct, and this is a full description of the ethical issues that
may
arise in the course of my research
Name:
Date:
Please submit your completed form to your supervisor and also attach to the Research
Proposal when submitting to Turnitin.
20