Research Proposal: HSBC Bank and the Globalization of Finance

This research proposal investigates the effects of globalization on financial services, using HSBC Bank as a case study. The proposal outlines the research objectives, questions, and the reasons for choosing the topic, emphasizing the importance of understanding globalization's impact on financial institutions. It includes a literature review, discussing the concept of globalization, its role in enhancing HSBC's financial growth, and both the positive and negative impacts on its financial services. The proposal also details the methodologies, including inductive research approach, qualitative research methods, and data collection techniques using primary (questionnaires) and secondary (literature review) methods. Furthermore, the proposal outlines the sampling method, research activities, and timelines, providing a comprehensive plan for the research project.

Research Proposal

Research Proposal Form
Student Name: ______________________ Student ID:
____________
Centre Name: _____________________
Tutor: ________________ Date:
___________________
Unit: ____________________
Proposed Title: The Globalization of Financial Services
Section One: Title, objective, responsibilities
Title or working title of the research project (in the
form of a question, objective or hypothesis)
“To determine the impact of globalisation on financial
services on business organization. A study on HSBC Bank.”
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?):
 To identify basic knowledge about globalisation
concept.
 To evaluate the main role of globalisation on
increasing financial growth of HSBC Bank.
 To evaluate the positive and negative impact of the
globalisation on HSBC financial services.
 To identify the effective ways through which HSBC
bank reduce the negative impact of globalisation on
financial services.
Research questions:
 What is the basis knowledge about globalisation
concept?
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 What is the main role of globalisation on increasing
financial growth of HSBC bank?
 What is the positive and negative impact of the
globalisation on HSBC financial services?
 What are the ways by which HSBC bank reduce the
negative impact of globalisation on financial services?
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):
The main behind selecting this research project is to
effectively evaluate the impact of globalisation on financial
services of business organisations. By this researcher can
easily improve their skills and knowledge about its benefits
within the organization. On the other side, research also use
this research for academical purpose which help learners in
attaining appropriate information towards the globalisation
and its impact on organisational financial services.
Section Three: Literature sources searched
Use of key literature sources to support your research
question, objective or hypothesis:
Basis knowledge about globalisation concept
According to Sampson, (2017), globalisation is consider as an important
term which includes increase in social, economical interactions across the
borders. It provide a platform to business organization to operate their
commercial activities at global level for attaining competitive advantage. In
addition of this, it also may raise flow of ideas, trade and capital as well.
This may directly contribute in establishing a positive relation among
different countries. Globalisation also promote the communication in which
people, business can easily interact in over the world with the aim of
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operating activities at international level. This will contribute in capturing
larger market share and at the same time also established a competitive
brand image. Thus, concept of globalisation is helpful for business
organization to increase overall performance at global level.
Role of globalisation on increasing financial growth of HSBC bank
As per the view point of Asongu, (2015), globalisation play a key role in
enhancing the financial growth of the company at international level. As it
support to various financial companies to cultivate their strategic activities
that help them in offering effective financial services to consumers as per
their requirements. With the assistance of this, company can easily
understand client's needs and expectations. In context of financial services,
HSBC bank enhance their growth level by operating their business
internationally which contribute in developing brand image and popularity
as well. Apart from this, Foreign direct investment is also increased at a fast
speed which may lead in boosting technological advancement. This is the
main reason that it improved practices of global level which may contribute
in making famous and competitive growth of global companies. Through
concept of globalisation, HSBC back easily invite as well as attract talent
within their business hat support in effectively implementing the activities at
market place. If company includes skilled and talented workers then they
easily operate their activities and deliver quality of services to large number
of customers as per their expectation. This will put positive impact on the
entire performance of the company at market place. Thus, it has been stated
that globalisation is play a crucial role in developing as well as enhancing
financial services and growth of HSBC that may help in determining access
of new technologies, talented staff members and appropriate techniques that
assist in improving operation at global level. Globalisation also support in
creating positive relation among customers and company as well which
assist in satisfying requirements of clients.
Positive and negative impact of the globalisation on HSBC financial services
As per the view point of Coleman, (2016), globalisation is a concept that
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directly impact on business activities in both positive and negative way.
Reason behind this is that it provide ways and opportunities to trade their
business at global level with the aim of establishing competitive advantage.
As it also increase competition at market place by which global companies
tries to operate their activities accordingly. In context of HSBC,
globalisation highly support as it provide a better ways and medium to
expand operational activities internationally. This will improving the quality
services which satisfy customers needs and requirements towards the
financial services of HSBC. Along with this, the main benefit of
globalisation is that it help in boosting the technological advancement which
support business organisation in exchanging their activities at international
level. On the other side, globalisation also put negative impact on the
performance of company and its financial services as well. Culture
difference, large number of competitors at market, customer behaviour,
political environment and many more. All these challenges are negatively
impact in the HSBC financial performance at global level.
Ways by which HSBC bank reduce the negative impact of globalisation on
financial services
According to Crane and Matten, ( 2016), in modern era, globalisation highly
influence entire activities of business in positive and negative manner. As it
also lead in improving trade, wealth and financial transaction in different
countries which may positively influence the overall performance of the
company at market place. Along with this, it is also important for company
to reduce the negative impact of globalisation on its financial activities. In
this, organisation needs to understand all the trends and legal activities
before entering into new market so that they can easily run their business at
global market. Furthermore, learn about all the global penalty while
operating their activities is also effective for overcoming from the negative
impact of globalisation on entire performance of the organization.
Understand detailed market research firm can improve their services demand
in customers mind. With the assistance of this, HSBC improve their
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performance and also established their competitive image. This is the main
reason that large number of customers get attracted towards its financial
services at international level.
References
Coleman, W. D., 2016. Financial services, globalization and domestic
policy change. Springer.
Crane, A. and Matten, D., 2016. Business ethics: Managing corporate
citizenship and sustainability in the age of globalization. Oxford University
Press.
Asongu, S., 2015. The impact of mobile phone penetration on African
inequality. International Journal of Social Economics. 42(8). pp.706-716.
Sampson, T., 2017. Brexit: the economics of international
disintegration. Journal of Economic perspectives. 31(4). pp.163-84.
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):
How long
this will
take:
Milestone one: _________________
Target date (set by tutor): ____________________
Milestone two: _______________________
Target date (set by tutor): ______________________
Gantt Chart
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Section Five: Research approach and methodologies
What type of research approach and methodologies
are you likely to use and why? What your areas of
research will cover:
Research methodology play a significant role in evaluating
as well as gathering valid information to draw a valid
results at the end of the study. Mainly, it consider as a
research method that support researcher at the time of
undertaking research activities in systematic manner. It
includes carious approach and methods used by investigator
to undertake a successful research.
Research approach: It is a plan or procedure that consist
step of assumption in relation to detailed method of data
collection, data analysis and interpretation. This will
support researcher at the time taking decision within the
research activities. It divided into two categories such as
inductive and deductive research approach. From these,
researcher will use inductive research approach to carry out
research as all the collected information is based on
qualitative method.
Research method: It is important for investigator to select
right method for undertaking research activities in
systematic manner. Basically, it divided in two types such as
qualitative and quantitative research method. Both are
effective but for this research, investigator will use
qualitative research method to examine the valid
conclusion.
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Data collection method: It consider as a method that used
by investigator with the aim of gathering reliable
information about the particular research topic. Mainly, it
includes two type of method such as primary and secondary
collection of method. For this research, investigator will use
both method through which they can easily draw a valid
conclusion. By using primary method, investigator will
prepare questionnaire and secondary method includes
literature reviews that is based on published sources.
Sampling: It is one of the important method through which
researcher select sample size from large number of
population. Along with this, it includes both probabilistic
and non probabilistic sampling method. In current research,
researcher use random sampling method which comes
under probabilistic sampling. In this, 50 respondents are
selected who are the employees of HSBC Bank.
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.
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Agreed /Disagree: (Name of the IV)
Date
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Research Ethics approval form
All students conducting research activity that involves human participants
or the use of data collected form 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:
“The Globalization of Financial Services. A study on HSBC bank.”
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) :
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