How the introduction of corporate governance has impacted on performance of UK banks in terms general growth Abstract Corporate governance has been part of the daily processes of banks in UK and across the globe. This has led to several works of literature being conducted to find out the real benefits of corporate governance in relation to growth and profitability…
In the course of the presentation and interpretation of results, it was established that banks that pay the best of salaries and have an effective remuneration programs retain their employees over a very long periods of time in their organisations. In the same way, those that paid less suffered frequent cases of employee turnover in the forms of resignation and unannounced quitting of position. Literature has indeed showed that when companies put in proactive efforts through the standardisation of remuneration as suggested by the UK corporate governance code to retain their employees, there is a superlative impact that this would have on company performance (Iedema and Poppe, 2001). First and foremost, it will be noted that companies with long serving employees can be assured of a human resource base that is in-tuned with the organisational culture in place at the workplace (National Technical Information Services, 1987). Subsequently, the rhythm of customer participation will be easily read by such employees, who would in turn offer services and products that meet customer specification. In the long run, customers who have their specifications met will become satisfied with service received and will want to continue doing business with the bank. Another factor that links employee retention to bank performance is the fact that employees who have worked among themselves for long get along easily and better. Often times when new employees would have to come in who will be coached and guided as to how to deliver service, the rates of productivity of such employees will not be as effective as those who can work independently or with limited support (Ilies and Scott, 2006). Meanwhile, the levels of productivity recorded by banks can be translated directly into tangible fiscal growth. Acknowledgement I would like to acknowledge the efforts of all people who have been of help to me in the course of writing this dissertation. Names like ................. are worth mentioning. Thank you to you all. Contents Chapter 1: Introduction 1 1.1 Research background 1 1.2 Research rationale 1 1.3 Research aims and objectives 4 Chapter 2: Literature Review 5 2.2 Corporate governance in the banking industry 7 2.5 Operational Risk 12 2.5.1 Regulatory and Statutory framework for enforcing Corporate Governance 13 2.7 Measurement of Bank Performance 19 Chapter 3: Methodology 21 3.1 Introduction 21 3.2 Aims and Objectives of the Research 21 3.3 Research Approach 22 3.4 Research Design 22 3.5 Research Theory and Strategy 23 3.6 Research Method 24 3.7 Reliability and Validity 26 3.8 Limitations 26 Chapter 4: Findings 27 Chapter 5: Discussion 40 Chapter 6. Conclusion, Limitations and Recommendations 55 6.1 Conclusion 55 6.2 Limitations 58 6.3 Recommendations 60 Reference 61 Chapter 1: Introduction 1.1 Research background Undoubtedly, the degree of the collapses brought about by the Financial Crisis across the world as well as the ramification for the entire global economy is documented in many other places. Consequently, many would want to know whether the failure is as a result of poor corporate governance or not. As a response to isolated cases such as the Marconi collapse in 2001 in the UK, many would argue that it was not a failure of corporate governance because the collapse was mainly after a misguided strategy ...
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The importance of gender diversity has been found to be profound, increasing performance and success, and decreasing failures due to homogenous decision making processes that neglect various perspectives that would impact the direction that a company will take.
Data were gathered online either from the database called Osiris or by from company annual reports posted in their website. Pertinent information were initially gathered from 2005 to 2011, but data for the year 2009 was chosen for analysis.
The expectations within higher education are based on institutional norms and policies which are developed in various universities. The approach which is taken is based on the policies and roles of the administration and the decisions which are created within this framework.
First of all, I received so much inner wisdom and courage from the God Almighty, without His mercy, this would have not been possible for me. For that I am ‘thankful’ to God. Undoubtedly, my honourable Supervisor Mr. Name of Supervisor considerably supported and helped to complete this assignment.
sources 35 4.6.1 Secondary data sources 35 4.6.2 Primary data sources 35 Reference 39 Chapter 2: Literature review 2.2 Theoretical review The term “Corporate Governance” has emerged as one of the pertinent debate topic for both business managers and academic scholars.
The persons involved in project management collect information regarding customers’ necessities or product demand in the market; and try to manage the project effectively to improve the service delivery as a whole. According to Cross et al (n.d.), the project managers’ interactions with the people connect the people with the project management.
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And I strongly believed that this is related to accounting and finance, which are my majors for this bachelor program. Corporate governance, a topic I am currently fascinated with is directly linked with the duties and tasks I daily perform at my company.
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The corporate governance structure specifies the distribution of rights and responsibilities among different participants in the corporation, such as, the board, managers, shareholders and other stakeholders, and spells out the rules and procedures for making decisions on corporate affairs.
12 Pages(3000 words)Dissertation
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