This includes, managing funds, investments, and stakeholders. The businesses operate within a complex system of interests and influences. Bebchuk et al. (1) contend that corporate governance arrangements can substantially affect shareholders. While identifying the stakeholders, the corporate are supposed to look beyond the formal structure of the organization. Therefore it is required to have a look at informal and indirect relationships as well. With growing influence of media and politics managing the corporate houses have become more challenging task. Political parties require campaign funds, while corporate houses want sympathizers in the government. In this paper an attempt has been made to study the corporate governance principles of two of the leading banks viz. HSBC and Deutsche Bank AG. Both these banks have been serving its customers over a wide range of segments and markets in different countries, while competing with each other in some of the markets.
Corporate governance structures and styles vary in the environment they operate. This variation may result in the form of different countries, types of market forces, prevailing economic conditions, types of customers/ consumers available, internal as well as external environment of the country, competitors available in the market etc. ...Show more