CORPORATE GOVERNANCE

Research Proposal on Corporate Governance

Research Proposal on Corporate GovernanceIntroduction

Outline of the Study

This dissertation is based on the topic “Corporate Governance”. This study describes the work performed to further understand the Corporate Governance. Although this work focuses mainly on the development of corporate control, compositional changes in the governance have been examined as well. The study comprises the following sections:

Chapter 1 is an introductory chapter presenting the main goals of this study, research questions, rationale and significance of the study.

Chapter 2 is a review of the previous work in the study area. It explains the concept of Corporate Governance

Chapter 3 presents an overview of research methodology chosen for this study. Research design, the data collection method, samples, sampling method, research instrument, validity, reliability, and the ethical concerns are presented in this chapter.

Chapter 4 has been allocated for presenting the analysis and findings of the study. It gives a brief discussion of the findings in order to support the review of literature. It describes the current implementation of corporate governance in UK

Chapter 5 presents a summary of the main findings and achievements of this work. Suggestions for further work on this study are given as well.

Background of the study

The late 1980s, the UK corporate governance as the early 21st century United States, facing a huge crisis of confidence. At that time Britain's Mirror Group, BCCI, Polly Peck and other well-known company broke a series of serious financial fraud, led to the British sector of the theory and practice of corporate governance issues of great concern and heated debate. To stabilize the socio-economic and security interests of investors, the British established a committee headed by Sir Adrian Cadbury to investigate, and in 1992 published the famous "Cadbury Report." (Hampel, 1998).

The report laid the British series of the basis for corporate governance reform, and the formation of a unique survey of corporate governance model, that the authority of scholars led by the Special Committee for the issue of corporate governance in a particular investigation, evidence collection, discussion, analysis and research, and monitoring the implementation of the final report issued by the process.

The term corporate governance is perceived differently from one country to another, referring to different topics, persons or institutions and with different intensity and nature depending on the country and the circumstances, therefore, legal protection of investors will be different in each country depending on the origin of the rules (Keenan, J. and Aggestam, 2001). In this sense, the literature seems to be consensus to distinguish two models of corporate governance : (a) the Anglo-American model, characterized by a relative passivity of shareholders and institutional investors, a board that does not is always independent of the direction, which is not allowed to exercise full control of management (Keenan, J. and Aggestam, 2001), and an active market for corporate control, and (b) the continental European and Japanese model, characterized by shareholders and groups of active power, where its main shareholders are banks, a board independent of management, which allows an efficient ...