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时间:2017-02-12 12:53来源:www.ukthesis.org 作者:英国论文网 点击联系客服: 客服:Damien
Corporate governance practices in the banking sector of India - Methodology
Chapter 4 – Research Methodology
This chapter outlines the research methodology adopted in this study. Section 4.1 describes the background of the research. The research objectives are outlined in the Section 4.2, followed by data collection and methods in Section 4.3. Section 4.4 includes hypothesis formulated and the proposed model is included in Section 4.5.
4.1 Background of the Research
Corporate organizations though in different forms and structures, have been in existence for many centuries now. The main aim for which each of these different forms of organizations came into being was either wealth generation or service to the society. According to Shah (2008) the most recent form of corporate organizations, which has been in vogue for the last three centuries is the free enterprise system.
Post, Preston & Sachs (2002) state that, the modern corporation is the centre of a network of interdependent interests & constituents for which each are contributing for its performance & each anticipating benefits as a result of the organization’s activities. Once as early as 1946, Peter Drucker says that the core image of the corporation is that the corporate formed is socially created and not a natural phenomenon, which means that the broad social norms and values need to be an inherent requirement for the corporate system as a whole.
To incorporate & abide by the social norms and values “Corporate Governance” emerged as a buzzword in the era of globalization. Organizations are incorporating and are putting a sharper focus on the ethical practices for the benefit of their performance & the benefit of society as a whole.
The fundamental concern of corporate governance is to ensure the means by which a firm’s managers are held accountable to capital providers for the use of assets. The responsibilities and functions of the corporate board in both developed & developing nations are receiving greater attention as a result of the increasing recognition that a firm’s corporate governance affects both its economic performance and its ability to access patient, low-cost capital. The past five years has witnessed a proliferation of corporate governance guidelines & codes of “best practice” designed to improve the ability of corporate directors to hold managements accountable.(责任编辑:BUG)

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