Chapter five Conclusions and Recommendations Introduction The preceding chapter does focus on presenting some of the important

aspects of the research topic of the Corporate Governance activities. This chapter is very much important as this gives the finishing touch to the dissertation. Enquiry on the conceptual bases of the literatures in addition with the research methodology and data collection will help to form the finishing line for this final chapter. Enormous data that has been collected through the use of the principal view on representation of employees and managers and it also emerged as one of the main chapter for explaining the unsolved issues of the dissertation. Qualitative research methodology and other areas are important for the research process. The chapter did also help the researcher in detail analysis of the data collection process. Organizational structure of the company have been linked with the financial policies. Researcher need to use some of the particular sample to continue with the research process. Conclusions Issues of the corporate governance have been one of the particular one for the research on the banking companies. Main evidence that has been gathered from the interviewed persons will also help for the analysis by the use of the grounded theory. Impact of the corporate governance on the banking companies have been discussed with detail statistical analysis. The status of the corporate governance practices of the banking company on the developed country are also important issues for discussion. It is seen

that conclusion has been made by the effective use of the gathered data in the data collection and analysis chapter. Impact of the corporate governance on the profitability of the HSBC bank has been discussed with selected sample areas and descriptions. Respondents of the questionnaire have been attached with various activities of the corporate governance. Summarize main findings Linking the data with the Research aims and Objectives. One of the main purposes of the research is concerned with the investigation into the effect of the corporate governance on the profitability of the HSBC UK. Study have been structured to the views and policies with keeping tag with the new and old policies and strategies that has been adopted by the organization for meeting with particular objectives. To review the extant conceptual models and theoretical framework associated with corporate governance on profitability. y y To investigate the perception and of corporate governance in HSBC UK To identify techniques of corporate governance practice and how to enhance the profit margin of HSBC Bank, UK First objectives- To review the extant conceptual models and theoretical framework associated with corporate governance on profitability.

During the period of the study it has been found that there are literature studies that has been notion of main of the corporate governance activities. There has been a dearth in

the corporate governance study in the ancient era. Most of the literatures have been found with origination from the ancient era. On the other hand there has been

literatures that did find out according to the aspects of the globalization. There are several existence areas in the issues of the multinational companies in the modern day period(Amaeshi et al. 2006, Asonju 2007). On the other hand literatures have been channeled towards the inculcation of the ethical requirements of the business in the corporate houses. They have been mainly aware in channeling their business in the corporations for the economic activities. On the other hand from the studies of the Onishi(2002) it was found out that effort has been mainly centered around addressing some of the areas of the corporate governance. It has also been circled through the use of the sphere of reporting and control. Precisely the contemporary era have been ushered for fairly remarkable literatures that will draw from the higher profiles of the scandals like that of Enron and Parmalat and the proliferations of numerous codes of ethical conducts from the developing world(Jill 2007, Nwanji and Howell 2006)

Second Objective: To investigate the perception and of corporate governance

in HSBC UK There has been several empirical investigation on the issues of the corporate governance functions in motivating the functions of this in the banking companies. In this period of study it has been identified that corporate social functions did embark on the issuance of the pressures that has been emanating from the stakeholders. In

addition there has been stakes that is needed to be undertaken. Suffice it to say that most of the activities have been profit oriented for the company. Even the developmental prospects of the computers and softwares have been one of the major concerns for being the profit oriented. There has been positive impression on the

regulatory bodies in the perspectives of the international developmental projects. It does enable them for reducing the hostility that got raised from the community and they are able to carry out the business in their own form. This has been noted by one of the respondent that such of the social investment needs to be driven out of the community one day. Corporate governance activities have been dependent on several of the contextual factors. In the case of the bank it is seen that most of the corporate governance activities that have been carried out but these all are based on the

conviction and real understanding of the stakeholders with large stake in the corporate business strategy. It has been suggested by different types of European foundation of the quality management in 2004. Corporate governance should be seen as one of the main concept of the companies for integrating social and environmental concerns in

the business operation and also with the interaction with the stakeholders in the voluntary basis. So the attitudes of the banking companies got deviated from this kind of perspectives. Third Objective: To identify techniques of corporate governance practice and how to enhance the profit margin of HSBC Bank, UK During the period of the study there have been several corporate governance activities and investments made and it has emerged from the corporate governance practices of the banking companies. Even the notable activities of the companies like donating, sponsorship and community development program can put it through some of the advancing projects for the future. In addition there has been concerns on the maintenance and other developmental activities of the bank. Even the respondents did say that corporate governance has been one of the major areas for the company to look

into. As separate full proof strategy is needed to be developed for the corporate governance activities. Even most of the respondent did say about the length and period of the activities that is needed for this purpose. On the other hand the impact of the social investments has been noticed on the business performance. Respondent of the management team did understudy that there needs to be an occasion where they need to shut down few activities which is against the development of the banks. It has been a significant influence of the local communities on the activities of the bank. Some studies confirmed that corporate governance activities have been related to the financial performance of the company. Even the business ethics did give all credit to the banking companies for sale and profit index. The financial performance of the company have been overwhelming and there had no issue of the financial problems in the past for the company. But during the period of recent recession the company went on to suffer miserably mostly due to the global financial meltdown. So the profitability has been one of the major concerns of the company. On the ground of the shareholders it can be told that they always look for cost cutting in the company. But the expenses need to be done for the corporate governance activities. As it has been found from the close ended view of the employees and Semi-Structure Interview of the managers that corporate governance can play as the competitive advantages for the company and thus they can capitalize on this. Shareholders have also been able to understand that the corporate governance activities need to be financed as that will give the company benefit in the future. Techniques like social investment, training of the employees can be effective for the development of the projects in the future. Thus the investment process in every

single activity in the social and economic areas are important for the company to enhance the profitability.

RecommendationsThe issues regarding the corporate governance can be the better used of the extensive research process. This research process will also be important for completing all the required areas of the research study. y Corporate governance has not been a gift aid but rather it is an understanding process which will entail the main areas of the corporate governance activities among the companies. y Corporate governance has been an effective analysis for social accountability related issues. National infrastructure of the company with general resources will make it important concerning areas for the company, like building the general resources with strong issues. y There are several of the issues that are related to the corporate social investment, and the importance of that issue is doubtless. Empirical issues of the fieldwork has been related to the important activities with HSBCs development in the concerning areas. y Corporate social policies of the company dont reach to the core elements of the corporate governance. y This has created unfriendly environment and thus it has made several of the issues with important decisions.

Areas for Further Research On the other hand there is some of the other topics area that is out of the interest. The notable factors like corporate governance activities affected the development of the banking company. The main consideration of the research needs to be understudied. Researchers havent been able to investigate on these issues. Role of the government on the communities has been unaddressed and it will tend to reach the limit for full understanding of the corporate governance. In addition same types of research cant be conducted in large sample of the banking company. This large sample of the banking companies throughout the city have been tested with proper investigation. Thus it is important for the researcher to consider some important issues related to the main investigation areas. With the application of the thematic form of analysis and also with detail guidance of other areas like Semi-Structured interviews and Open ended questionnaires have been important for the analysis of the researcher. Some critical issues with the grounded theory will uncover distorted meanings in all empirical materials. Research Limitations There are several issues in the Limitations of the research. There are several concerns for the issues of the data collection. The data has been collected through the analysis of Semi-Structured interviews and close ended questionnaires. Data have been collected directly from the managers and employees. So it is totally based on the issues of those persons related with interviews and questionnaires. Sometime it is seen that person do make lots of the manipulation by exaggerating few issues. In that case there has been

some problem for the development of the proper research areas. Even other factors like the use of only one company have been one of the major concerns. So there is narrow chance for the development of the critical analysis. Even the time limit for the study has not been that much; it was only for three months. During this small period of study it is quiet impossible to make a detail analysis. Still the researcher did study it extensively by counting the limitations. On the other hand the issues of lack of comprehensive studies have been other areas of the concern. Summary The chapter concluded with investigation into the impact of the corporate governance of the banking companies in developed country. Chapter did end with both analysis and findings thus the main areas have been linked with the aims and objectives of the study. On the other hand feasible implications have been made with recommendations. Aforementioned Chapter ends with giving change on guiding for change in the business performance. At last chapter gives unravel areas of course study.