Whether the UK combined code on effective board structure add value to Essay

Whether the UK merged code on effectual get on structure add value to financial performance in the uk banks - Essay suitThis is give me good chance to pass, thanks) (THE AREAS THAT ARE COVERED THROUGH THIS QUESTION ARE DISCUSSED IN THE THE pattern OF THE DISSERTATION and THE QUESTION IS ANSWERED IN THE CONCLUSION)On the basis of the main purposes that resulted in the banking crises in the UK, this report examines if the UK combine Code has proven to be valuable in terms of accelerating the financial performance of the UK banks. However, investors expect a lot more from the financial institutions including banks of the joined States of America.This report is aimed to review two companies as criteria, in the United body politic corporate governance, on board structure and if the United Kingdom combined code is effective on the financial performance. The dissertation clearly identifies the weaknesses, strengths, current performances and failures of the banking industry of the UK.T he collapse of the banking sector of the United Kingdom was followed by the bankruptcy of the Lehman Brothers, the largest banking institutions in the United States of America. Since then, the UK went in to deep recession, which was considered to be the worst by many a(prenominal) economists. In the corporate governance sector, the United Kingdom is considered as the world leader (Shah, 2009).The most measurable factor behind the collapse of banks in the United Kingdom is the ineffective and inefficient progress of the board members. This investigation is aimed to review and analyze the major issues and factors that took part in the failure of the banking and financial institutions, more specifically, RBS and HSBC. These banks ar compared and examined deeply, aiming to discover out if the entities act in accordance with the combined code generated good financial results.The rigidity of the financial sector provides no room for abidance (Berndtson, 2009).The business and manageme nt corporate entities, at earlier, were governed in harmony only with the