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Attached is a project, and one picture of the table of content, I need you to re adjust the project as per the table of
Attached is a project, and one picture of the table of content, I need you to re adjust the project as per the table of content in the picture and also make for us Presentation on power point also
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1-to remake the same project in new word same as the attached picture
2- to make PPT
Attached are the research and the picture of table of content required
Risk management, Corporate Governance, and Bank Performance in the financial crisis Statement: BFRM has been an interesting course as it prepares me for working on the final project which is one of the requirements for my graduation. I decided on my topic as I felt interested in this it. I feel that the impacts of the financial crisis received too much attention however not many writings created links between thee impacts. In my BFRM project, I decided to work alone rather than working within a group as this could give me more concentration on my work. Also I feel free about creating connections between parts of this work. 1 Table of Contents 1.0 Choosing research topic....................................................... 2.0 Research timeline................................................................. 3.0 Literature review.................................................................. 4.0 Research Proposal.............................................................. 4.1 Title.................................................................................. 4.2 Background...................................................................... 4.3 Research question............................................................ 4.4 Objectives......................................................................... 4.5 Method............................................................................. 4.5.1 Research design........................................................... 4.5.2 Participants.................................................................. 4.5.3 Techniques................................................................... 4.5.4 Ethical considerations & procedures........................... 4.6 Timeline........................................................................... 4.7 Resources......................................................................... 5.0 Questionnaire...................................................................... 2 Choosing Research Topic Selection of the research topic can be thought of as the most tiring and exhausting part of doing any piece of research. This can attributed to the fact that choosing a topic takes the longest time and requires investigation for the existing topics of research in the same domain of knowledge. To be able to select such topic, I received too much guidance from my tutor. I was guided to do my research about \"Risk management, Corporate Governance, and Bank Performance in the financial crisis\". This is because I feel interested in writing about the financial crisis. My tutor guided me that can connect risk management, corporate governance, and bank performance to the financial crisis. This selection has also been made in accordance to reviewing literature about this domain of knowledge. Assignment Two 3 Research Timeline Activity / Date Week 1 Selection of the topic Literature Review Research instrument selection Research Methods & Design Data Collection Week 2 Week Week Week Week Week 3 4 5 6 7 Week 9 Week 10 Week 11 Wee k 12 Analysis &Statistics Recommendation s Conclusion Literature review 4 Week 8 Introduction: In this section, the researcher introduces the audience of the study with a reflection on what was gathered as secondary data. Numerous previous research papers were gathered in relation to the topic of the study. The collected material was required to be the most recent and directly related to the main issues that are discussed within the study. Relevance to the topics of the study was a major requirement. This made the researcher focuses on some researcher papers, summarize the content and material and it was adequately presented to audience. Basically, these endeavors were aimed at enabling the researcher to build up an adequate background for the study. Literature review provides the readers with a theoretical background and how other reviewers perceived the topic of the study. Financial crisis: Itgoeswithoutsaying that the financial crisis that was witnessed by the end of the past decade was probably the most aggressive and harmful financial crisis that was witnessed may be since the great downturn of 1929 and 1930. This crisis has probably impacted every business and non-business 5 sector all over the world almost in countries that were directly involved and those that were indirectly involved. It was illustrated from a pure financial perspective that the earth has challenged with one of the toughest periods when the global economy turned down in 2008 owing to the famous global monetary downturn which commenced in the United States due to the existing problematic issues in credit in addition to real estate. The influences of the global monetary downturn expanded out from the United States to almost every other country developed or developing near or far, directly or indirectly contacted with the United States and other powerful countries[ CITATION Abd10 \\l 1033 ]. The influences of the downturn too much attacked Europe since it is the most important partner of the United States. Also other countries including the GCC states, particularly the UAE was harmed by the crisis. Dubai was greatly impacted by real estate disaster[ CITATION Ahm10 \\l 1033 ]. Various writings were introduced to reflect on the impacts of the crisis. For example has explicitly reflected on the influences that the global monetary downturn had on the economies of countries[ CITATION Zar12 \\l 1033 ]. Though this crisis was not the first and the world witnessed more than one hundred financial crises in the past century, the crisis was the most 6 influential. It was illustrated that this global financial crisis is the toughest and the worst financial crisis since the Great Depression in 1930[ CITATION And09 \\l 1033 ]. All business sectors were confronted with the influences of the crisis. Business problematic situations directly led powerful countries to disastrous fall [ CITATION Smo10 \\l 1033 ]. Though numerous reasons are employed to explain the catastrophic downturn, the problem of credit has been put in the front of all these reasons. The damages that were identified for the crisis were mostly perceived in the banking sector with all its types (conventional and Islamic). Nevertheless, these impacts differed in degree from one type of banks to another [ CITATION Par10 \\l 1033 ] It was indicated that the 2008 financial crisis was probably a phenomenon that deserved being studied well and with too much concentration. Throughout the history of economies, the occurrence of the last financial downturn can't be perceived as a surprising phenomenon for economists and specialists. Nevertheless, the 2008 financial downturn has been perceived as a natural consequence to various prior incidents that took place just in the two years before the crisis. No doubt the subprime mortgage market and the challenges that took place were evidence that some kind of downturn was going to take place. The subprime mortgage 7 market was understood during that period as a power and solid sector but it fell unsurprisingly and rapidly. The impacts of this collapse to have occurred to various other financial markets all over the world. Actually, the surprising thing about this fall was in the strength of this fall and the accompanying influences that reached all others sectors. The costs that the financial markets in particular have endured were unbelievable and made drastic shifts in the financial landscape all over the world. Lots of theories and models were published to explain the causes and effects of the financial crisis of 2008. Hyman Minsky's theory can be thought of as one of the most popular and widely accepted theories thatproposes thepost-Keynesian interpretations which are very much accepted as in the economic domain in relation to the economic crisis. In the model of Minsky, it has been proposed that the state of financial fragilityseems to be the most adequate environment for financial downturns. A high level of financial fragility leads to a higher risk of a financial crisis[ CITATION Ell10 \\l 1033 ]. A second theory that has been published in response to the monetary financial downturn is the"positive feedback theory". This theory introduces a Mathematical approach through which it was declared that there is some kind of positive feedback amongst decisions of the market participants'. To 8 explain, positive feedback showsthere is some possibility that there are serious modifications in the values of the asset just in response to small modifications in economic fundamentals[ CITATION Kha10 \\l 1033 ]. It was assured that to reach an adequate system to resolve the influences of the financial downturn and to identify an adequate diagnosis of this problematic issue as well proper remedies it is important to begin with identifying a theory that explains and provides solutions. Brown and Sarkozy (2009) illustrated that the crisis and the economic downturn also call for a policy response. This policy should aim at restoring stability, and it should keep in mind that \"nance, free trade and competition are only means, not ends.[ CITATION IMF12 \\l 1033 ]. There have been too many responses for the crisis and its impacts. Differences were built in accordance to the various experiences of the governments that were impacted by the crisis. Even within each government, responses of the different sectors were not the same. The GCC sector for example, has not been immune to the impacts of this crisis in spite of enjoying a powerful economic state due to the boom in the oil prices by 2007. The impacts of this crisis reached GCC states. These impacts were met with certain measures that were not sufficient and needed to be reviewed and rethought of.[ CITATION Mir09 \\l 1033 ]. 9 Corporate governance, Risk management, and bank performance during the crisis: No doubt that working in the impacts of the crisis required organizations to adopt special procedures. Those who are in charge of public policiesall over theworld worked seriously on investigating the adequateness of the existing corporate governance that has been implementedin the financial sector in particular. Specialists assured that the roles adopted and played byas well as the process of managing profile of risk in the financial sector has been put under scrutiny. There have been numerous many policies, frameworks for managing risk comprehensivelyall these have been outlined together withsome supposed governance structures. One of the most widely applied recommendations at that period was to \"put risk high on the agenda\" through the introduction of respective structures[ CITATION Wal09 \\l 1033 ]. That must have includedvarious actions. It was then suggestedvia the Sarbanes Oxley Act (SOX) in 2002 that financial expertise is regarded to adopta vital role. There have been some more specific proceduresinclude the introduction of a dedicated risk committee or designating a CRO who monitor all related risks in the financial sector[ CITATION Sab10 \\l 1033 ]. 10 It was assured that the governance of risk in large banks appeared to getevolved only to a limited extent in spite ofthe regulatory pressures that were going up in quantity and quality. Specialists decided on the most significant practices in banking risk governance and highlight the need to have at least (1) a dedicated board level risk committee, of which (2) a majority should be independent, and (3) that the CRO should be part of the bank's executive board[ CITATION Mon10 \\l 1033 ]. 11 Research Proposal Background: It has been known that the financial crisis that hit the world in the second half of the past decade may be the most influential financial crisis that hit the world's economy. It is said that the impact of the 2008-2009 global financial crisis are more dangerous and catastrophic than the great depression of 1929. Many nations and organizations needed to confront the impacts of this crisis as it led the economies of many countries to collapse[ CITATION Hud10 \\l 1033 ]. The surprising thing was that the impacts of the global financial crisis varied from one place to another. Moreover, in the same country that was impacted by this crisis the level of impact differed from one sector into another. It has been clear that the banking industry was the sector that was the most impacted by this crisis. One of the sectors that have been directly influenced by the impacts of the financial crisis is the banking sector all over the world. The impacts on the banking sector were greater than any other sector because it is the sector from which the crisis stemmed. The credit problem is probably one of the reasons that stand behind the crisis with the real estate market collapse. Loses that were found in the banking sector all over the world were countless. However, the degree of the impact differed in accordance to the type of the banking sector[ CITATION Zar121 \\l 1033 ]. 12 Research questions: 1. How did the financial crisis impact the word economy? 2. How did the financial crisis impact the banking sector? 3. How did the financial crisis impact corporate governance, risk management, and financial performance of the banking sector in Bahrain? Research objectives: 1. Identifying the impacts of the financial crisis on the word economy. 2. Discussing the impacts of the financial crisis on the banking sector. 3. Illustrating the impacts of the financial crisis on corporate governance, risk management, and financial performance of the banking sector in Bahrain. 13 Research methods: The researcher decided on the quantitative paradigm because there some advantages for applying this paradigm: 1- The quantitative data gives opportunities to get a broader study, including a bigger number of subjects. 2- There are opportunities to achieve a high level of objectivity and accuracy of results. 3- It enables the researchers to summarize the collected data. 4- It enables the researcher to compare his/her work with other studies. 5- The quantitative approach enables the researcher to avoid personal bias. Research hypotheses: Null hypotheses: There is no significant impact for the financial crisis on corporate governance, risk management, and financial performance of the banking sector in Bahrain. Alternative hypotheses: There is no significant impact for the financial crisis on corporate governance, risk management, and financial performance of the banking sector in Bahrain. Activity / Date Week Week2 Week Week Week Week Week 1 3 4 5 6 7 14 Week 8 Week 9 Week 10 Week 11 Week 12 Selection of the topic Literature Review Research instrument selection Research Methods & Design Data Collection Analysis &Statistics Recommendations Conclusion Proposal Timeline : Data Sources: 15 a- Secondary data sources: This source of data is considered really cheap and so available that it can be quickly obtained than the other type which is the primary data. There are some advantages for using this type of data: 1. It is an economic 2. It improves the understanding of the problem. 3. It provides the researcher a basis for comparison. b- The primary source of data: The researcher decided that the primary data source in the current study would be the Liker Five-point questionnaire. References List: 16 1. Abdelbaki, H., 2010. Assessing The Impact Of The Global Financial Crisis On GCC Countries.. Journal of Business & Economics Research, 8(2). 2. Ahmed, A., 2010. Global financial crisis: an Islamic finance perspective. International Journal of Islamic and Middle Eastern Finance and Management, 3(4), p. 306 - 320 . 3. Andrew , W. L., 2009. Regulatory reform in the wake of the financial crisis of 2007-2008.. Journal of Financial Economic Policy, 1(1), p. .4 - 43. 4. Ellaboudy, . S., 2010. The Global Financial Crisis: Economic Impact on GCC Countries and Policy Implications.. International Research Journal of Finance and Economics , 3(4). 5. Hudson, R. & Sara , M., 2010. A response to Reflections on a global financial crisis. Volume critical perspectives on international business, Vol. 6 Iss: 1, pp.53 - 71. 6. IMF, 2012. Impact of the Global financial Crisis on the GCC Countries and Challenges . , s.l.: Ahead. 7. Khamis, M. & Senhadji , A., 2010. mpact of the Global Financial Crisis on the Gulf Cooperation Council Countries and Challenges Ahead: An Update. International Monetary Fund Production: IMF Multimedia Services Division. 8. Mirakhor, A. & Krichene, N., 2009. Recent crisis: lessons for Islamic finance. , Kuala Lumpur.: IFSB 2nd Public Lecture on Financial Policy and Stability, Islamic Financial Services Board (IFSB), . 9. Mongiardino, A. & Plath, C., 2010. Risk governance at large banks: Have any lessons been learned?. Journal of Risk Management in Financial Institutions, Volume 3, pp. 116-123. 17 10.Parashar, P. & Venkatesh, J., 2010. How did Islamic banks do during global financial crisis?. Banks and Bank System5, 5(5). 11.RICHARME, M., 2007. Consumer Decision-Making Models, Strategies, and. [Online] Available at: www.decisionanalyst.com/Downloads/ConsumerDecisionMaking.pd f [Accessed 11 February 2015]. 12.Sabato, G., 2010. Financial crisis: Where did risk management fail?. ,International Review of Applied Financial Issues and Economics, Volume 2, pp. 12-18.. 13.SCHIFFMAN, L. G., et al., 2007. Consumer Behavior. 9th ed. New Jersey: Prentice, s.l.: s.n. 14.Smolo, E. & Mirakhor., A., 2010. The global financial crisis and its implications for the Islamic financial industry.. International Journal of Islamic and Middle Eastern Finance and Management, 3(4), p. 372 - 385. 15.Walker, D., 2009. A review of corporate governance in UK banks and other financial industry entities, Final Recommendations. 16. Zarrouk, H., 2012. Does Financial Crisis Reduce Islamic Banks' Performance? Evidence from GCC Countries.. Journal of Islamic Finance and Business Research, 1(1), p. 1 - 16.. Questionnaire 18 Risk management, Corporate Governance, and Bank Performance in the financial crisis Part one: Personal Data Gender Male Female Age From 30 to 40 From 40 to 50 Position Experience More than 50 Managers CEOs Board members Academic below 10 year 10 to 20 years More than 20 years Part Two: Instructions: Please answer by typing (x) in the box that fits your response 1= strongly disagree 2= disagree 3=Neutral 4= agree 5=strongly agree 19 Section one: The impacts of the global financial crisis on banking sector Bahrain The Research Statements 1 2 3 # 1 4 5 The financial crisis impacted banking sector. 2 The financial crisis impacted liquidity in the financial sector. 3 Credit and loans were impacted due to the financial crisis . 4 Equity prices and financial institutions profitability went down in Bahrain due to the global financial crisis. 5 The financial performance was impacted due to the financial crisis. Section two: corporate governance, risk management and financial performance in the light of the srisi # The Research Statements 1 Stock prices of the banks went down in Bahrain due to the crisis. 4 3 Banks applied tough risk management procedures Bahrain due to the crisis. 3 2 There were changes in the managerial policies in the banking sector in Bahrain due to the crisis. 2 1 Profitability of the banks in Bahrain was impacted due to the financial crisis. Data analysis The impacts of the global financial crisis on banking sector Bahrain # 20 The Research Statements Agree Agr Neutr Disagr Disagr ee al ee ee stron 4 5 strongl y gly The financial crisis impacted 1 banking sector. The financial crisis impacted 2 liquidity in the financial sector. Credit and loans were impacted 3 due to the financial crisis . Equity prices and financial institutions profitability went 4 down in Bahrain due to the global financial crisis. The financial performance was 5 impacted due to the financial crisis. 70% 21 10% 28 4 4 2 2 70% 10% 10% 5% 5% 26 6 4 2 2 65% 15% 10% 5% 5% 22 6 6 4 2 55% 15% 15% 10% 5% 20 6 6 6 2 50% 15% 15% 15% 5% 20 4 6 6 4 50% 10% 15% 15% 10% 10% 5% 5% This analysis for the second part of the questionnaire shows that the respondents tend to agree on the content of the items of this part that discusses "The impacts of the global financial crisis on banking sector Bahrain". This is due to the results. The responses for agree strongly are 70% of the total responses and the responses for agree are 10% of the entire responses. This means that 80% of the responses are for agree and agree strongly. Thus, it is agreed that there impacts for the global financial crisis on banking sector Bahrain. Anova analysis of the two variables In the analysis of the current study, the 'P' value was found to be 0.096 which is lower than .05, this means that the alternative hypothesis is accepted. This means that \"(H1: There is a significant impact for the financial crisis on corporate governance, risk management, and financial performance of the banking sector in Bahrain). 22 Upper Lower Upper Lower 95% P-value t Stat Standard Coefficients 95.0% 0.023734 95.0% 0.27008- 95% 0.02373 0.27007829- 0.09668 1.72344- Error 0.07146 0.12317- Intercept 1.083215 0.990603 4 1.08321 0.99060314 3 1.9E-26 46.02868 9 0.02252 1.036909 X Variable 1 5 23 7Step by Step Solution
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