Corporate Governance in an International Context Essay

Corporate Governance in an International Context - Essay Example of a board with the overall performance of firms by conducting an empirical research using a sample of 30 UK listed companies from Morningstar Company Intelligence. The method of data collection employed in this detailed analysis is random sample of thirty out of 1779 UK listed companies that were selected from the Morningstar Company Intelligence. As mentioned earlier, besides broad focus on the board of directors, the study included specific analysis of important aspects of companies, such as turnover, ROCE, EPS, number of employees, board size, percentage of non-UK activities turn over, number of non-executive directors, CEO/chair duality, number of female directors and international directors. Analysis of this information was very imperative in fulfilling objectives of the research. Subsequently, we utilized the tool of SPSS to acquire descriptive statistics of the raw data along with doing descriptive statistics, correlation and regression analysis that will be very effective in presenting the data in understandable manner. Empirical research is supposed to state a certain problem or a research question and then come up with theories and assumption. It is important to first design the research and after the methodology is determined, random sampling is employed so that the data can be gathered and analyzed. A sample is a â€Å"smaller (but hopefully representative) collection of units from a population used to determine truths about that population† (Field, Miles & Field, 2012). Sampling is important because it saves the time, energy and resources and gives results that can be calculated mathematically and are accurate. Probability sampling is a technique in which all elements e.g. people, families etc. have an opportunity to be included in the sample and the probability that any of them can be included mathematically. Simple random is a type of this technique and it selects the target population from the sampling frame in a completely random fashion. It is