Master of Science in International Business and Law

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Browsing Master of Science in International Business and Law by Author "Khan, Sana"

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    A Critical Evaluation Of The Extent To Which The Recognition Of The Right To Privacy For Individual Citizens Under The European Convention On Human Rights 1950 Is Supported By The Law Related To Data Protection In The European Union That Is Now Provided For Under The Gdpr
    (Griffith College, 2021) Irerhievwie Emuesiri
    This research focuses on the extent to which the right of privacy is being provided for under the General Data Protection Regulation as provided for under the European Convention on Human Rights 1950. It discusses the approaches currently adopted in ensuring the right of privacy and data protection in the European Union, the effectiveness of these approaches and the constraints militating against effective implementation of the law on data protection and the right to privacy for EU citizens. Data protection laws are fundamental in securing the rights of people, particularly their entitlement to privacy. In this vein, the EU gives a solid worldwide enactment which is the General Data Protection Regulation (GDPR) in managing the assortment and use of individual data by the private sector and the government. The research adopted a mixed approach by carryout out an extensive survey on fifty (50) individuals within and across the European Union, followed by interviews conducted with four respondents to provide findings, and thereafter themes were utilized in finalizing the analysis. The finding and discussion following the interviews and survey, in line with the objectives of the study, portrayed that the right of privacy is fully considered under the GDPR in the EU. This is due to the fact that one of the aims of the General Data Protection Regulation (GDPR) is to empower individuals to have control over their personal information. It was also shown that the current approaches utilized by organisations in compliance with the GDPR have been faced by some challenges which includes poor priority levels, issues regarding consent from customers and prospects, and the right to erasure. These challenges militate against effective implementation of the GDPR among firms. In ensuring adequate compliance with the GDPR, and also curbing the challenge of consent, organizations must ensure customers are aware of their rights to demand full details of the information held on them, and also to retrieve their data when it deems fit. The research came up with other viable recommendations which can be attributable in the future.
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    An Appraisal on the Impact of Corporate Governance on the Financial Performance of the NIgerian Banking Sector: A Case Study of Fidelity Bank
    (Griffith College, 2023) Kalu, Uchechukwu Godson
    This study appraised the impact of corporate governance on the financial performance of the Nigerian banking sector using Fidelity Bank as a case study. With the objective to evaluate how the board composition and other committees of the banks affect the bank’s financial performance, ascertain the role of the Central Bank of Nigeria (CBN) as the regulator of the banks in Nigeria and explore the impacts these factors have on the financial prosperity of the bank. The pragmatic philosophical approach was used in this study. The results showed somewhat divergent perspectives on how corporate governance affects the financial success of Nigerian banks. Even though there weren't enough interviews, the research nevertheless outperformed other studies by analysing Fidelity Bank's financial statements and annual reports for the preceding five years, the most recent of which was in 2022. Questions about the effects of corporate governance on the financial performance of Nigerian banks, the impact of the board of directors and other bank committees on financial performance, and the CBN's role as the country's banking regulator were all addressed. Four employees of Fidelity Bank participated in a semi-structured interview to gather pertinent information, which was then analysed and used for more in-depth research. As previously mentioned, the bank's financial statements and annual reports for the previous five years were also examined, and the findings were compared with information from the interview. According to the analysis's findings, good corporate governance policies do influence the bank's financial success. As recommendations, in terms of the practice of corporate governance in Nigerian banks, it was advised that the role and position of external auditors be made available. It was also discovered that other bodies are tasked to regulate the activities of banks in Nigeria and the recommendation was given for those bodies to be unified into one. The CBN was also advised to intensify their regulatory functions. As for recommendations for future studies, it was advised that subsections of financial institutions should be studied without also ignoring market-based financial performance metrics and comparing them with other banks.
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    Corporate Social Responsibility and Small and Medium Enterprises’ (SMEs) Competitiveness in Lagos, Nigeria.
    (Griffith College, 2021) IDIKI GODDEY MONDAY KUKU
    With Lagos State inhabiting the highest number of SMEs in Nigeria, there seems to be little to no study conducted on their competitiveness using corporate social responsibility (CSR) as the predicting variable. Due to this, this study examines the relationship and effect of CSR on the competitiveness of SMEs in the state and further suggests ways through which SMEs in the state can utilise CSR as a tool for sustainability. The study tackled the research problem via the lens of three theoretical frameworks: Stakeholder Theory, Social Contract Theory and Systems Theory. In achieving the research objectives and testing the study’s hypotheses, descriptive statistics and inferential statistics were used. This study is premised upon the positivist research philosophy and hence adopts a quantitative approach in finding answers to the research questions. Moreover, the descriptive cross-sectional research design was also used. Data was collected using structured electronic survey questionnaires (Google Forms) and analysed using frequencies, percentages (descriptive statistics), simple regression and correlation (inferential statistics). This was done with the aid of the statistical Package for Social Sciences (SPSS) version 20.0. Results obtained indicated that CSR has a positive relationship with SMEs’ competitiveness while the legal dimension of CSR has a negative relationship with the competitiveness of SMEs. The study therefore concludes that an increase in the practice of CSR will lead to an increase in SMEs’ competitiveness while an increase in the implementation of the legal dimension of CSR will lead to a decrease in SMEs’ competitiveness. The study recommends that SMEs should utilise CSR a publicity/marketing tool to increase the public awareness of their businesses to generate more sales. Furthermore, CSR should be used by SMEs as a brand loyalty tool where customers become emotionally attached to their products/services. The study also advises the Lagos State government to reduce the tax burdens placed on SMES. Statutory provisions that are detrimental to the competitiveness of SMEs in the state should be repealed and replaced with favourable ones. Also, the government should increase the tax rate on large organisations that produce similar products/services with those of SMEs. Implementing these would greatly increase SMEs’ competitiveness in the state.
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    Data Protection An International And Local Application In The Sme Sector Since Gdpr.
    (Griffith College, 2021) Brenda Jazmin Gallardo Hernandez
    This paper examines the growing significance of Data Protection regulations, particularly the GDPR, in shaping business models and development amidst the digital transformation era. It highlights how countries like Ireland, with well-established community awareness, and Colombia, undergoing digitalization, face challenges in complying with these regulations, particularly for Small and Medium Enterprises (SMEs). The study involved interviews with two SME owners and two legal experts from both Ireland and Colombia to understand their perspectives on GDPR compliance standards. Employing a qualitative approach and a constructivist paradigm, the research aimed to delve into participants' responses through semi-structured interviews and analyze the results to achieve its objectives. The findings of the study reveal a general positive awareness among SMEs regarding the existence and implications of Data Protection Regulations, despite ongoing challenges in achieving full compliance. This underscores the importance of ongoing efforts to support SMEs in navigating and adhering to regulatory requirements in the digital age.