Create a 7 pages page paper that discusses corporate governance and ethics play at royal bank of scotland.

Create a 7 pages page paper that discusses corporate governance and ethics play at royal bank of scotland. Due to corporate scandals of such high nature, it has now been expected that the organizations will ensure the implementation of regulated code of conducts in terms of their corporate governance and will follow and implement certain regulations in order to provide a certain degree of confidence to their shareholders. However, despite such efforts organizations are still engaged into activities which raise significant ethical corporate governance.

The recent moves by the RBS Bank to takeover ABN AMRO and subsequent failure of RBS to withstand the global credit crisis indicated a lot about the corporate governance issues at the bank and many shareholders as well as stakeholders raised serious concerns over the state of affairs at the bank. (Wighton,2009).Though subsequently RBS attempted to make good of the corporate governance issues and accounting disclosures that potentially hide different critical information from the shareholders, however, the past practices of the management of RBS warranted for a need to reassess the corporate governance and accounting reporting mechanism in a bid to further ensure that the interests of shareholders are intact.

Royal Bank of Scotland is one of the oldest and largest banks in the UK has more than 7000 branch network spread all over the country. RBS Bank is a part of The Royal Bank of Scotland Group and along with NatWest and Ulster Bank forms one of the most important and largest banking groups in the world.

Established in the early 18th Century, RBS was part of an economic revolution that took place in the West and duly supported the economy by providing banking services initially in Scotland and then in England. Bank also subsequently expanded itself through acquisitions and merges with foreign banks in order to achieve exposure and entry into foreign markets. Its most recent acquisition of ABN AMRO- a Dutch Bank- however, raised certain reservations by the various stakeholders as this deal was considered as unfavourable to shareholders.

This deal was the largest merger in the history of the financial services industry and as such expectations were high however subsequent credit crisis potentially unfolded many important implications of this merger as many shareholders believed that this merger was entirely in the favour of all the stakeholders.&nbsp.&nbsp.