As a Company we have always worked on the side of ethics and have shunned expediency in any form. We believe that if something is important enough to be done, it is important that we do it ethically. We supplement our traditionally held values of ethical behavior and moral conduct with explicit rules and regulations that guide our efforts in financial, propriety, customer care and business excellence.
We uphold the policy of "Leadership with trust" that has come to play a vital role in how our customers perceive us. This is important, given the climate of unparalleled public distrust of people in positions of power and authority in contemporary business and politics.
All our systems institutionalize our belief that Corporate Governance protects the interest of all members by inculcating in all our operations and processes, the principles of transparency, integrity, professionalism and accountability. It starts at the top with the Board of Directors comprising eminent professionals, as Independent Directors, who provide high quality, impartial advice to the Chairman, Managing Director and the various Committees of the Board. The Chairman of the Board is a non-Executive Director providing the necessary independence to the management to chart its growth strategy and promote operational excellence.
As Thenkoodu`s foreign locations progressively get integrated with Thenkoodu India, the best practices of governance get progressively extended to these locations as well. To better achieve its high Governance standards at its foreign locations as well, Thenkoodu has articulated "Transnational Governance Guidelines", with a view to creating a common platform for Board practices across the Company`s subsidiaries and joint ventures, and introduce an effective governance framework. These Guidelines outline comprehensive integrated approach towards Governance, which includes creation of an Authority-Responsibility Matrix for Management; Compliance Certifications; Board Compositions, Procedures, Information Flow, and Reporting Formats for Board Reviews, across the Group.
Needless to say, the core Thenkoodu Values and Code of Business Practices are applicable at all locations across the world.