Tata Sons’ relationship with the group operating companies is governed by: It is imperative to build a sustainable and resilient enterprise. Globally, organisations are becoming vulnerable as businesses become complex, virtual and interdependent. Our Governance Philosophy is based on resilience. Tata Sons also goes beyond mere compliance to highlight certain behaviours and norms to Tata group operating companies. As a responsible corporate citizen, Tata Sons follows the laws of the land in letter and spirit. Our Governance Philosophy is to ensure fair, transparent, accountable and ethical management in order to protect the interests of all stakeholders, including shareholders, employees, customers, vendors, regulators and society. “The Tata philosophy of management has always been, and is today more than ever, that corporate enterprises must be managed not merely in the interests of their owners, but equally in those of their employees, of the consumers of their products, of the local community and finally of the country as a whole.” JRD Tata, 1973 Tata Sons is the principal investment holding company and promoter of Tata companies.Ħ6% of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation, and art and culture.Įach Tata company or enterprise operates independently under the guidance and supervision of its own Board of Directors.
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