All India Management Association (AIMA) 2007 M.B.A Marketing Management Business Ethics

Respected corporation: Murthy’s approach to corporate governance and workplace values has been no less influential on the most dynamic and successful technology companies in India. Corporate Governance is an area of critical importance to Infosys and 1 where it has sought to be a global leader. It is seeking to use its model example to promote far higher standards in India and Murthy has been 1 of the most vocal and influential advocates of corporate governance reform in his country.
Infosys ensured best people: Infosys has built a state of the art office complex in Bangalore with all modern facilities which helps in giving its employees a sense of belonging. While offering stock choices to its employees, it ensures that the workforce has a stake in its overall growth. Actions speak louder than words and leaders must speak in a way that inspires integrity and a vision for the company.
There are no hard and fast rules that vision statement should be written or published. Top management usually has a crucial role in the development of the vision statement. But in a few organizations even employees are involved in this task. The ethical ques. arises that to what extent do stakeholders have a right to be involved in developing and articulating the strategic vision?
In many successful companies the CEO himself frames the vision statement of the organization. However there are instances, where in companies failed due to this 1 – man approach. The ideal solution would be to involve the CEO and senior managers in the development of the vision statement. < TOP >

2. Corporate Governance is an area of critical importance to Infosys and 1 where it has sought to be a global leader. It is seeking to use its model example to promote far higher standards in India and Murthy has been 1 of the most vocal and influential advocates of corporate governance reform in his country.
The company states that they believe that sound corporate governance is critical to enhance and retain investor trust. Accordingly, they always seek to ensure that they attain their performance rules with integrity. Their Board exercises its fiduciary responsibilities in the widest sense of the term. Their disclosures always seek to attain the best practices in international corporate governance. They also endeavor to enhance long-term shareholder value and respect minority rights in all our business decisions.
Boards:
Majority of the Board, nine out of 16, are independent members. Further, Infosys has compensation, nomination, investor grievance and audit committees, which are comprised of independent directors. Infosys exercises the subsequent boards or committees to oversee how the management serves and protects the long-term interests of all the stakeholders.

Earning:   Approval pending.