Cyrus Pallonji Mistry Quotes
When you look at good governance, you also need to look at how you approach the subject.
I think when you take decisions, you should take them not on the basis of what you believe is a convenient outcome, but what you believe is the right outcome. That's something that is important.
Shareholder value gets lost when things are done illegally, when corporate governance is not adhered to, when cohesive action is not taken.
At the end of the day, everybody has to take the right decisions for the right reasons.
If wrong decisions, both from a governance perspective and ethics, happen, this is a slippery slope that we will go down. Unless and until you recognise this, you will not take the right decisions.
When an institution goes through an inflection point, it has to institutionalise itself. That institutionalisation requires governance to be put in place, governance processes.
