Corporate Governance Guidelines
Corporate Governance Guidelines As of: February 2016 |
TEXTAINER GROUP HOLDINGS LIMITED Corporate Governance Guidelines The Board of Directors (the "Board") of Textainer Group Holdings Limited (the "Company") has developed corporate governance practices to help it fulfill its responsibilities to shareholders to oversee the work of management and the Company's business results. The governance practices in these guidelines were developed to assure that the Board will have the necessary authority and practices in place to review and evaluate the Company's business operations as needed and to make decisions that are independent of the Company's management. The guidelines are also intended to align the interests of directors and management with those of the Company's shareholders. Corporate Strategy to Enhance Shareholder Value. Approval of corporate strategy is a key Board function. Strategy should be formulated by the CEO and the senior management team and then developed fully in an interactive dialogue with the Board. Management has responsibility for implementing the strategy. Tone at the Top. The Board should participate with the CEO and senior management team to create a company-wide culture of high ethical standards, fair dealing and full compliance with applicable legal requirements that permeates its relationships with investors, customers, employees, suppliers, local communities and other important constituents.
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