SustainabilityEN | TH
Corporate Governance
BDMS strives to operate the business under good corporate governance principles, coupled with a transparent, honest, verifiable, and ethical manner. BDMS also emphasizes efficient risk management which is deemed a key factor of business operation while ensuring competitiveness and self-adaptation under constant changes, all of which are foundations of sustainable growth of the organization, foster competitiveness, and trust for all shareholders, create value and added value to enable the organization to achieve the established missions and sustainability to every stakeholder group.
BDMS Corporate Governance
BDMS adheres to conducting business operations responsibly on the basis of corporate governance and transparency principles within the Codes of Conduct the Company establishes for the compliance of every executive and personnel. Business supervision determines the organizational structure and management procedures. In addition, BDMS sets out a clear, well-balanced, and verifiable management structure that consists of a group of personnel with a major role in driving business toward the organization’s goals while being in line with relevant laws, rules, regulations, treatment standards, and patient safety, medical resources management, innovation promotion, social and environmental responsibility. Besides, BDMS takes into consideration the benefits of every stakeholder group which in turn, promotes the business’s continual and sustainable growth.
Corporate Governance Structure
BDMS determines the Corporate BDMS Committee, consisting of the Board of Directors and the Sub-Committees with the management responsibility that encompasses every dimension of operation procedures and healthcare ecosystem.
BDMS Grievance Procedures for Stakeholders
BDMS determines the whistleblower protection mechanism whereby the Company will keep confidential the personal data (name-last name) of the whistleblower as well as establishes the protection and mitigation measures for the whistleblower or complainant to prevent potential impacts and for the utmost benefit of the Company and every stakeholder group.
BDMS provides channels for complaints and suggestions for every stakeholder group, both inside and outside the organization, to report any violations or non-compliance of rules, regulations or any actions against the ethical conduct or corporate governance principle. BDMS grievance procedures are as follow :
Fraud Prevention and Anti-Corruption Policy
The Company has established Fraud Prevention and Anti-Corruption Policy in order to provide clear guidelines. Hence , BDMS’s executives and staff referring to all of the Company’s employees, subsidiaries , associated companies , and group-wide hospitals , as well as representatives acting on behalf of the Company in all of its operations as a group-wide Company , must not act or provide any support to such corruption in any case as well as to critically perform his/her duty in accordance with Fraud Prevention and Anti-Corruption Policy.
With unwavering commitment to these principles, the Company enforces the "Fraud Prevention and Anti-Corruption Policy," along with measures to prevent and combat corruption. The Policy acts as stringent guidelines for all employees, fostering anti-corruption and contributing to sustainable and stable business growth. The Policy shall be in effect for the Company and all its subsidiaries irrespective of location and outlines the expectations and responsibilities of directors, executives, and employees at all levels. The guidance and requirements under Fraud Prevention and Anti-Corruption Policy cover political contributions and charitable donation as follows:
Charitable giving and public contribution
Offering or charitable contributions shall be considered as charitable purposes only and relevant supporting document must be clearly shown and followed by the rulemaking process of the Company.
Political Contribution
The Company must devise political contributions guidelines and commit to a political neutral organization and does not undertake any acts in the interest of any political parties, groups or politicians, regardless whether at the national or provincial level. Hence, all management and employees are strictly required to comply with the Company’s Codes of Conduct particularly section 5.2 Political Actions. This includes the prohibition of providing supporting, or engaging in any political contributions that may result in gaining improper advantages or privileges, as such example actions would be considered.
For more information, please refer to Fraud Prevention and Anti-Corruption Policy via BDMS’s website