Our Corporate Constitution publicly declares and defines the rights of our employees and investors to participate in our profits and growth, while also imposing certain disciplines on management. These features strike a balance between employees, investors and management, while allowing us to maintain an entrepreneurial environment, which encourages productivity.
Fair Enterprise
In 1971 Mr. Stronach introduced to Magna his management philosophy, which is known as Fair Enterprise. This business philosophy is the heart of our operating structure and is an entrepreneurial culture which builds ownership and inspires pride in all its people.
The objective of Magna´s Fair Enterprise Institute is to explain, promote and deliver the Fair Enterprise philosophy and entrepreneurial culture to a broader audience in business, government, academia and society.
