NEWS & ARTICLES

2020 may very well be the longest year any of us has ever experienced. Filipinos of all walks of life were faced with new adversities, many of which remain unresolved as we approach 2021’s halfway point. Nevertheless, changes brought about by the COVID-19 pandemic also...

Principle 5 of the Corporate Governance (CG) Code for Publicly-Listed Companies (PLCs) provides that “The Board should endeavor to exercise objective and independent judgment on all corporate affairs.” Recommendation 5.1 provides that “The Board should have at least three independent directors, or such number as...

Under the old Corporation Code, although Section 23 thereof provided for the doctrine of centralized management that vested directly in the Board of Directors all corporate powers, all corporate properties and all corporate business, nonetheless, the practice was more to the effect that the Board...

Granting Statutory Bases for Corporate Governance Principles and Best Practices The promulgation into law of the Revised Corporation Code of the Philippines saw the placing into statutory language, and therefore into a more permanent framework, many of the corporate governance principles and best-practices adopted by...