NEWS & ARTICLES

An outstanding feature of the Revised Corporation Code of the Philippines (RCCP) is the formal institution within its corporate governance (CG) framework of “corporation whose business is vested with public interests.” Section 22 of the RCCP provides that the Board of Directors of the “following...

THE COMMUTE How many of your workers now commute using bicycles? Since we experienced MECQ, ECQ, GCQ and all kinds of lockdowns and limited public transportation, it has been a focus of many companies to look for solutions to employee mobility. Even SMEs, like ours,...

Our economy has been brought to its knees by COVID-19 since March 2020. It contracted last year by 9.6%. The country’s GDP shrank by 4.2% in the first quarter this year. 2Q results may turn out better, but with the Delta variant surging the world...

If we were still of that age, where droves of students write up their CVs and send out resumes, we would be very worried. One, where do you apply for work? In my younger days, schools would send your names to prospective employers (like hotels...

Recommendation 13.3 of the Corporate Governance (CG) Code for Publicly-Listed-Companies (PLCs) provides that “The Board should encourage active shareholder participation by making the result of the votes taken during the most recent Annual or Special Shareholders’ Meeting publicly available the next working day. In addition,...

Principle 13 of the Corporate Governance (CG) Code for Publicly-Listed-Companies (PLCs) provides that “The company should treat all shareholders fairly and equitably, and also recognize, protect and facilitate the exercise of their rights.” There are five (5) Recommendations under Principle 13, namely: (a) RECOMMENDATION 13.1:...

The past fifteen months have brought unprecedented chaos and life changes for the generations alive today. We battled and continue the big fight with a ‘corona’ of thorns that already bled us with grim stories of lives disrupted, jobs lost, businesses closing, and loved ones...

One of the significant corporate governance (CG) reforms introduced under the Revised Corporation Code of the Philippines (RCCP) was the formally institution of the “fiduciary duty to maintain records and to report on significant corporate information.” Section 161 of the RCCP, under the title “Violation...

The disruption caused by the coronavirus pandemic has, unfortunately, left many organizations paralyzed, unable to weather the storm. For those of us that have been able to adapt, it continues to be a challenging period filled with uncertainty and difficult decisions. The resilience that is...