NEWS & ARTICLES

Principle 2 of the Corporate Governance (CG) Code for Publicly-Listed Companies (PLCs) provides that “The fiduciary roles, responsibilities and accountabilities of the Board as provided under the law, the company’s articles and by-laws, and other legal pronouncements and guidelines should be clearly made known to...

Food security is a pressing concern among countries, especially that food is essential to meet the needs of a growing population. Food security means that “all people, at all times, have physical, social, and economic access to sufficient, safe, and nutritious food that meets their...

International Women’s Day is celebrated every March, and this is the second that we are again spending at home. Ironically, one of the (many) events where I had the privilege to speak gave me the opportunity to “come back home.” As a proud SGV alumni...

Discussions continue in many parts of the country on the easing of mobility restrictions to reopen the economy, restore its health, and bring back jobs and the livelihood of many. However, economic recovery will only happen once public health is restored and for that to...

Recommendation 8.4 of the Corporate Governance (CG) Code for Publicly-Listed Companies (PLCs) recommends that a proper disclosure should be made of the policies and procedure in setting Board remunerations, thus: “The company should provide a clear disclosure of its policies and procedure for setting Board...

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...