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NEWS & ARTICLES
MAP
News Release
News Release
Greening Is The New Black: Is it so difficult to make a company green?
Tax Bulletins
August 10, 2021
August 10, 2021
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,...
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MAP
News Release
News Release
Better and Smarter
Tax Bulletins
August 3, 2021
August 3, 2021
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...
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MAP
News Release
News Release
Where To, Workforce?
Tax Bulletins
July 27, 2021
July 27, 2021
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...
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MAP
News Release
News Release
Disclosure of Shareholders’ Voting Results and Publication of the Minutes of Stockholders’ Meetings
Tax Bulletins
July 13, 2021
July 13, 2021
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,...
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MAP
News Release
News Release
CG Principle of “Fair and Equitable Treatment of All Shareholders”
Tax Bulletins
July 6, 2021
July 6, 2021
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:...
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MAP
News Release
News Release
The Future In The Present Tense
Tax Bulletins
June 29, 2021
June 29, 2021
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...
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MAP
News Release
News Release
CG Principles of “Transparency” and “Accountability”: Duty to Maintain and Report on Key Corporate Records
Tax Bulletins
June 29, 2021
June 29, 2021
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...
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MAP
News Release
News Release
What resilience looks like
Tax Bulletins
June 22, 2021
June 22, 2021
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...
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MAP
News Release
News Release
Fiduciary Duty of Loyalty: Conflict-of- Interests Situations for Directors, Trustees or Officers
Tax Bulletins
June 15, 2021
June 15, 2021
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...
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