CORPORATE GOVERNANCE

Corporate Governance

a way that a corporation is controlled or governed; a part of risk management that intends to increase the accountability of a company and avoid disasters before they occur.

Roles

What they are expected to do.

Responsibilities

What they actually handle or decide on.

Shareholders

are individuals or entities that legally own one or more shares of stock in a company

Stakeholder engagement

process of interacting with individuals or groups who are affected by or can affect the compnay’s decisions

Internal stakeholders

include employees, managers, and shareholders within the company

External stakeholders

include customers, suppliers, the local community, media, and the government

ASEAN Corporate Governance Scorecard (ACGS)

aims to elevate the corporate governance standards and practices of publicly listed companies across the ASEAN

Securities Regulation Code (RA 8799)

a 2000 PH law that regulates the issuance and tradings of securities to protect investors and ensure fair, transparent markets

Manual on Corporate Governance

a company-specific documented by the SEC that outlines how a corporation intends to comply with the SEC’s corporate governance rules