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Draft 2016 code of corporate governance for publicly-listed companies

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Summary

The 2016 Code of Corporate Governance is intended to raise the corporate governance standards of Philippine corporations to a level at par with its regional and global counterparts. The latest G20/OECD Principles of Corporate Governance and the ASEAN Corporate Governance Scorecard were used as key reference materials in the drafting of this Code.

Issuer

Philippines

Year

2016

Region

Asia

Issuer (type)

Securities and Exchange Commission (Government)

Instrument type

Code

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Mandatory

Text analysis

    • Low 0.48%
    • Low 0.00%
    • E focus: climate change, environment
    • S focus: compensation, diversity, human rights, value creation, children
    • G focus: audit, board diversity, board independence, bribery, corruption, financial reporting, internal control, money laundering, risk management, accountability
    • Finance, Management, Manufacturing, Professional services, Retail trade, Wholesale trade