Tuesday, December 12, 2023

ABS-CBN Receives ACGS Golden Arrow Award For Good Corporate Governance


ABS-CBN Receives ACGS Golden Arrow Award For Good Corporate Governance

How do you feel about this story?


ABS-CBN was cited again for its good corporate governance as it received an ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Award from the Institute of Corporate Directors (ICD) on Thursday (Sept 28).

This is the fourth time that ABS-CBN was recognized alongside other top Philippine publicly listed companies and insurance companies for being compliant with government regulations based on the 2022 ACGS and Corporate Governance Scorecard (CGS) assessment results.

ABS-CBN treasurer and head of Investor Relations Vincent Paul Piedad accepted the award of ABS-CBN at the Golden Arrow Recognition of the ICD held at Okada Manila.

According to the ICD, the ACGS “aims to raise the corporate governance standards and practices of the Philippines and to make well-governed Philippine publicly listed companies attractive to investors.” The scorecard is composed of 184 questions based on publicly available disclosures on the companies’ websites. The Golden Arrow is given to companies that achieved a score of at least 80 points in the ACGS Assessment.

Meanwhile, the ICD is a non-stock, not-for-profit organization dedicated to the professionalization of Philippine corporate directorship.

For other updates, follow @ABSCBNPR on Facebook, Twitter, Instagram, and TikTok or visit www.abs-cbn.com/newsroom.

BSP To Keep Policy Settings ‘Sufficiently Tight’ For Now

The Bangko Sentral ng Pilipinas maintains policy tightness as November inflation eases to 4.1%, citing persisting risks while focusing on a sustained downtrend for stability.

PH Pledges PHP8.3 Million To Support UN Refugee Agency Efforts Next Year

The Philippine government pledges USD150,000 to support the United Nations in assisting refugees and displaced persons.

Ending Chapters: 5 Things We Learned About The Recent Showbiz Break-Ups

In closing chapters, there will always be life lessons. Here are some of the key takeaways from the recently announced showbiz break-ups.

4K Schools In Bicol Target To Plant 20K Trees Under DepEd Project

More than 4,000 public schools in the Bicol region joined nationwide tree planting, aiming for 20,355 trees as the Department of Education’s Christmas gift fostering environmental responsibility.

The Nomads Releases Edgy Christmas Single “Merry Christmas Wherever You Are”

The Nomads rock the holiday season with their edgy twist on Christmas tunes in “Merry Christmas Wherever You Are.”

- Advertisement (970x250 Desktop) -