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Women in the workplace:  Breaking barriers for good

We often speak about the barriers to women achieving their full potential and reaching the top management levels in an organization by referring to a “glass ceiling” they’re unable to break through.…

ENVIRONMENT

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Discovering a path to the future

SOCIAL

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Shared prosperity and CEO pay ratios   

Laws in the United States, the United Kingdom and India require the disclosure of CEO-to-employee pay ratios (or CEO pay ratios) among companies to promote transparency and address concerns about income inequality.…

Still long way to go: Gender diversification in corporate PH

Four years ago, women comprised only over a third of the executive leadership teams across the 286 companies listed on the local bourse, as these firms struggled to make commitments amid a…

SM’s embrace of diversity, equity and inclusion

Embracing individual strengths, creating safe workspaces, and advocating a culture of belongingness among its employees is practiced at every level across SM companies. Embodying the values of diversity, equity and inclusion (DEI)…

GOVERNANCE

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BIZ BUZZ: Ayala gets more arrows

Ayala Group has just struck gold with a Five Golden Arrow win for good corporate governance. The conglomerate received its first five-arrow distinction, a prestigious honor given to publicly listed firms in…

Security of tenure for independent directors under study

Granting security of tenure to independent directors of publicly listed companies will promote good governance while ensuring that Philippine corporations take advantage of “available talent” in the market. Securities and Exchange Commission…

SEC stands pat on 20% public float requirement

The Securities and Exchange Commission (SEC) is “firm” in implementing the 20-percent minimum public float requirement for companies wishing to list on the local bourse, although certain exemptions are allowed. In a…

BIZ BUZZ: PNB ‘presidentiables’ 

After headhunting far and wide, it’s possible that the next president of Philippine National Bank won’t be a stranger to the current hierarchy. One advantage of going for an internal promotion is…

Biz Buzz: SM gets 5 arrows—times four

We’ve just talked about how five arrows was the highest achievement in the Asean Corporate Governance Scorecard (ACGS), and it should not come as a surprise that the country’s largest conglomerate took…

SEC issues rules for retirement savings administrators

The Securities and Exchange Commission (SEC) has introduced new guidelines for companies that want to offer retirement savings programs for Filipinos, to promote long-term investments while protecting customers from potential fraud. Under…

SEC calls for greater ownership transparency across Southeast Asia

The Securities and Exchange Commission (SEC) is pushing for more transparency reforms in the country and across Southeast Asia, particularly through disclosures of beneficial ownership data, to promote “financial integrity” and combat…