PN 2021-09
Gender Perspectives in E-livelihood and E-entrepreneurship
PN 2021-08
Promoting a More Innovative and Inclusive Society through ICT Development
Seed Guidebook: Scaling and Expanding for Effective Development the Experiences and Learning from the SEARCA Project ISARD
Microbes for Sustainable Agriculture: Isolation and Identification of Beneficial Soil- and Plant-Associated Microorganisms

PIDS WB 2021-0903
Annual Public Policy Conference Webinar 2: Ethical Business
PIDS WB 2021-0902
Opening Program and Annual Public Policy Conference Webinar 1: Resetting Capitalism
PIDS WB 2021-0901
19th Development Policy Research Month Kick-Off Forum
PIDS WB 2021-0702
Local Governments' PDP and SDG Localization Efforts as Contribution to National Development
Publication Detail
UPSE PRE 2000-37_2-06: Philippine Corporate Governance: Environment and Policy and their Impact on Performance and Finance

The Asian Development Bank initiated a study of Corporate Governance and Finance in Selected developing Member Countries in November 1998. The objectives of the study for the Philippines are to evaluate the history and current state of corporate governance in the Philippines; establish a sound analytic basis for policy and regulatory reform measures to strengthen corporate governance of Philippine companies and recommend reform measures for the Philippine government and the Bank. It analyzes the historical developments of the corporate sector, the legal and regulatory framework for the corporate governance, the ownership and control of publicly listed companies, and corporate performance and financing relative to corporate governance factors. The study addresses weaknesses in corporate governance by introducing reforms in the policy and regulatory framework and by actively promoting the development of both capital market and product-factor markets. The two major areas for reforms can be divided into the two traditional classes of controls of corporate governance-internal control system and external controls and discipline. Internal controls are the corporate governance systems within the company that are mandated by the Corporation Code and enforced within the company. External controls and discipline emanate from actions by customers and investors in the product and capital markets, respectively. The government, acting in the public interest, regulates companies to prevent malpractice and to promote the development of markets.

UP-School of Economics
Authors Keywords
Saldaña, Cesar G.; corporate governance; policy and regulatory environment;
Download PDF Number of Downloads
Published in 2000 and available in the UPSE library or NO PDF AVAILABLE Downloaded 0 times since November 25, 2011
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. Thank you.

To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display)
If Prefer to self-describe, please specify:
Level of Education:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.