^
+ Follow CORPORATE GOVERNANCE CODE Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 373414
                    [Title] => PSE opposes SEC rule on independent directorships
                    [Summary] => 



The Philippine Stock Exchange (PSE) is opposing a recent decision by the Securities and Exchange Commission (SEC), disqualifying a stock broker from sitting as an independent director of a listed corporation.


"Totally banning stock brokers as independent directors seems to be unfair," said PSE president Francis Lim.

"As long as brokers are not disqualified under the provision on independent directors under the Corporate Governance Code then they should be allowed to sit as independent directors," he added.
[DatePublished] => 2006-12-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 284868 [Title] => Measuring sound corporate governance [Summary] => We need to be a bit more impatient. After all, we do not want to stay as the second most corrupt country in Asia; and, let us be clear, that we do not want to be the number one on that list.

In corporate governance, we have been talking about reforms for several years now and, yet, the general impression is that we really have not moved much to change our corporate governance practices to make a significant difference.
[DatePublished] => 2005-07-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1389769 [AuthorName] => Jesus P. Estanislao [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [2] => Array ( [ArticleID] => 199642 [Title] => Non-brokers’ shortlist sparks row at PSE [Summary] => The five-member Nominations and Elections Committee (Nomelec) of the Philippine Stock Exchange (PSE) has shortlisted the candidates for the non-broker seats in the 15-man board of directors, in the process sparking anew the rift between the two factions within the brokers’ circle.
[DatePublished] => 2003-03-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 142479 [Title] => Leung voted new PSE president [Summary] => The board of directors of the Philippine Stock Exchange (PSE) unanimously elected yesterday former Finance Secretary Ernest Leung as president, ending about two months of searching for a replacement after Ramon T. Garcia vacated the post last October.

PSE corporate secretary Edgardo Guevara said the 13 directors in attendance during yesterday’s special board meeting voted to appoint Leung as the next PSE president to serve the unexpired term of Garcia until March next year.
[DatePublished] => 2001-12-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 141801 [Title] => PSE defers election of new president [Summary] => The Philippine Stock Exchange (PSE) has deferred until Tuesday next week (Dec. 4) the election of a new president as its board of directors said it "needed more time to know the candidates more."

This developed as the PSE board yesterday called off the election despite today’s deadline earlier given by the Securities and Exchange Commission (SEC), which threatened to appoint an acting president should the PSE fail to do so.
[DatePublished] => 2001-11-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CORPORATE GOVERNANCE CODE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 373414
                    [Title] => PSE opposes SEC rule on independent directorships
                    [Summary] => 



The Philippine Stock Exchange (PSE) is opposing a recent decision by the Securities and Exchange Commission (SEC), disqualifying a stock broker from sitting as an independent director of a listed corporation.


"Totally banning stock brokers as independent directors seems to be unfair," said PSE president Francis Lim.

"As long as brokers are not disqualified under the provision on independent directors under the Corporate Governance Code then they should be allowed to sit as independent directors," he added.
[DatePublished] => 2006-12-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 284868 [Title] => Measuring sound corporate governance [Summary] => We need to be a bit more impatient. After all, we do not want to stay as the second most corrupt country in Asia; and, let us be clear, that we do not want to be the number one on that list.

In corporate governance, we have been talking about reforms for several years now and, yet, the general impression is that we really have not moved much to change our corporate governance practices to make a significant difference.
[DatePublished] => 2005-07-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1389769 [AuthorName] => Jesus P. Estanislao [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [2] => Array ( [ArticleID] => 199642 [Title] => Non-brokers’ shortlist sparks row at PSE [Summary] => The five-member Nominations and Elections Committee (Nomelec) of the Philippine Stock Exchange (PSE) has shortlisted the candidates for the non-broker seats in the 15-man board of directors, in the process sparking anew the rift between the two factions within the brokers’ circle.
[DatePublished] => 2003-03-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 142479 [Title] => Leung voted new PSE president [Summary] => The board of directors of the Philippine Stock Exchange (PSE) unanimously elected yesterday former Finance Secretary Ernest Leung as president, ending about two months of searching for a replacement after Ramon T. Garcia vacated the post last October.

PSE corporate secretary Edgardo Guevara said the 13 directors in attendance during yesterday’s special board meeting voted to appoint Leung as the next PSE president to serve the unexpired term of Garcia until March next year.
[DatePublished] => 2001-12-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 141801 [Title] => PSE defers election of new president [Summary] => The Philippine Stock Exchange (PSE) has deferred until Tuesday next week (Dec. 4) the election of a new president as its board of directors said it "needed more time to know the candidates more."

This developed as the PSE board yesterday called off the election despite today’s deadline earlier given by the Securities and Exchange Commission (SEC), which threatened to appoint an acting president should the PSE fail to do so.
[DatePublished] => 2001-11-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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