Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

ICD fetes SM with highest Golden Arrow recognition for excellence in corporate governance

by
September 30, 2024
in Top News
0
ICD fetes SM with highest Golden Arrow recognition for excellence in corporate governance
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter
From left to right: Atty. Pedro H. Maniego, Jr., Institute of Corporate Directors (ICD) Chairman; Atty. Roel A. Refran, Philippine Stock Exchange (PSE) Executive Vice-President and Chief Operating Officer; Amando M. Tetangco, Jr., SM Investments Corp. Chairman; Emilio B. Aquino, Securities and Exchange Commission (SEC) Chairman; Ida Ceniza-Tiongson, and Ma. Victoria C. Españo, ICD Vice-Chairperson and ICD Treasurer, respectively

SM Investments Corp. was awarded the prestigious 5 Golden Arrow Award by the Institute of Corporate Directors (ICD), the highest recognition given during the ASEAN Corporate Governance Scorecard (ACGS) 2024 Golden Arrow Awards.

Only five companies received the 5 Golden Arrow Award, four of which were SM companies. Aside from SM Investments, also cited were BDO Unibank, Inc. (BDO), China Banking Corp. (China Bank), and SM Prime Holdings, Inc. (SM Prime).

“This recognition reflects the commitment and hard work of our entire organization,” said SM Investments Chairman Amando M. Tetangco, Jr. “From the board, management, our leaders and teammates — everyone consistently works to ensure we continue to adopt and uphold the highest standards in good corporate governance.”

SM Investments practices the highest standards of good corporate governance in all its dealings with investors, business partners, creditors, customers, employees and all other stakeholders. SM Investments believes that good corporate governance will provide the long-term growth and sustainability for the company.

“We recognize the rising global attention on corporate governance and sustainability as part of companies’ business strategies. Beyond compliance, SM’s operations are anchored on fairness, integrity, accountability, transparency and stakeholder engagement,” SM Investments Executive Vice-President and Chief Risk and Compliance Officer Elizabeth Anne “Lizanne” C. Uychaco said.

According to the ICD, the ACGS measures the performance of the companies in the areas of facilitating the rights and the equitable treatment of shareholders, how they relate to their different stakeholders, ensuring transparency and accountability through timely disclosure of material information, and how the Board guides the company strategically, monitors the management, and ensures the Board’s accountability to the company and the shareholders. The assessment is based on publicly available disclosures on the companies’ websites.

Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by publishing their stories on the BusinessWorld Web site. For more information, send an email to online@bworldonline.com.

Join us on Viber at https://bit.ly/3hv6bLA to get more updates and subscribe to BusinessWorld’s titles and get exclusive content through www.bworld-x.com.

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
“British Cannabis Regulation: A Comprehensive Plan from the Largest Study on Record”

“British Cannabis Regulation: A Comprehensive Plan from the Largest Study on Record”

Recommended

Sangley airport dev’t still uncertain

Sangley airport dev’t still uncertain

October 21, 2024
MPTC acquires gov’t stake in NLEX, boosts ownership to 73.39%

MPTC acquires gov’t stake in NLEX, boosts ownership to 73.39%

August 5, 2024
Why a Strong Educational Foundation Can Lead to Career Success

Why a Strong Educational Foundation Can Lead to Career Success

December 10, 2024

Katie Price’s TikTok earnings halted as she misses bankruptcy hearing

August 19, 2024
Harvard, MIT graduates with Filipino  roots pioneer blockchain platform

Harvard, MIT graduates with Filipino roots pioneer blockchain platform

September 22, 2024
Navigating Earnings: Three Stocks, Three Different Stories

Navigating Earnings: Three Stocks, Three Different Stories

May 13, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Terms & Conditions
    • Thank you

    Copyright © 2024 investdailypro.com | All Rights Reserved