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SECTION 2 of Republic Act 8799, or the 'Philippines' Securities Regulation Code,' declares that the State shall establish a socially conscious, free market that regulates itself, encourage the widest participation of ownership in enterprises, enhance democratization of wealth, promote the development of the capital market, protect investors, ensure full and fair disclosure about securities, minimize if not totally eliminate insider trading and other fraudulent or manipulative devices and practices which create distortions in the free market.

ASEAN CORPORATE GOVERNANCE SCORECARD SELF-ASSESSMENT PART E: RESPONSIBILITIES OF THE BOARD ...

THE outstanding capital stock of a corporation shall constitute a trust fund held by the corporation for the benefit of its creditors. It shall not be returned to the stockholders by repurchase of shares, except in the manner as provided for under the Revised Corporation Code, and the rules prescribed by the Securities and Exchange Commission (SEC).

JUST what is an independent director? Normally, this would mean a member of the board of directors of a company who brings a unique, unbiased perspective. The term is commonly used to denote a director who is not an employee of the firm or organization where they serve as a…

Senate.gov.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from senate.gov.ph Daily Mail and Mail on Sunday newspapers.