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The SEC was established on October 26, 1936, by virtue of Commonwealth Act No. 83, or the Securities Act, in order to safeguard public interest in view of the local stock market boom at the time. It was created just two years after the United States Congress created the United States Securities and Exchange Commission .
Under the GOCC Governance Act (Republic Act No. 10149), GOCCs are overseen by the Governance Commission for Government-Owned or Controlled Corporations (GCG). [3] The Governance Commission is the "government's central advisory and oversight body over the public corporate sector" according to the Official Gazette of the Philippine government. [4]
Articles of association are critical documents to corporate operations, as they may regulate both internal and external affairs. [1] Articles of incorporation, also referred to as the certificate of incorporation or the corporate charter, is a document or charter that establishes the existence of a corporation in the United States and Canada.
Road Speed Limiter Act of 2016 2016-07-21: 10917: Amending RA 9547 amendments to the Special Program for Employment of Students Actor RA 7323 2016-07-21: 10918: Philippine Pharmacy Act: Repealing the Pharmacy Act or RA 5921 2016-07-21: 10919: University of Science and Technology of Southern Philippines (USTSP) Act 2016-07-21: 10920
An acting judge serving in a temporary or acting capacity is said to be without a sala. [1] Some RTC branches have only a single sala. [17] Also cf. judges-at-large. SC N/A: English Supreme Court of the Philippines: SCC [14] See sharīʿah § Etymology: Arabic Sharia Circuit Court: SDC [14] See sharīʿah § Etymology: Arabic Sharia District ...
Corporate transparency describes the extent to which a corporation's actions are observable by outsiders. This is a consequence of regulation, local norms, and the set of information, privacy, and business policies concerning corporate decision-making and operations openness to employees, stakeholders , shareholders and the general public.
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The latter include the structural definition from the Cadbury Report, which identifies corporate governance as "the system by which companies are directed and controlled" (Cadbury 1992, p. 15); and the relational-structural view adopted by the Organisation for Economic Cooperation and Development of "Corporate governance involves a set of ...