Tuesday, November 19, 2013

Globe Telecom bags Platinum Asset Award for Excellence in Management and Corporate Governance

Posted By: Sarah Jean - 6:01 AM

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In testament to the unwavering commitment of Globe Telecom to integrity, transparency and best practices, the company has received a Platinum Award for Excellence in Management and Corporate Governance from The Asset, an integrated multi-media company serving the elite community of leading corporate and financial decision makers in Asia.

The Asset Excellence in Management and Corporate Governance Benchmarking Awards 2013 has gained a reputation with institutional investors for its independent and internationally recognized assessment of Asia’s listed companies in their business and governance performance.

The criteria used to assess the companies include a range of metrics of financial performance, which are also a proxy for gauging management acumen. But since the purpose of the awards is also to recognize the importance of sustainable growth, companies were also evaluated according to the quality of their corporate governance, social responsibility, environmental responsibility and investor relations.

“It is truly an honor for Globe to be consistently recognized both locally and internationally for its management and corporate governance practices.  This recent award is a testament to the unwavering efforts of Globe Board of Directors, management, officers, and employees to commit themselves to the principles and best practices of governance in the attainment of corporate goals while at the same time ensure transparency and social responsibility in company operations,” said Marisalve Ciocson-Co, Globe Head for Legal Services.

Through corporate governance policies, Globe is able to pursue the mandate to protect the interests of the investing public and is accountable for governing and providing direction to the corporation.  Globe firmly believes that good governance together with integrity and transparency are critical aspects to its success. 

Last year, Globe won the first ever Bell Award for Corporate Governance given by the Philippine Stock Exchange (PSE) and also received a similar citation from Hong Kong publishing giant FinanceAsia where the company garnered high marks in the Best Corporate Governance category.

About Sarah Jean

Techism is an online Publication that complies Bizarre, Odd, Strange, Out of box facts about the stuff going around in the world which you may find hard to believe and understand. The Main Purpose of this site is to bring reality with a taste of entertainment

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