ASEAN Corporate Governance Scorecard

The ASEAN Corporate Governance Scorecard (ACGS) created by the ASEAN Capital Markets Forum (ACMF) was launched in 2011 as one of the initiatives in preparation for the ASEAN economic integration in 2015.

The ACGS is based on the corporate governance principles of the Organisation for Economic Co-operation and Development (OECD), composed of two levels – Level 1 contains the main Scorecard items and Level 2 contains the bonus and penalty items. Through the standardized evaluation of corporate governance practices and principles the Scorecard provides, the initiative aims to raise the overall corporate governance standards of ASEAN publicly-listed companies, increase their visibility to investors and promote the ASEAN as a wise investment destination.

The ACGS evaluation is assigned by the ACMF to domestic ranking bodies (DRBs) in each ASEAN participating country followed by a peer review conducted by the DRBs for neighbor participating countries in the region. The Top 50 ASEAN publicly-listed companies will be announced in Manila, Philippines in November 2015. It is the hope of the Philippines that the country's publicly-listed companies will be part of this prestigious recognition to further strengthen Philippine capital market presence in the region and show that the economy is composed of well-governed publicly-listed companies.

As a strong advocate of corporate governance, Globe actively joins this global movement through its various initiatives, company policies, and practices that subscribe to international best practices and standards. As such, the Company is also committed to adopting the ACGS.

 

ASEAN Corporate Governance Scorecard 2014-2015
Globe Telecom, Inc. (GLO)
LEVEL 1
A. The Rights of Shareholders Download
B. Equitable Treatment of Shareholders Download
C. Role of Stakeholders Download
D. Disclosure and Transparency Download
E. Responsibilities of the Board Download
LEVEL 2
BONUS Download

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