CORPORATE GOVERNANCE REFORM PROGRAM

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                    [ArticleID] => 152076
                    [Title] => CMDC wants majority shareholders to have delicadeza
                    [Summary] => The Capital Market Development Council (CMDC) wants stern prohibitions to keep majority shareholders in any company from voting on corporate decisions where there would be a conflict of interest.


According to the CMDC, further amendments to the Corporate Code are necessary to provide effective exclusion of majority shareholders from exercising their power to vote on DOSRI and related-party transactions.


                    [DatePublished] => 2002-02-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 151146
                    [Title] => Creation of group to protect small stockholders proposed
                    [Summary] => The Securities and Exchange Commission (SEC) and the Capital Market Development Council (CMDC) are proposing the creation of an association of minority shareholders to ensure the protection of their rights.


The proposal is contained in the Philippine Corporate Governance Reform Program developed  by CMDP’s task force on corporate governance headed by former Finance Secretary Jesus Estanislao.


                    [DatePublished] => 2002-02-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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CMDC wants majority shareholders to have delicadeza

By Des Ferriols | February 27, 2002 - 12:00am

The Capital Market Development Council (CMDC) wants stern prohibitions to keep majority shareholders in any company from voting on corporate decisions where there would be a conflict of interest. According to the...

Business

Creation of group to protect small stockholders proposed

February 19, 2002 - 12:00am

The Securities and Exchange Commission (SEC) and the Capital Market Development Council (CMDC) are proposing the creation of an association of minority shareholders to ensure the protection of their rights. The...

Business