Breaking

ABS-CBN Wins Gold Award for Corporate Governance, Cited for Good Management

The Kapamilya network continues to be one of the best-managed companies in the country.

ABS-CBN Corporation, the country’s largest multimedia conglomerate, was honored with a gold award by the Institute of Corporate Directors (ICD) in recognition of its exemplary corporate governance, proving that the Kapamilya network continues to be one of the best-managed companies in the country.

The Kapamilya multimedia firm earned a high score of 95% in ICD’s Corporate Governance Scorecard, an improvement from its score of 93% last year, when it was also awarded for corporate governance.

Along with other corporations from different sectors, ABS-CBN was graded based on the rights of shareholders, equitable treatment of shareholders, role of stakeholders, disclosure and transparency, and board responsibilities in the country.

The award was handed out during the ICD 8th Annual Dinner held Wednesday (May 25) at The Manila Peninsula. ABS-CBN chief finance officer Ron Valdueza and corporate communications head Bong Osorio received the award.

ICD is a premier organization in the Philippines which focuses on professionalizing corporate governance standards and practices in the country.

(Photo Caption: ABS-CBN corporate communications head Bong Osorio and ABS-CBN chief finance officer Ron Valdueza receive the award from the Institute of Corporate Directors)

50 Comments on ABS-CBN Wins Gold Award for Corporate Governance, Cited for Good Management

  1. Anonymous // May 27, 2011 at 3:34 pm //

    nakakatawa talaga ang kapamilya.. nagdiriwang kaagad.. nun pala mas mataas pa ang GMA… o di pahiya kayo… yan kasi ang MAYAYABANG… kung baga sa grade no. 1 ang GMA no. 2 lang ang ABS … PAHIYA KAPAMILYA>>> ha! ha! ha!

  2. Anonymous // May 27, 2011 at 3:32 pm //

    mga ungas na kapuso at kapamilya! parehas lang silang me award nag-aaway pa.
    me tinamaang lintik na ayaw patalo ang isa’t-isa eh!
    mga ungas!

  3. Anonymous // May 27, 2011 at 3:29 pm //

    PAHIYA ANG KAPAMILYA.. nagdiriwang at tuwang tuwa NUN PALA MAS MATAAS PA ANG RANKING NG GMA>>>>> BEEEEEEEEEEEEEEEEEEEEEEE!!!!!PAHIYA KAYO NO!!!!!!!!Bwaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa!!!!

  4. The Kapamilya multimedia firm earned a high score of 95% in ICD’s Corporate Governance Scorecard, an improvement from its score of 93% last year, when it was also awarded for corporate governance.
    while
    ICD is a non-profit organization working in close partnership with government and civil society organizations to promote the practice of good corporate governance.
    In a statement Thursday, GMA Network said it got the gold award after it garnered 96.8 percent in the ICD’s 2010 Corporate Governance Scoreboard.
    so which is which?1.,

  5. hahhaha……ang bitter talaga ng kapamilyucks……mas mataas ang ranking ng gma kaysa sa abscbn..mga baliw….BTW, baka sabihin niyo na naman na groceries or 500 pesos or sardinas lang ang katapat ng awards na ito…hahha ganyan kayo kabitter….

  6. Nkakasuka ang maging ABS-CBN // May 27, 2011 at 1:18 pm //

    Congrats s GMA Network ksi nkakuha cla ng 96.8%, mas mataas kesa s abs n 95% lng. At ung mga ngsasabi ng gus2 ng GMA maging abs- MANGARAP KAU NG GISING. UULITIN NMING MGA KAPUSO, NAKAKASUKA MAGING ABS-CBN. BKA KAU GUS2 NYO NG MGA INT’L AWARDS NG GMA KSI MAS MARAMI KAU NABIBILANG LNG S KAMAY.

  7. achieve n achieve dw, haha, ngsalita kc agad ang mga kapams yan 2loy mas mtaas pla s gma..haha

  8. and yet, pareho lang sila meron GOLD award! hahahahaha para ka lang tanga!

  9. like it! lets keep r fingers cross para sa abs-cbn ibigay ng freemantle ang ‘idol’ franchise! yey!!

  10. 95% lang abs cbn mas mataas ang grade ng gma ahahaha // May 27, 2011 at 10:38 am //

    mas pinagkakatiwalaan ang gma kesa abscbn

  11. Anonymous // May 27, 2011 at 10:27 am //

    i read from somewhere na invited pala si mam charo and ms cory vidanes nang FREMANTLE to observe the american idol 10. does this mean na ibibigay nang FREMANTLE ang rights sa ABS-CBN dahil NATANSO ang fremantle sa PINOY IDOL? kasi naman MAPAGPANGGAP na station! bwahahahaha!

  12. Anonymous // May 27, 2011 at 10:20 am //

    to 83 kaw na panalo he he he ok

  13. hoi mga kangungu nilangaw article nyo // May 27, 2011 at 10:17 am //

    dun kayo sa gma kasi pang abs lng to hahaha bitter mga kasusu dun kayo sa article nyo para namn mgkalaman ang article nyo

  14. KAPAMILYA #1 // May 27, 2011 at 10:03 am //

    CONGRATS kapamilya station, kayo ang TUNAY NA NUMBER 1!

  15. syempre ang mas effective yong mas mataas ang NET! supalpal teh?

  16. asshole moderator // May 27, 2011 at 9:51 am //

    the moderator sucks!

  17. ako dapat ang nauna dito
    bweset yun moderator binura yun comment
    hoy! baklitang moderator!
    leche ka!

  18. Nosaj... // May 27, 2011 at 9:02 am //

    hello poh… ABS-CBN got an average of 95%, on the other hand GMA got an average of 96.3% . . . So? Sino ngayon ang mas magaling sa management? Haller…

  19. o gma sasabihin nyu na namang binayaran // May 27, 2011 at 8:42 am //

    basta lang may masabi.. wa epek..

  20. Anonymous // May 27, 2011 at 8:17 am //

    wow!!buti pa ang abs 😛

  21. the best talaga among the rest // May 27, 2011 at 8:14 am //

    GOGOGOGO LANG ABS-CBN….

  22. blackviper // May 27, 2011 at 8:09 am //

    mga kangungo oh, magpaka bitter na naman kayo….

  23. Kapamilya bida ka!!!!! // May 27, 2011 at 8:01 am //

    achieve na achieve,!

  24. Anonymous // May 27, 2011 at 7:45 am //

    galing talaga ng kapamilya weee

  25. AERO 0311 // May 27, 2011 at 7:41 am //

    THE BEST BASTA KAPAMILYA!!!

  26. Sarap maging world-class at multi-awarded na KAPAMILYA!!

  27. Congrats ABS-CBN!!!

    Alam ko na ibabanat ng mga bitter:

    1) Binayaran ito ng ABS
    2) Panong well managed eh baon sa utang
    3) Di ba may labor problems sa ABS?

    Sa mga bitter, ito lang masasabi naming mga kapamilya. GET A LIFE!

  28. Anonymous // May 27, 2011 at 6:52 am //

    kudos!!!nsan ang GMA-7?

  29. congratz kapamilya

  30. ang sarap maging kapamilya 🙂

  31. ChiFan2 // May 27, 2011 at 5:33 am //

    Congrats ABS-CBN! Keep up the good work! Its awesome to be a shareholder of one of the best managed companies in Pinas!

  32. abs-cbn no.1! // May 27, 2011 at 3:37 am //

    no.1 talaga ang ABS-CBN!

  33. TFC-KUWAIT // May 27, 2011 at 3:08 am //

    ano ba yan nakakasawa na lagi na lang ABS CBN..

    ABS CBN MOST AWARDED IN LOCAL AND INTERNATIONAL..

    ABS CBN LARGEST NETWORK IN THE PHIL..

    ABS CBN UNDISPUTED LEADER NATIONWIDE..

    ABS CBN MAS PINAGKAKATIWALAAN NG MAS NAKARARAMING PILIPINO..

    ano na lang ang meron ang GMA KAPUSO?

    ay meron pala..

    GMA MOST FLOP NETWORK..

    GMA MANGGAGAYA NETWORK…

    GMA PURO BASURA SHOWS NETWORK..

    GMA UNDISPUTED LEADER SA PAYATAS AT KAMUNING..

  34. Congratulations !!!

  35. spongebob // May 27, 2011 at 2:26 am //

    ano award ng kamuning?

  36. dbestkapamilya // May 27, 2011 at 2:10 am //

    D BEST TALAGA ANG KAPAMILYA…. GO KAPAMILYA…..GO GO GO GOLD…..

  37. PANIG SA KATOTOHANAN // May 27, 2011 at 2:09 am //

    yan

    ang KAPAMILYA

    NETWORK.

    “ICD is a PREMIER organization in the Philippines which focuses on professionalizing corporate governance standards and practices in the country.”

    that says all.. mga bitter and solid anti-abscbn..

    comment n kyo..

    for sure walang kwenta na naman ang koment ng iba dito..palibhasa walang alam about professionalizing corporate governance standards and practices in the country.

    CONGRATULATIONS….

  38. mga kapuso attack na!

  39. best mamaged din naman kami ah.. for taking care of our net income…
    for distribution of grocery items..for rating manipulation as agbgma.. 🙂

  40. Anonymous // May 27, 2011 at 1:03 am //

    congrats kapamilya!

  41. MUHABOY // May 27, 2011 at 1:02 am //

    Nice One ABS-CBN . . . I think GMA wins gold also. . . But ABS-CBN alongside FPHC, EDC and LOPEZ Holdings wins Gold. 4 Golds from The Lopez Group of Companies. . . First Gen Corp wins Silver. . . A total of 5 companies under LOPEZ group was awarded by Institute of Corporate Directors. . .

  42. kangusoboba // May 27, 2011 at 12:18 am //

    see…ABS-CBN Rules as one of best company in Phil..Cited by IDC…

  43. Manay P. // May 27, 2011 at 12:00 am //

    Panis ang mga Kangungo..!
    asan na ba ang mga AWARDS ng KANGUNGO STATION..? Mam Welma Kinakapos na ng Supply ng Sardinas at Noodles..! Bwahahahaahaha…. Yuck…!

  44. KAPAMILYA RULES // May 26, 2011 at 11:50 pm //

    CEBUANO CAME HERE FIRST

  45. nine tailed fox // May 26, 2011 at 11:49 pm //

    congrats!!!ABS RULES!!!

  46. Anonymous // May 26, 2011 at 11:45 pm //

    Yan ang totoong number1 san ka pa GMA

  47. gma din po. wag maging biased admin…

  48. GMA Network receives gold for excellence in corporate governance // May 26, 2011 at 11:06 pm //

    22o yan at mas mataas pa ang score nila vs abs-cbn. Me score ang GMA Network ng 96.8%.

  49. Anonymous // May 26, 2011 at 11:05 pm //

    Talo ang ABS-CBN d2 tignan ninyo ang scores:

    ABS-CBN- 95%
    GMA Network- 96.8%

    cge comment kau ng nega ha.

  50. GMA Network receives gold for excellence in corporate governance // May 26, 2011 at 11:02 pm //

    GMA Network Inc. has bagged the gold award in the Institute of Corporate Directors’ (ICD) Corporate Governance Scoreboard.

    ICD is a non-profit organization working in close partnership with government and civil society organizations to promote the practice of good corporate governance.

    In a statement Thursday, GMA Network said it got the gold award after it garnered 96.8 percent in the ICD’s 2010 Corporate Governance Scoreboard.

    Adherence to standards

    “The award is a testament of GMA Network’s strict adherence to the standards of corporate governance… The recognition strengthens our belief that [daily] operations should be bound by virtues of integrity and transparency,” said Ari Chio, GMA Network’s vice president for investor relations.

    The award — the second for the broadcast giant — was given at the ICD’s 8th Annual Dinner held recently at the Rigodon Ballroom of the Peninsula Hotel Manila. The network got the silver award last year.

    “The company [GMA Network] managed to enhance its compliance with the provisions of good corporate governance as it made the cut to the gold award this year,” according to the GMA Network’s statement.

    The network was one of 16 gold awardees that garnered an average of 95 percent and higher in five categories, including practices related to the rights of shareholders, equitable treatment of shareholders, role of stakeholders, disclosure and transparency, and board responsibility.

    The corporate governance scorecard project — now in its sixth year — was administered by ICD’s partners like the Securities and Exchange Commission, the Philippine Stock Exchange, the Institute of Internal Auditors of the Philippines, the Ateneo Law School, and the Center for International Private Enterprise.

1 2 3

Leave a comment

Your email address will not be published.