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GMA-7 Wins Gold Award in the Institute of Corporate Directors’ (ICD) Corporate Governance Scoreboard

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

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.

31 Comments on GMA-7 Wins Gold Award in the Institute of Corporate Directors’ (ICD) Corporate Governance Scoreboard

  1. censya na sa mga kapamilyucks ha wg muna kc kaung ngsasaya ng maaga para hindi msydong msakit pg nlman ung 22o at tsaka wla kaung msasabi sa GMA kc may ibidensya sla pg nglalabas ng mga ratings na mtataas kaysa sa ratings ng mga palabas nyung BADUY!!!!!!!!!!!!!!!

    KAPUSO NO. 1

  2. GANUN MAS LAMANG ANG GMA? WELL TOTOO NAMAN UNLIKE YUNG KABILANG ISTASYON NA PURO KABAKLAAN ANG ALAM // May 29, 2011 at 11:30 am //

    DABA?

  3. Anonymous // May 28, 2011 at 10:51 pm //

    @76 – bat kilala mo si Mam Beverly? diba dati na siang AVP? nag work ka din ba dun or still working? pakilala ka naman kasi dun din ako eh…anyway…hindi lahat sa abscbn ay solid kc namimili din ako ng mga shows na panunuurin..ayaw ko kasi ng mga maka dios na serye pero mali naman ang application..diba santino at xyril? suggest ko lang sa mga writers ng dos…mag research kau ha lalo na sa mga writers ng 100 days…blasphemy yan….sriously speaking

  4. Anonymous // May 28, 2011 at 10:47 pm //

    @77 – Excuse baka ikaw ang bading, kahit anong pangit ng girl compare sa no.77 na feeling maganda ay lamang pa rin kami na girl noh, and the worst is..babae na ko maganda pa…tanong mo kay AVP Beverly Fernandez na assistant ni Charo Santos ng abscbn entertainment…bwahahahaha…oh ano? diba ikaw ang bitter?

  5. siguro brineyk ka nang boyfriend mo, BAKLANG LOSER! bwahahahaha!

  6. Anonymous // May 28, 2011 at 7:05 pm //

    “Tiangco and Sonza used to host ABS-CBN’s Sunday television show “Mel & Jay.” ABS-CBN accused Tiangco, who appeared in a detergent commercial, of violating a circular that prohibits talents in its radio and news and public affairs departments from appearing in commercial advertisements without the network’s prior written approval.”

    gunggong talaga itong ABSCBN na to eh…dati galaiti sila dahil kusang get ng mga ads agency ang mga talents nila pero ngayon sila mismo…na parang mga bading…ang nanggagapang sa mga ads agency para lang masabi na popular sila kya get ang mga artista nila sa mga commercial ads…pathetic…kung alam lang ng mga kapamilyang tanga kung ano ang nangyayari sa loob ng stasyon nga mga kabadingan…ay grabeeeee!!!kayo ang eeeewwwww..diba papa piolo at sam?

  7. face to face!(clap clap clap)
    face to face!(clap clap clap)
    go! big deal sa inyu ang ratings ng mga networks.. tanong, big deal din ba sa kanila ang mga awayan ditu ng mga supporters nila? hahaha

  8. Here is the list of Top 10 Most Admired Companies in the Philippines this year:
    1. Ayala Land Inc.
    2. Jollibee Foods Corp.
    3. Ayala Corp.
    4. Globe Telecom
    5. San Miguel Corp.
    6. Bank of the Philippine Islands
    7. ABS-CBN Broadcasting Corp.
    8. Philippine Long Distance Telephone Co.
    9. SM Prime Holdings
    10. Banco de Oro Unibank.

    In the Innovation Award Category, recipients are as follows:
    1. Jollibee Foods
    2. Globe Telecom
    3. ABS-CBN Broadcasting Corp. (Internet TV services on TFC Now)
    4. Banco De Oro Universal
    5. Ayala Land
    6. Ayala Corporation
    7. PLDT
    8. Universal Robina
    9. Bank of the Phil. Island
    10. SM Prime Holdings

    may nakita kb GME……?

  9. The Wall Street Journal Asia, the leading Asian business paper, in its April 26 to 27 issue reported that ABS-CBN is the seventh most admired company in the Philippines.

  10. deL Says:
    May 28th, 2011 at 11:51 am
    [-]
    Mga Kanguso!!! tumigil kayo…walang kwenta mga shows nyo…wala ka man lang makuhang aral

    —>> anong aral ang nakuha mo sa panonood ng favorite shows mo?

  11. ay yay yay! basura ang abs-cbn? baka yang mukha mo basura! ewwww!
    uo won pero wala ng hihigit pa sa kapamilya! kuha mo!

  12. Mga Kanguso!!! tumigil kayo…walang kwenta mga shows nyo…wala ka man lang makuhang aral…puro kapangitan…mga artista nu walang kwenta umarte…talo pa ng batang Ana Manalastas!!! kahit kilan talaga…walang-wala kayo sa Kapamilya…lahat ng shows at movies maganda…kayo flop! kaya nga hindi tumatagal mga shows nu dahil walang kwenta, parang hindi man lang pinag-isipan…basta may magawa lang ok na…without thinking kung maganda ba o pangit…mga mukhang pera pa…laban kayo mga kanguso!!!

  13. magaling pa rin ang kapamilya…d best pa rin kami

  14. kapamilya…,tama na ang pagkaingit nyo,,,nagpapahalata na naman kayo sa panlalait nyo,,,sa kakaingit,,,hayyyy naku dapat hindi na lang kayo kapamilya…kaburak,,..,mga putik ang pag uugali nyo…,ANG MGA KAPUSO…,mga simple lang…,SAY ng mga kapuso..MAMATAY KAYO SA INGGIIIIITTTTTT…

  15. SA KAYABANGAN NG MGA KAPALMUKS (KAPAMILYA) SUPPORTER MINAMALAS NA SILA DAHIL CERTIFIED NA NO. 1 GMA (KAPUSO) NETWORK…TUTOONG NAUNA ANG PINOY TV SA INTERNATIONAL … PERO SA NGAYON NANGUNGUNA NA ANG PINOY TV NG MILYA MILYA… SA TUTOO LANG MAS BALANCE PROGRAMMING ANG GMA …MABUHAY KA KAPUSO…AND CONGRATULATIONS..

  16. Bintang ng kapamilya n HINDI TOTOO // May 28, 2011 at 1:01 am //

    SC dismisses ABS-CBN case vs hosts, GMA 7
    (The Philippine Star) Updated March 09, 2011 12:00 AM Comments (0) View comments

    MANILA, Philippines – The Supreme Court has recently denied an appeal by ABS-CBN to overturn a Court of Appeals ruling that upheld the validity of the move by Mel Tiangco and Jay Sonza to rescind their contracts with ABS-CBN, according to a statement released by GMA 7.

    The SC also said there was no evidence that GMA 7 enticed Tiangco and Sonza to break away from ABS-CBN because by the time the two transferred to GMA 7, they had already rescinded their agreements with their former network.

    Tiangco and Sonza used to host ABS-CBN’s Sunday television show “Mel & Jay.” ABS-CBN accused Tiangco, who appeared in a detergent commercial, of violating a circular that prohibits talents in its radio and news and public affairs departments from appearing in commercial advertisements without the network’s prior written approval.

    Tiangco was suspended without pay from her post as co-anchor of TV Patrol and the Mel & Jay radio program for three months, but not from her Sunday show. Sonza resigned from the television show, while Tiangco went on indefinite leave.

    ABS-CBN sued the two hosts for specific performance, injunction and damages before the regional trial court in Quezon City in 1996 to compel them to perform their 1994 agreements and not to appear in any other television or radio station until 1997.

    The Quezon City court decided on June 26, 1998 that Tiangco and Sonza had a valid cause to rescind their agreement with ABS-CBN, and that GMA had no part in the move.

    ABS-CBN appealed to the CA, which affirmed the lower court’s decision. In its Aug. 6, 2003 decision, the CA held that there is no evidence that proves Tiangco violated the prohibition when she appeared in the detergent commercial.

    The CA also said ABS-CBN’s move to suspend Tiangco was without sufficient basis in law and constitutes a “substantial and grievous” breach of their contract, justifying Tiangco’s unilateral action in dissolving the agreement.

    ABS-CBN had protested that Sonza may not base his rescission on that of Tiangco, but the CA considered the fact that Sonza is redundant without Tiangco in the show.

  17. @ 61-64 // May 28, 2011 at 12:47 am //

    kau bitter d2 eh. anu npahiya kau no? Alam ninyo ang mga pumili jan ay mga CORPORATE DIRECTORS o mga magaling s financing. At nkita nman ntin n MAS MATAAS ang nakuha ng GMA. Manahimik kau at isa p, asan ung mga kapamilya d2 n npahiya ng husto? Mgbibintang n nman kau ng kung anu-ano. Tanggapin nyo n lng ksi n MAS MAGALING ANG GMA EH. Tignan ninyo, s kabibintang nyo eh NPATUNAYAN LNG NMAN B?

  18. sardines // May 28, 2011 at 12:10 am //

    sa tingin ko isang katerbang noodles at sardinas lang namn binayad nila hahhaha!

  19. magkano kya ung binayad ng kapuso sa award n ntnggap nila? s tingin nyo mgkano kya?

  20. mga bitter nga ang taga gm-eeeeewwwwww

  21. enimreverof // May 27, 2011 at 10:10 pm //

    ang GMeeeeewwwww ang basura dahil lahat ng movies nyu flop at mga shows nyu na walang ka kwenta kwenta!!!ang importante naka GOLD din ang ABS CBN where all the brightest stars comes from the brightest network!!!mga bayarang baklita na walang kakayahan manood ng sine kaya puro flop ang pelikula nyu na mukang indie film lng!!!pati pag digitize ng TV pinipigilan nyu kasi wala kayo capital para gawin to!!!unlike abs cbn na matagal ng pinagplanuhan at pinagaralan ang digitize tv dahil ang ABS CBN lagi nagiisip ng ikagaganda ng philippine TV eh ang GMEEEEEWWWW kung ano sila noon ganun parin ngaun walang binigay na magandang pagbabago sa philippine tv ah meron pala kundi ang mang GAYA!!!!nakakasuka ang gmewwwwwwwwwwwwww!!!!yun na!!!

  22. Ang Basurang Stasyon = ABS // May 27, 2011 at 9:44 pm //

    Ang Basurang Stasyon = ABS
    Certified Basura Network = CBN
    Ang Nag-iisang Basuraaaa!!

  23. Sawsawera // May 27, 2011 at 9:40 pm //

    Congratulations sa dalawang tv network…

  24. HAHAHAHA, ANU ANG DIFFERENCE…

    CHEAP NAMAN TALAGA ANG KANGUSO STATION NYO?

  25. mga isip bata pala ang mga tao dito ang magreact sapol kanguso!!! masyadong mayayabang!!! OA kung makapagcomment sa bloog.. baka maheart attack kau mga kapuso…

  26. Anonymous // May 27, 2011 at 8:44 pm //

    HIYANG HIYA ang kapamilya sa KAYABANGAN nila — KARMA!!!!

  27. GMA 7 is the only Philippine network who won in NEW YORK FESTIVAL… No. GMA 7….
    Congrats kapuso!…

  28. Anonymous // May 27, 2011 at 7:56 pm //

    LESSON—wag magmayabang kaagad, alamin muna lahat bago ka mamintas at manira!!!

    GMA REALLY THE BEST!!!!

  29. Anonymous // May 27, 2011 at 7:54 pm //

    PAHIYA ang kapamilya kaya hindi na sila makapagcomment dito at manira dahil MALING MALI ang kanilang mga sinabi….nauna kasi ang KAYABANGAN….

  30. Anonymous // May 27, 2011 at 7:51 pm //

    hindi makapagcomment dito ang kapamilya dahil napahiya sila!!!

  31. Anonymous // May 27, 2011 at 7:46 pm //

    nauna ang KAYABANGAN ng kapamilya… hayan lumabas ang resulta— GMA ang may mataas na nakuha kesa sa abs……..GMA rocks!!!!!

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