THE Philippine Stock Exchange (PSE) will hold the 2013 PSE Bell Awards Ceremony on Nov. 19 at the Makati Shangri-la Hotel in Makati City.
The Bell Awards is a recognition given to publicly listed companies (PLCs) and trading participants (TPs) that adhere to high standards of corporate governance. The PLCs are evaluated on how well they adopt and incorporate the PSE’s Corporate Governance Guidelines for Listed Companies as well as their compliance to listing and disclosure rules while the TPs are assessed based on their performance in regulatory audits, compliance to Market Regulations and Trading Rules.
“Corporate governance is integral to what we do here at the PSE. By formally recognizing listed companies and trading participants through the Bell Awards, we would like to emphasize the need to uphold good governance practices and to show that the Exchange is a co-advocate of corporate governance together with the government and the private sector,” said PSE president and CEO Hans B. Sicat.
The first Bell Awards was launched last year during the 20th Anniversary Celebration of the PSE. PLCs that received the 2012 PSE Bell Awards were Ayala Land Inc., China Banking Corp., Globe Telecoms Inc., Manila Water Company Inc., and SM Prime Holdings. (PR)