PSE Bell Awards set on Nov 10

The Philippine Stock Exchange Inc. (PSE) has scheduled the fifth edition of the Bell Awards for Excellence in Corporate Governance on Nov. 10. The event will formally recognize the publicly listed companies ( PLCs) and trading participants ( TPs) that serve as exemplars of good corporate governance.

“As a proponent of corporate governance, the PSE supports listed companies and trading participants that go the extra mile to ensure that they adhere to the highest standards of corporate governance. Carrying out and institutionalizing the principles of corporate governance not only benefits a company and its shareholders but the market as a whole,” PSE chief operating officer Roel Refran said.

The Bell Awards is the primary corporate governance award-giving body for publicly listed companies and trading participants in the country. The PSE launched the Bell Awards in 2012 to give due distinction to PLCs and TPs that have excellent corporate governance programs and practices. The screening process assessed listed companies’ compliance with PSE’s corporate governance guidelines and compliance with relevant rules and regulations while trading participants were evaluated based on their performance in regulatory audits and compliance with market regulations and trading rules.

The PSE Bell Awardees for Listed Companies in 2015 were Aboitiz Equity Ventures Inc., China Banking Corp., Globe Telecom Inc., Philex Mining Corp. and Philippine Long Distance Telephone Co. The recipients of the 2015 Bell Awards in the Trading Participants Category were Credit Suisse Securities (Philippines)Inc., Deutsche Regis Partners Inc., Maybank ATR Kim Eng Securities Inc., Macquarie Capital Securities ( Philippines) Inc. and R.S. Lim & Co. Inc.