Catching the Burgeoning Wave of Corporate Responsibility for Manila Bay

PUBLICATION DATE:

Friday, July 01, 2011

PUBLICATION TYPE:

Case Studies

STATUS:

Available

DESCRIPTION:

This case study shows that CSR initiatives of the Philippine Corporate Industry are showing signs of life, compared to the preceding decade, and can be incorporated readily into public sector initiatives for the community. The Corporate Governance Watch 2010: Corporate Governance in Asia by the Asian Corporate Governance Association (2010), scores the performance of companies in seven areas: discipline, transparency, independence, accountability, responsibility, fairness, and social responsibility. The study placed the Philippines at the bottom of its list of 11 Asian countries while none of the Asian countries ranked reached the International Best-Practice score of 80 percent.