THE Philippine Stock Exchange (PSE) said it will hold the 4th PSE Bell Awards on November 25 at the Makati Shangri-La Hotel to recognize the good governance among listed companies and trading participants.
“The PSE recognizes the crucial role good governance plays in ensuring sound corporate practices and safeguarding investor confidence. We hope that through the Bell Awards, we continue to encourage all our listed companies and trading participants to excel in corporate governance,” PSE president and chief executive officer Hans B. Sicat said.
Since 2012, the PSE has been evaluating listed companies based on their compliance with the Exchange’s corporate governance guidelines and compliance with relevant rules and regulations.
It has also been assessing trading participants based on their performance in regulatory audits and compliance with market regulations and trading rules.
Last year, listed companies that received the Bell Awards were Aboitiz Power Corp., Ayala Land Inc., Cebu Holdings Inc., China Banking Corp., and Manila Water Co. Inc.
Awardees in the large trading participants category include Deutsche Regis Partners Inc., First Metro Securities Brokerage Corp., and Maybank ATR Kim Eng Securities Inc., while the recipients of the Bell Awards in the small trading participants division were I. B. Gimenez Securities Inc., JSG Securities Inc., and R. S. Lim & Co. Inc.