What is the role of the private sector in the economy?
The State recognizes the private sector’s indispensable role and encourages enterprise through various investment incentives.
What is the role of the private sector in the economy? Read More »
What are the four instances where a stockholder of a corporation may exercise the right of appraisal?
What are the four instances where a stockholder of a corporation may exercise the right of appraisal? A stockholder is granted the right to dissent and demand payment of the fair value of their shares in four primary instances (SEC. 80, Revised Corporation Code of the Philippines). These include cases where an amendment to the
When is stockholder approval not necessary for a corporation to invest its funds in another business?
When is stockholder approval not necessary for a corporation to invest its funds in another business? Generally, a private corporation must obtain approval from a majority of the board and ratification by two-thirds (2/3) of the outstanding capital stock before investing funds in another business or for any purpose other than its primary purpose (SEC.
