Performance Report

What two specific reports, in addition to the standard annual financial statement and GIS, must corporations vested with public interest submit?

Legal Answers /

What two specific reports, in addition to the standard annual financial statement and GIS, must corporations vested with public interest submit? Corporations vested with public interest are subject to heightened reporting requirements beyond the general annual financial statements and general information sheet (SEC. 177, Revised Corporation Code of the Philippines). These entities must submit a […]

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Name two reports or statements that the board of directors must endeavor to present at each regular meeting.

Legal Answers /

Name two reports or statements that the board of directors must endeavor to present at each regular meeting. At each regular meeting, the board must endeavor to present a detailed, descriptive, balanced, and comprehensible assessment of the corporation’s performance, including information on any material change in business or strategy (SEC. 49, Revised Corporation Code of

Name two reports or statements that the board of directors must endeavor to present at each regular meeting. Read More »

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