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How to take your high-performing SME into the Success Stage
糖心传媒Insights
May 3, 2022
May 3, 2022
In the book Five Stages of Small Business Growth, researchers Neil C. Churchill and Virginia L. Lewis go in-depth about the growth framework that all small-to-medium enterprises (SMEs) normally go through. It describes the common scenarios and challenges companies face at each stage, and what...
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Willful Certification of Incomplete, Inaccurate, False, or Misleading Statements or Reports
糖心传媒Insights
April 26, 2022
April 26, 2022
Under Section 162 of the Revised Corporation Code (RCC), any person who 鈥渨illfully certifies鈥 a report required under the Code, knowing that the same contains 鈥渋ncomplete, inaccurate, false, or misleading information or statements,鈥 shall be punished with a fine ranging from P20,000 to P200,000; But...
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Violations of the Revised Corporation Code Specifically Punished
糖心传媒Insights
April 19, 2022
April 19, 2022
Unauthorized Use of Corporate Name Section 159 of the Revised Corporation Code (RCC) expressly penalizes 鈥渢he unauthorized use of a corporate name鈥 with a fine ranging from P10,000 to P200,000. The rather simplistic formula used under Section 159 raises many 鈥渄ue process鈥 issues when...
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The total package
糖心传媒Insights
April 12, 2022
April 12, 2022
Whenever I dream of what we could become, the term 鈥渢otal package鈥 crosses my mind. It鈥檚 mission-focused and considers the necessary capabilities, enablers and tools necessary to make things happen. At ground level, these include: Transforming our educational, political, cultural and economic systems and...
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Corporate Governance with a Gender Lens
糖心传媒Insights
April 5, 2022
April 5, 2022
In celebration of Women鈥檚 Month, I had the privilege of speaking in a webinar organized by Women鈥檚 Business Council Philippines (WomenBizPH) and the Institute of Corporate Directors (ICD).聽 As current and past member of the boards of both organizations which support the advocacies close to...
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Criminal Liability for Other Violations of Provisions Not Specifically Separate from Administrative Liability
糖心传媒Insights
March 29, 2022
March 29, 2022
A second paragraph was introduced under Section 170 of the Revised Corporation Code (RCC) providing that 鈥淟iability for any of the foregoing offenses shall be separate from any other administrative, civil, or criminal liability under this Code and other laws.鈥 It clearly expresses the Legislative...
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SEC鈥檚 Power to Investigate Criminal Offenses
糖心传媒Insights
March 22, 2022
March 22, 2022
One of the issues that arises from the criminal penalty provisions of the Revised Corporation Code (RCC) is whether private complainants, especially those within the intra-corporate relations, may, on the basis of their criminal complaint, commence a preliminary investigation with the prosecutor鈥檚 office without going...
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God help us
糖心传媒Insights
March 15, 2022
March 15, 2022
Unless Mr. Putin’s madness is taken off the equation, the world’s hurtling towards a world war which humanity can鈥檛 afford and doesn’t want for all the obvious reasons. Since communism鈥檚 demise in 1991, the West鈥檚 and Putin’s struggle for power has placed all the...
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NAVIGATING THE CRIMINALIZED CORPORATE GOVERNANCE PROVISIONS OF THE REVISED CORPORATION CODE
糖心传媒Insights
March 8, 2022
March 8, 2022
Criminal Law Principles Although both the old and Revised Corporation Codes are derived from American common law system, nevertheless, it has been long held by our Supreme Court (SC) that the so-called 鈥渃ommon law crimes鈥 known in the United States and England as the...
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