In the world of publicly listed companies here in the Philippines, there is one scorecard that matters most - the inclusion in the ASEAN Corporate Governance or ACGS scorecard. This serves as a showcase to espouse that the company adheres with the international corporate governance best practices and constantly adheres to practices to be worthy of the trust of various stakeholders.

Leading property developer Robinsons Land Corporation (RLC) is one such company that recently made it to this elite list as domestic ranking body, the Institute of Corporate Directors, conferred RLC, the Golden Arrow Award during the recently held ACGS Golden Arrow Awards Night.  

The ACGS measures the performance of a company in the areas of facilitating the rights and the equitable treatment of shareholders, how they relate to their different stakeholders, ensuring transparency and accountability through timely disclosure of material information, and how the Board guides the company strategically, monitors the management, and ensures the board’s accountability to the company and the shareholders.