Course Name
Basics of Corporate Governance
Schedule
June 30, 2026 - June 30, 2026
Schedule via Zoom:
June 30, 2026
Tuesday
8:30 am - 4:30 pm
Early Eagle Rate:
Php 5,600
Valid Until:
June 16, 2026
Description
The course is a basic orientation on the concepts and applications of Corporate Governance (CG) as defined under pertinent legislation and administrative issuances in the Philippines. Directors and Key Officers of companies established and/or operating in the Philippines corporations will benefit from the course. First time Directors and Key Officers, or persons who are about to be appointed as such in a Publicly-Listed Corporation, in particular, will meet the required training and basic orientation on CG. The course will nevertheless be helpful for any individual involved in the leadership of his or her corporation, whether it is a for profit, stock corporation or non-stock, non-profit. Beyond mere compliance, participants will benefit from practical frameworks and tools that can be employed inside their companies to employ CG as a means of promoting adherence to internal controls, preventing fraud, and developing a culture of good governance.
This is also in partnership with the Ateneo Gov. Jose B. Fernandez Center for Ethics.
Who should attend
- Corporate Directors (whether in a Publicly Listed or Privately-Held Corporation)
- Key officers and Executives
*Accredited Institutional Training Provider of Corporate Governance of the Securities and Exchange Commission (SEC)
By the end of the session, the participants should be able to:
- Explain the concepts behind good corporate governance, particularly with respect to:
A. Fiduciary Duties and Responsibilities as a response to the Agency Problem
B. Stakeholder Approach to Corporate Governance
C. Rights and Obligations of the Corporate Entity and its Directors and Officers;
D. Link between values, ethics, and good governance.
- Apply these concepts to their respective organizations
I. History, definitions, and basic concepts of corporate governance (CG)
A. Quick history of CG
B. Definitions of CG
C. Key ideas: balance, responsibility, systems
D. Utility of CG: compliance, internal controls, reputation management, corporate responsibility, professionalization, achievement of corporate objectives
E. Principal and agent relationship and the separation of ownership from management
F. Fiduciary duties in CG
II. Director and officer responsibilities under the Revised Corporation Code (RCC)
A. Corporations vested with public interest
B. General provisions on director and officer responsibilities and liabilities
C. The three-fold duty of directors and officers
D. The business judgment rule
E. Conflicts of interest and their different forms
F. New offenses (and their penalties) in the RCC (Secs. 159-169) G. Beyond the legalities: The leader as an example, enforcer and enabler
III. Code of corporate governance for publicly-listed companies (SEC MC No. 19, Series of 2016)
A. Nature and concept of the code of corporate governance for publicly-listed corporations (the “code”)
B. Principle 1: A working, competent board
C. Principle 2: Roles and responsibilities of the board
D. Principle 3: Board committees
E. Principle 4: Director commitment
F. Principle 5: Board independence
G. Principle 6: Board assessment process
H. Principle 7: Strengthening board ethics
IV. Code of corporate governance for publicly-listed companies (second part)
A. Principle 8: Disclosures and transparency
B. Principle 9: Auditor independence and quality
C. Principle 10: Reporting on non-financial and sustainability issues
D. Principle 11: Comprehensive and cost-efficient communication channels
E. Principle 12: Internal controls and enterprise risk management
F. Principle 13: Promoting shareholder rights
G. Principle 14: Stakeholder rights
H. Principle 15: Employee’s participation
I. Principle 16: Social responsibility
VINCENT EDWARD R. FESTIN, JD
Atty. Vincent Edward R. Festin is currently an assistant professor at the Ateneo de Manila Graduate School of Business (AGSB) where he teaches Business Ethics, Corporate Governance, and Business Communications. He is also a part-time lecturer in the Philosophy Department of the Loyola Schools, Ateneo de Manila University. He also serves as an internal consultant in the University Legal and Compliance Office and the University’s Board of Trustees. From May 2017 to October 2020, he was the Director of the MBA Program at the Ateneo School of Medicine and Public Health.
He is the current Chairman of the Board of the Good Governance Advocates and Practitioners of the Philippines (GGAPP), an association of professionals working in the Corporate Governance, Ethics and Compliance space. He is also the former Vice President for Technical Programs of the Integrity Initiative, Inc.
Prior to joining the AGSB full time, he worked at the Philippine Long Distance Telephone Company as the head of the Corporate Governance – Education and Communication Division. Before his work in the corporate world, Blue worked with several civil society organizations. He was a part of the Sentro ng Alternatibong Lingap Panligal (SALIGAN) an alternative developmental legal organization that worked with marginalized sectors of the Philippines, was a trustee and the secretary general of the Local Governance Citizen’s Network (LGC-Net), a trustee of the Consortium for the Advancement of People’s Participation in Sustainable Integrated Area Development (CAPP-SIAD, Inc.) and was the director for academics of the Leaders for Health Program (LHP) of the Ateneo Graduate School of Business. He has served as a consultant in various capacities in the several government agencies.
Atty. Festin obtained his AB (1989) and Juris Doctor (1995) from the Ateneo de Manila University. He was admitted to the Philippine bar in 1996.
