“Receiving the 2 Golden Arrow Award is an affirmation of our relentless pursuit of good governance,” FLI president and CEO Tristan Las Marias said in a statement.
“We believe that strong corporate governance is the foundation of sustainable growth and long-term success. This honor motivates us to continue raising the bar in corporate governance practices,” he added.
This recognition marks the third consecutive year that FLI has been recognized for its exemplary corporate governance practices.
The ACGS evaluates governance practices of ASEAN-listed companies, focusing on shareholder rights, transparency, and board oversight, with 184 questions aimed at raising corporate governance standards.