ABS-CBN Corporation secured its seventh ASEAN Corporate Governance Award on October 26, 2026, receiving a Golden Arrow Award from the Institute of Corporate Directors for exemplary practices evaluated under the 2025 assessment results.
ABS-CBN Corporation was honored for the seventh time with an ASEAN Corporate Governance Award by the Institute of Corporate Directors for its outstanding corporate governance, according to reporting published on October 26, 2026.
ABS-CBN Earns Golden Arrow Award
The company received the Golden Arrow Award after demonstrating exemplary corporate governance practices, as determined by the 2025 ASEAN Corporate Governance Scorecard (ACGS) and Corporate Governance Scorecard (CGS) assessment results. To earn a Golden Arrow, companies must achieve a score of at least 75 points in the ACGS Assessment and exhibit observable conformance with the Philippine Code of Corporate Governance alongside internationally recommended practices espoused by the ACGS.
The ACGS evaluates companies across several operational pillars, measuring performance in facilitating shareholders’ rights and equitable treatment, sustainability and resilience, stakeholder relations, transparency and accountability through timely disclosures, and the board’s strategic guidance, management, and accountability to the company and its shareholders.
Acceptance of the Award and Institutional Background
Mike Villanueva, chief risk management officer, chief compliance officer, and head of the ABS-CBN Shared Service Center, accepted the recognition on behalf of the company alongside Treasury and Investor Relations team members Cindy Estojero, Melanie Teodoro, and Marvin Payumo.
The Institute of Corporate Directors is a non-stock, non-profit national association of corporate directors and stakeholders engaged in corporate governance. According to the ICD, the ACGS aims to raise the country’s corporate governance standards and practices and make well-governed Philippine publicly listed and insurance companies attractive to investors.
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ABS-CBN WINS ITS 7TH ACGS GOLDEN ARROW AWARD FOR GOOD CORPORATE GOVERNANCE pic.twitter.com/VS9rJi9eqD
ABS-CBN, KINILALA PARA SA MAHUSAY NA PAMAMALAKAD! ❤️💚💙 Muling ginawaran ang ABS-CBN ng ACGS Golden Arrow Award para sa maayos na pagpapatakbo nito ng kumpanya.Maraming salamat, Kapamilya!Sa bawat tagumpay, magkasama tayo, Kapamilya!#MagkasamaTayoSaBawatKwento(Photo… pic.twitter.com/h2sifFHfO1