Ayala continues to raise the bar of good governance by pursuing measures that bring up level of awareness and practices in organization to help drive value creation and long-term growth.
Governance at Ayala
Ayala Corporation is the holding company of the Ayala group—one of the largest and most diversified conglomerates in the Philippines. Since going public in 1976, Ayala has been steadfast in its belief that good corporate governance plays a major role in the success of its businesses.
Given the large scale of Ayala’s operations, its decision-making process has to be inclusive and responsive to the needs of shareholders and address a wider base of interests. Thus, we maximize good governance to refine prevailing business notions, challenge management decisions, and ultimately guarantee that long-term considerations are prioritized over short-term gains.
Toward these goals, Ayala has set in place a comprehensive set of oversight controls to put management decisions in check and ensure that we conform to regulatory requirements and global best practices. In addition to ensuring compliance with regulations, we have spearheaded the development of governance summits and internal councils, supported scholarly efforts on good governance and advanced shared value business models, and voluntarily embedded global frameworks in our operations to support sustainable development.