1995
CORPORATE DISCLOSURE REQUIREMENTS
A Primer
PHILIPPINE STOCK EXCHANGE
Volume 1
1995
Table of Contents
Corporate Disclosure Requirements: A Primer
Insider Trading
"Short-Swing" Liability
Quick Guide on Corporate Disclosures
Continuing Listing Requirements
Corporate Disclosure Requirements: A Primer
PSE Principle
Q: What is the PSE's principle on corporate disclosure?
A: The basic principle of the Philippine Stock Exchange, Inc., ("PSE" or the "Exchange") is to ensure full, fair, timely and accurate disclosure for all listed companies. This principle is founded in Article 1 of its By-laws which states:
"Sec. 1. The Principles and foundation of the Philippine Stock Exchange hereinafter referred to as the Exchange are as follows:
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(c) It shall uncompromisingly adhere to the highest ethical standards, to ensure full, fair, timely and accurate disclosure at all times of material information that may affect the value and trading of listed securities.
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Q: What is the purpose behind this principle?
A: It is the position of the Exchange that a fair and orderly market demands that all listed companies make available to the public information necessary to enable holders of the listed securities and the public to appraise the...