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Compliance of Laws and Effective Corporate Governance

Posted last January 22, 2015, 10:50 pm in People report article

In every country there are laws being implemented.If the public are aware or have sufficient knowledge of the law,they will be guided in order not to violate the law.If in a scenario that they violate the law and found guilty then they will face the required penalty or punishment.In order to settle problems regarding people involve in crimes,the presence of lawyers is needed as legal counsel.


In the Philippines,one well-known person who contributed signifant role as legal counsel was Atty. Jesus Antonio A. Avancena.He was the longest chief legal counsel at the DBP(Development Bank of the Philippines)from 1955 to 1983.In a recently forum in Makati,He was mentioned that in his life,he maintained transparency,decency,sincerity and honor in both personal and official affairs.With his excellent record,it shows that he was a good influencer to all lawyers and aspiring to be a lawyers that honesty and integrity must maintain in the profession as lawyer.By having the said character others may get inspired and be able to carry the best practices in the law profession.In the message of Dr. Jesus P. Estanislao,he encouraged everyone that there is a need for compliance of the law not only locally but also internationally and must have the willingness to cooperate with the vision and be responsible to perform a duty that will lead to uplift the status of the company where we belong but also to the family,schools,small enterprises and local government units.  


The economic development of the Philippines will reflect  how the Filipino citizens starting from the leaders in politics   practicing the compliance of laws and applying effective and proper governance for the sake of progress in the country.For the different leaders in every small and big companies they will be a role model also by serving the interest of the public.