Our Story
A World Bank Study published in 2006 that assessed the state of corporate governance in the Philippines listed among its recommendations for high-priority initiatives in the private sector to encourage the establishment of an association to promote minority shareholders’ rights.
In 2010, spurred by support from industry leaders, the proponent and resource persons of the study formed the Shareholders’ Association of the Philippines Inc. (SharePHIL) together with members of the Corporate Governance Committee of the Management Association of the Philippines (MAP) and some Fellows of the Institute of Corporate Directors (ICD) to address the need for a strong investor organization. The creation of SharePHIL completes the institutional governance infrastructure required to promote capital market development and ensures the creation of a level playing field among shareholders, consistent with best practices in other developed economies.
SharePHIL aims to serve as a catalyst to a more dynamic and sustainable capital market through investor education and advocating for the protection of shareholders’ rights and promoting shareholder activism in a positive way.
