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In relation with the research about the Corporate Governance of Vista Land

and Lifescapes Inc., we have found the following:

TRANSPARENCY. Vista Land and Lifescapes value the practice of transparency.


They consider it as one of the companys rules and procedures governing the
acquisition of corporate control in the capital markets, and extraordinary
transactions. For them, transparency is the key to all relevant transactions that the
company may undertake. This can be manifested through transparency in the
valuation of a certain business transaction. They make their reports available to
their investors and make necessary disclosures. It is in their manual on corporate
governance that all shareholders shall be allowed to inspect corporate books and
records including minutes of Board meetings and stock registries in accordance
with the Corporation Code and shall be furnished with annual reports, including
financial statements, without cost or restrictions. It is easy for the public to find
their documents or reports because they are making it available in their website
and it is very easy to find it in the internet. They ensure compliance with the
Security and Exchange Commission and the Philippine Stock Exchange and also
attends Corporate Governance Seminars to keep abreast about the latest
Corporate Governance.

INTEGRITY. The Companys Board of Directors is committed to high standards


of corporate governance, which it considers are critical to business integrity and
to maintaining investors trust. The Company expects all its directors and
employees to act with honesty, integrity and fairness. The Company strives to act
in accordance with the laws and customs of the countries in which it operates;
adopts proper standards of business practice and procedure; and operates with
integrity.

FAIRNESS.

ACCOUNTANBILITY.
CORPORATE SOCIAL RESPONSIBILITY

TRANSPARENCY. Vista Land is known for their corporate social and


environmental responsibility and this becomes an integral part of their business
practices. They have several projects like the Greenviron and building churches
for the community. They disclose their corporate social responsibility in their
website. They include it their annual reports required by the Securities and
Exchange Commission. They discuss the actions done in their annual reports and
place the beneficiaries of the said projects.

Conclusion

Vista Land and Lifescapes observes the four pillars of a good corporate
governance. As a proof, Vista Lands president and CEO Manuel Paolo Villar
received the Asias Best CEO (Investor Relations) award for the second time in
2016. The award is given to a CEO who helps drive the overall management and
growth of the company. Villar said Vista Land believes that practicing good
corporate governance is a necessary component of what constitutes sound
strategic business management and would therefore, undertake every effort
necessary to create awareness within the organization as soon as possible.

Vista Land also garnered a Best Investor Relations Company award and
Brian Edang, Vista Lands head investor relations, bagged the Best Investor
Relations Professional. The Best Investor Relations Award recognises companies
committed to the highest standards of disclosure, transparency and fairness in
disseminating information while the Best IR Professional recognizes the people
who play the leading role in keeping the company in touch with its investors and
keeping the investors well informed about the company that they invest into.

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