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Busineess and

Government Relations

Constitutional
Policies on Business

-MIRANDA, PATRICIA JOY G.

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SOME CONSTITUTIONAL Introduction
POLICIES ON BUSINESS
1. Permission to Form and Operate
2. Consumer Protection and Safety
Constitutional or Constitution means
3. Employees Rights and Protection
relating to an established set of principles
4. Environmental Regulations and
governing a state or the system of
Protection
fundamental principles according to
5. Revenue and Taxation
which a nation, state, corporation, or the
6. Investor Rights and Protection
like, is governed.

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Permission to Form and Operate

Most business need to register with a state


government to operate. Corporations need
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a charter, and other forms of businesses,
such as partnerships, need other forms of
registration. The function of this
registration is usually to define the financial
liability the owners of the company have.

CONSTITUTIONAL POLICIES ON BUSINESS


Consumer Protection and Safety
The government’s role in business includes
protecting the consumer or customer. When
a vendor fails to honor the guarantee, the
purchaser has recourse in the law. Likewise, 4/10

when a product causes harm to an


individual, the courts may hold the vendor or
manufacturer responsible. Labelling is
another requirement the government
imposes on marketers.

CONSTITUTIONAL POLICIES ON BUSINESS


Employee Rights
and Protections
Equal Work Opportunities for All
Security of Tenure
Work Days and Work Hours
Weekly Rest Day
Wage and Wage-Related Benefits
Payment of Wages
Safe Working Conditions
EC Benefits for Work-Related Contingencies

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Environmental Regulations and
Protection
Major Environmental Laws in the Philippines

Republic Act 9003 Ecological Solid Waste


Management Act of 2000 6/10
Republic Act 9275 Philippine Clean Water Act of
2004
Republic Act 8749 Philippine Clean Air Act of 1999
Republic Act 6969 Toxic Substances, Hazardous
and Nuclear Waste Control Act of 1990
Presidential Decree 1586 Environental Impact
Statement (EIS) Statement of 1978

CONSTITUTIONAL POLICIES ON BUSINESS


Revenue and Taxation
Governments at all levels tax businesses, and
the resulting revenue is an important part of
government budgets. Some revenue is taxed
at the corporate level, then taxed as personal
income when distributed as dividends. This
is in no way inappropriate, since it balances
the tax burden between the company and
individual and allows the government to tax
more equitably

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Investor Rights and
Protection

Government mandates that companies make


financial information public, thereby protecting the
rights of investors and facilitating further investment.
This is generally done through filings with the
Securities and Exchange Commission.

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Why
government
controls
business
activities?
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2025

SDG Progress Report 2025 12/13

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