With 26 business organizations, including the Management Association of the Philippines and the Shareholders Association of the Philippines, endorsing the Covenant for Shared Prosperity when it was launched in early November, the serious work of getting individual companies to commit to the covenant now begins.
Readers will recall that the covenant calls on committed businesses to ensure that business growth equitably benefits employees, customers, input and finance providers, the community, the environment, and, of course, shareholders.
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