WHEREAS. pursuant to the State declared policy of treating Government-Owned or -Controlled Corporations (GOCCs) as significant tools for economic development and the statutorily-mandated obligation of the State to ensure that the governance of GOCCs is carried out in a transparent responsible and accountable manner and with the utmost degrees of professionalism and effectiveness under governing boards which are compenent to carry out their functions fully accountable to the State as its fiduciaries and always acting for the best interests of the State. the Governance Commission for GOCCs (GCG) in the exercise of its mandate under Section 5(c) of Republic Act No 10149. approved the CODE OF CORPORATE GOVERNANCE FOR GOCCs ("CODE") at its En Banc meeting held on 26 April 2012 for formal submission to the President of the Philippines for His Excellency's approval of what would constitute as an organic document for the GOCC Sector.


Section 43. Mandatory Website – In accordance with Section 25 of the Act, all GOCCs shall maintain a website and post therein for unrestricted public access:

  1. Institutional Matters:
    1. NIA Charter
    2. Subsidiaries
      • NIA Consult, Inc.
    3. Government Corporate Information Sheet (GCIS)
  2. Board and Officers:
    1. Complete listing of the Directors and Officers with attached resume, and their membership in Board Committees
    2. Compensation Package of Board of Directors and Officers
    3. Information on Board Committees and their activities
    4. Attendance record of Directors and their committee meetings
  3. Financial and Operational Matters:
    1. Latest Annual Audited Financial and Performance Report
    2. Audited Financial Statements in the immediate past three years
    3. Quarterly and Annual Reports and Trial Balance
    4. Current Corporate Operating Budget
    5. All borrowings (Local and Foreign) guaranteed by the Government
    6. Government subsidies
    7. Any material risk factors and measures taken to manage such risks
    8. Performance Evaluation System (PES)
  4. Governance Matters:
    1. Charter Statement: Mission-Vision Statements
    2. Performance Scorecards and Strategy Map
    3. Organizational Chart
    4. Manual of Corporate Governance (Note: Provisionally Accepted by GCG)
    5. Corporate Social Responsibility (CSR) Statement
    6. Balance Scorecard
  5. Other information:
    1. NIA Towards ISO 9001-2008 Certification
    2. Guidelines in the Ranking and Distribution of the 2015 Interim Performance-Based Bonus (PBB)
    3. No Gift Policy