Business Commons^™

The Use Of Smart Devices For The Detection Of Aflatoxin In Ground Corn Feeds, James Salveo L. Olarve, Gil Nonato C. Santos, Karen Doniza, Mary Gillian Santos

Angelo King Institute for Economic and Business Studies (AKI)

Aflatoxin contaminates agricultural commodities, plants or animal-derived food, in warm and humid conditions primarily in tropical countries such as the Philippines. Although the type and degree of contamination are dependent on its concentration, its effect becomes critical when biomagnified. In this study, a rapid, simple, and portable detection was developed. A smart-device sensor was used to measure the pH of the samples with aflatoxin and compared it with the pH of pure samples. Concentrations in parts per billion (ppb) were calculated for each of the samples from the obtained pH readings; Cyclic voltammetry was also conducted to further study the …

Defying The Tone At The Top: An Analysis On The Effects Of Board Characteristics On The Level Of Tax Avoidance Across Philippine Publicly Listed Firms, John Ryan G. Ledesma, Chester T. Herrera, Sharlene Camille A. Li, Angelo A. Unite, Ailyn A. Shi, Michael J. Sullivan

Angelo King Institute for Economic and Business Studies (AKI)

Over the years, the growing culture of tax avoidance among multinational companies around the world has shed light on the importance of improving corporate governance mechanisms. In the Philippines, poor tax collection due to tax leakages has contributed to chronic fiscal deficits in the country. The literature argues that good corporate governance mechanisms (e.g., the structure of the board of directors) play a significant role in ensuring that the management acts in the best interest of the firm and shareholders, thus eventually helping to mitigate the incidences of corporate tax avoidance. Specifically, agency theory argues that the presence of more …

Assessing The Impact Of The Philippine Sin Tax Reform Law On The Demand For Cigarettes, Myrna S. Austria, Jesson A. Pagaduan

Angelo King Institute for Economic and Business Studies (AKI)

One of the significant legislations during the Aquino Administration was Republic Act 10351, otherwise known as the Sin Tax Reform Act of 2012. Considered a landmark legislation, the law addressed the long-standing structural weaknesses of the country’s tobacco tax system. It considerably increased the specific excise tax on tobacco and tobacco products, simplified the tax structure, removed the price classification freeze and indexed the tax rates to address inflation. Prior to the reform, tobacco taxation in the country followed a complex four-tiered tax system using a tax base freeze at 1996 price levels. And since the excise tax was not …

The Use Of Smart Devices For The Detection Of Aflatoxin In Ground Corn Feeds, Gil Nonato C. Santos, Mary Gillian Santos, Karen Doniza, James Salveo L. Olarve

Angelo King Institute for Economic and Business Studies (AKI)

Aflatoxins are toxic and carcinogenic secondary metabolites produced predominantly by two fungal species: Aspergillus flavus and Aspergillus parasiticus (Gourama, H., & Bullerman, L., 1995). These fungal species are contaminants of food crops as well as animal feeds, and are responsible for aflatoxin contamination of these agricultural products. The toxicity and potency of aflatoxins make them the primary health hazard as well as responsible for losses associated with contaminations of processed foods and feeds (Gourama, H., & Bullerman, L., 1995). Determination of aflatoxins concentration in food crops and animal feeds is thus very important for Food Safety Regulatory Agencies (FRSA) to …

Limits, Transparency, And Board Independence Against Tax Avoidance, Francis R. Concepcion, Cheri Mae R. Laguinday, Trisha Amber T. Ong Hianghuy

Angelo King Institute for Economic and Business Studies (AKI)

Taxes are levied by the government primarily for public service purposes (De Leon & De Leon, 2016).However, the high tax rates and narrow tax base imposed in the Philippines become burdensome for taxpayers and also decrease total government revenue collections (Diokno, 2008). It is shown in this study that foreign ownership and customer concentration both increase the levels of corporate tax avoidance practiced by firms while board independence decreases the same. Hence, we do not support the government’s plan to ease foreign ownership restrictions through the amendment of the Constitution (Romualdez, 2017) because easing the current restrictions may entail decreased …

Urban Organic Farming For Diversified Agriculture, Jose Santos Carandang, Robert W. Taylor, Josemari S. Calleja, Edito A. Busayong, Eric Camilio R. Punzalan

Angelo King Institute for Economic and Business Studies (AKI)

Urban organic farming had been shown in previous projects as well as the present one to have the potential of addressing the fundamental requirements of food security by addressing issues of availability since production is just in the vicinity, which also addresses the carbon footprint of food production because food need not be transported to far distances. The use of organic methods also contributed to increased food safety. More importantly, the practice of urban agriculture empowers local residents in the stewardship, specifically of their barangay’s green spaces and more broadly the whole urban environment (see Mogk, Kwiatkowski, &Weindorf, 2010). However, …

Easing Growing Pains: Supporting The Growth Of Small Businesses In The Philippines, Paulynne Castillo

Angelo King Institute for Economic and Business Studies (AKI)

In explaining the 2015 survey findings that the Philippines has the second to the lowest existing business rate in the ASEAN region, the Philippine Entrepreneurship Report, 2015-16 stated that “business operations become more burdensome as they grow due to the more restrictive regulations on large enterprises” (Velasco et al., 2017, p. 40). Established businesses, particularly firms operating in the formal sector, shoulder higher taxes and are subject to social security contributions, minimum wage, and industry-specific regulations (Velasco et al., 2017; Auriol, 2014).

Strengthening early-stage entrepreneurial activities and supporting their quest for expansion, however, require access to financial, legal, and public …