FEU shows consistency as the only listed school to receive an Arrow citation from the Institute of Corporate Directors.

Far Eastern University (FEU) maintained its standing as a top-performing publicly listed company in the Philippines during the 2021 ASEAN Corporate Governance Scorecard (ACGS) Recognition Ceremony last January 20, 2023 at the Sheraton Manila Hotel in Pasay City. The Institute of Corporate Directors (ICD) awarded the institution with its second Two Golden Arrow trophy during the event. FEU President Dr. Michael M. Alba received the award for the school. The Golden Arrow is given to publicly listed firms that show exemplary work in promoting a culture of corporate governance where it shows its basic principles: responsibility, accountability, awareness, impartiality, and transparency. FEU received a similar award in 2019 and was the only educational institution to be recognized for its corporate governance efforts.