Acceptability of Online Registration of the SEC to the Farmers and Fisherfolks in the Eastern Gumaca Quezon
Journal Title: Psychology and Education: A Multidisciplinary Journal - Year 2025, Vol 36, Issue 9
Abstract
This study examined the acceptability of online registration processes of the Securities and Exchange Commission (SEC) among farmers and fisherfolks in Eastern Gumaca, Quezon. Amid digital transformations in governance and growing interest in e-services, understanding how marginalized sectors engage with formal registration systems is critical for inclusive development. The research employed a descriptive cross-sectional design and surveyed 100 farmers and fisherfolks using a validated questionnaire focused on business profiles, level of acceptability of SEC registration, and perceived effects of registration. Results revealed that 65% of respondents had not registered with the SEC, primarily due to lack of awareness, documentation, or technical support. Business profiles showed a dominance of microenterprises and sole proprietorships, with minimal VAT registration and limited formal tax compliance. The level of acceptability of online SEC registration was rated “moderately acceptable” overall, with respondents showing higher acceptance for simplified components such as business name verification but lower acceptance for complex legal procedures like filing articles of incorporation and submitting bylaws. Significant differences in acceptability were found based on SEC and BIR registration status and business size, but not by form of business organization. Findings indicate that prior exposure to regulatory processes enhances acceptance, while microbusinesses and non-tax-registered respondents perceive online registration as burdensome. The study concludes that while there is moderate willingness to engage with SEC registration, practical and procedural barriers remain. It recommends targeted support programs, simplified legal documentation, integrated SEC-BIR processes, and education campaigns to boost regulatory compliance and digital participation among rural entrepreneurs.
Authors and Affiliations
Igleserio Torres , Melchor Espiritu
Keywords
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- EP ID EP767734
- DOI 10.70838/pemj.350909
- Views 8
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