The Korea Stewardship Code Center comprises researchers specialized in stewardship code and has accumulated an array of best practice cases from Korea and abroad as a result of their research activities. In line with the Recommendations from the Korea Stewardship Code,the Center carries out the following activities:
Recommendations from the Korea Stewardship Code
As the organization that examines and monitors the trend of the implementation of the Korea Stewardship Code, it is recommended that the Korea Corporate Governance Service examine the appropriateness of the Code's detailed contents every two years.
When the participants of the Korea Stewardship Code or the market at large request, or when the need arises, it is recommended that the Korea Corporate Governance Service prepare and publicly release explanatory documents and undertake measures to introduce overseas examples in order to assist in the understanding and actual implementation of the Code's detailed contents.
The Korea Stewardship Code stipulates that the Korea Corporate Governance Service examine and monitor market trends as part of its work. Apart from this work, it is recommended for future discussion the need to examine the implementation of the Code by participating institutional investors separately, as well as the organization in charge, and the scope of its work.
Responsibilities of Stewardship Code Center
Providing supports for establishment and revision of the Code
Operation of the Korea Stewardship Code Council and providing necessary assistance
Periodic review and amendment of the specific details of the Principles provided by the Korea Stewardship Code
Collecting opinions from institutional investors and other stakeholders
Providing supports for participation and implementation by institutional investors
Providing assistance for the adoption and implementation of the Code by local and international institutional investors
Publishing the Korea Stewardship Code Guide Book and guidelines on shareholder activities
Sharing best practices from Korea and abroad
Research on market trends
Research on market trends and assistance on laying the market foundation
Research on market trends with regards to the adoption and implementation of the stewardship code
Disclosing the list of the institutional investors that have already joined or plan to join the stewardship code
Organizing and supporting forums and symposiums to discuss stewardship code
Contact : Stewardship Code Center at +82-2-6951-3851