SINGAPORE STEWARDSHIP PRINCIPLES

Singapore's investment environment is thriving and transparent, generally recognized as being marked by sound governance practices amongst investors. Nevertheless, in light of certain trends that are developing in the business landscape, there is scope for the investor community to proactively reinforce the mindset and practice of stewardship.

In today's context, the investment value-chain linking ultimate asset owners to investee companies is increasingly complex. Many countries are seeing a trend towards fragmented ownership, especially in listed companies, with many shareholders each holding a small proportion of shares. Coupled with increasingly shorter shareholding tenure, the ownership mentality is arguably being eroded and replaced by a prevalent short-term view of investment and portfolio management. The emphasis on stewardship is therefore relevant and timely.

Stewardship is important for the wider business and investment ecosystem, including investors and investee companies. The Singapore Stewardship Principles (SSP) for Responsible Investors are intended to enhance this positive environment by encouraging companies to pursue the spirit of good governance and stewardship over that of form, with the ultimate objective of helping companies secure their performance over the long term.

SEVEN PRINCIPLES 

The Singapore Stewardship Principles (SSP) for Responsible Investors aim to enable investors to be active and responsible shareholders. They provide a view on the activities and functions that stewards should carry out, and how these should relate to the boards and management of investee companies. The following Seven Principles provide useful guidance to responsible investors towards fostering good stewardship in discharging their responsibilities and creating sustainable long-term value for all stakeholders.

SSP STEERING COMMITTEE

The SSP Steering Committee is an industry-led collaboration amongst organisations which are committed to enhancing Singapore's investment environment. Its focus is on promoting stewardship in Singapore by encouraging investors to be responsible and active stewards by maintaining a stewardship orientation and related practices. Over 2015-2016, a SSP Working Group was formed to develop the SSP. Evolving from this, the SSP Steering Committee was formed thereafter to promote and administer the SSP and is supported by the Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX).

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SSP NETWORKING SERIES

FREQUENTLY ASKED QUESTIONS

About the SSP

The SSP is a set of stewardship principles intended to enhance Singapore’s investment environment by reinforcing investor stewardship. It aims, by articulating the core behaviour and actions associated with investor stewardship, to enable investors to be active and responsible shareholders.

The SSP provides a view on the activities and functions that stewards should carry out, and how these should relate to the boards and management of investee companies.

Supporting the SSP

As a supporter of the SSP

The SSP Working Group and the SSP Steering Committee

SUPPORT THE SSP

Click here for the list of SSP Supporters.

“We share the view that stewardship is important, and agree with the spirit and principles articulated in the Singapore Stewardship Principles (SSP) for Responsible Investors. We express our support for the SSP.”

For investors who wish to support the SSP by publishing the Statement of Support on your website or related marketing collaterals, please submit your interest below.

There are no fees required to support the SSP.